Notizie in diretta • May 06
FLSmidth Wins DKK 300 Million Iron Ore Technology Contracts in South Asia FLSmidth has secured repeat contracts worth DKK 300 million for an iron ore beneficiation project in South Asia.
The project will use large-scale High-Pressure Grinding Rolls, stirred media mills, nextSTEP flotation, concentrate thickeners and a filtered tailings system.
The contract is aligned with FLSmidth's MissionZero ambition by targeting more sustainable mining operations, with commissioning planned in 2023.
For you as an investor, this contract highlights ongoing demand for FLSmidth’s mining technology, particularly in upgrading lower grade iron ore into higher grade concentrate. The use of some of the world’s largest grinding and flotation equipment, along with a large filtered tailings system, points to sizeable project scope and a focus on resource efficiency and waste management.
The repeat nature of the orders suggests the customer is already familiar with FLSmidth’s solutions, which can be relevant when you think about customer relationships and potential follow-on work. The MissionZero angle also signals how the company is positioning its product offering around environmental performance, an area that is increasingly important for miners and their suppliers. Buy Or Sell Opportunity • Apr 22
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.7% to kr.505. The fair value is estimated to be kr.655, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 17% per annum over the same time period. Annuncio • Apr 01
Nrep NSF V Fund, a fund managed by NREP A/S, and AG GRUPPEN A/S completed the acquisition of Matr. No 2055 A/S from FLSmidth & Co. A/S (CPSE:FLS). Nrep NSF V Fund, a fund managed by NREP A/S, and AG GRUPPEN A/S entered into a share purchase agreement to acquire Matr. No 2055 A/S from FLSmidth & Co. A/S (CPSE:FLS) for DKK 730 million on June 17, 2025. A cash consideration of DKK 730 million will be paid by NREP A/S and AG GRUPPEN A/S. As part of consideration, DKK 730 million is paid towards common equity of Matr. No 2055 A/S. Matr. No 2055 A/S owns land and buildings located on Vigerslev Allé 77 in Valby, Denmark. The expected net cash proceeds from the sale amount to approximately DKK 730 million to be paid in full to FLSmidth upon closing of the transaction.
The transaction is subject to approval by the Danish Consumer and Competition Authority and is expected to close at the end of the first quarter of 2026. The expected net cash proceeds from the sale will be allocated in line with the FLSmidth & Co. general capital allocation priorities as well as to general corporate purposes.
Catella Corporate Finance A/S acted as financial advisor for FLSmidth & Co. A/S. Søren Andreasen of Kromann Reumert acted as legal advisor to FLSmidth & Co. A/S. Søren Kopp, Søren Damgaard of Bruun & Hjejle acted as legal advisors to NREP A/S and AG GRUPPEN A/S.
Nrep NSF V Fund, a fund managed by NREP A/S, and AG GRUPPEN A/S completed the acquisition of Matr. No 2055 A/S from FLSmidth & Co. A/S (CPSE:FLS) on March 31, 2026. The financial implications of the transaction are in line with the information disclosed in Company Announcement No. 9-2025, including net cash proceeds of approximately DKK 730 million and an accounting gain of approximately DKK 690 million, both of which will be recognized in the first quarter of 2026. Upcoming Dividend • Mar 18
Upcoming dividend of kr.4.00 per share Eligible shareholders must have bought the stock before 25 March 2026. Payment date: 27 March 2026. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Danish dividend payers (4.8%). Lower than average of industry peers (2.5%). Annuncio • Feb 25
Flsmidth & Co. A/S Announces Executive Changes, Effective February 23, 2026 FLSmidth & Co. A/S announced that Qasim Abrahams has been appointed President, Products Business Line, effective February 23, 2026, succeeding Julian Soles, who will leave the company. Qasim Abrahams is a seasoned leader in the global mining technology and services industry, bringing more than 20 years of leadership and transformational experience across Sub-Saharan Africa and at a global level since joining FLSmidth in 2022. As President, Products Business Line, Qasim will lead our continued efforts to strengthen the Products business through further optimisation of our global supply chains with a keen emphasis on standardisation, repeatability and engineering discipline. At the same time, Qasim will apply a full-lifecycle mindset, with a strong focus on innovation and technology development carried out in close collaboration with our customers, advancing our minerals processing portfolio to improve productivity, reliability and sustainability for the mining industry. In addition to the change in the Products Business Line leadership, Alanas Kraujalis, Head of Consumables, has been appointed interim President, Service Business Line, effective February 23, 2026. In this role, Alanas will work closely with his leadership team to further develop the Service business’ strategy to accelerate growth. This includes further developing service offerings, improving the customer experience and expanding market position by leveraging the key strategic initiatives implemented over recent years. Under Julian Soles' leadership, the Products business improved organisational performance, reduced product cost and became a more efficient and cost-effective organisation. Annuncio • Feb 24
FLSmidth & Co. A/S Announces not to seek for Re-Election of Board of Directors FLSmidth & Co. A/S announced proposed changes to the Board composition, including the Chairship, ahead of the Annual General Meeting on March 24, 2026. The Board proposes to reduce the number of shareholder-elected Board members, and as a result, Chair Mads Nipper, Vice Chair Christian Bruch, and Board member Thrasyvoulos Moraitis have decided not to seek re-election at the Annual General Meeting. Declared Dividend • Feb 20
Dividend reduced to kr.4.00 Dividend of kr.4.00 is 50% lower than last year. Ex-date: 25th March 2026 Payment date: 27th March 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 32%. Cash payout ratio: 53%. Reported Earnings • Feb 19
Full year 2025 earnings released: EPS: kr.12.40 (vs kr.17.91 in FY 2024) Full year 2025 results: EPS: kr.12.40 (down from kr.17.91 in FY 2024). Revenue: kr.14.6b (down 28% from FY 2024). Net income: kr.706.0m (down 31% from FY 2024). Profit margin: 4.8% (down from 5.0% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Machinery industry in Europe. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 19
FLSmidth & Co. A/S announces Annual dividend, payable on March 27, 2026 FLSmidth & Co. A/S announced Annual dividend of DKK 4.0000 per share payable on March 27, 2026, ex-date on March 25, 2026 and record date on March 26, 2026. Price Target Changed • Jan 16
Price target increased by 7.0% to kr.500 Up from kr.467, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of kr.519. Stock is up 44% over the past year. The company is forecast to post earnings per share of kr.10.27 for next year compared to kr.17.91 last year. Recent Insider Transactions • Nov 20
Group Chief Executive Officer recently sold kr.8.5m worth of stock On the 17th of November, Mikko Keto sold around 21k shares on-market at roughly kr.409 per share. This transaction amounted to 89% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Mikko has been a net seller over the last 12 months, reducing personal holdings by kr.16m. Major Estimate Revision • Nov 19
Consensus EPS estimates increase by 13% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from kr.8.84 to kr.10.01. Revenue forecast steady at kr.14.4b. Net income forecast to grow 15% next year vs 23% growth forecast for Machinery industry in Denmark. Consensus price target broadly unchanged at kr.475. Share price fell 8.1% to kr.396 over the past week. Annuncio • Nov 17
Mikko Keto to Step Down as Chief Executive Officer of FLSmidth & Co. A/S During First Half of 2026 FLSmidth & Co. A/S (FLSmidth) announced that Chief Executive Officer, Mikko Keto, has informed the Board of Directors of his decision to step down from his position to assume an executive role with a non-competing company. Mikko Keto will continue in his current capacity in the coming months to ensure business continuity, while the Board of Directors advances a structured CEO succession process. It is expected that Mikko Keto will leave the company during first half of 2026. The Board of Directors of FLSmidth has a well-prepared succession plan in place, and the search for Mikko Keto’s successor starts immediately. The Board of Directors will announce the appointment of a successor once the process has been concluded. Mikko Keto joined FLSmidth in 2021 as President for the former Mining business and was appointed Chief Executive Officer in January of 2022. During his tenure as CEO, Mikko Keto has overseen a multi-year transformation of FLSmidth that has reshaped the company’s strategic, operational and financial profile. Mikko Keto has been instrumental in driving a comprehensive portfolio rationalisation, consolidating the organisation into a more streamlined operating model and implementing effective cost-discipline initiatives. These efforts have greatly improved FLSmidth’s commercial and financial performance, providing a resilient platform and positioning FLSmidth well for the next leg of its strategic journey. Reported Earnings • Nov 13
Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2025 results: EPS: kr.5.29 (up from kr.4.15 in 3Q 2024). Revenue: kr.3.45b (down 15% from 3Q 2024). Net income: kr.296.0m (up 24% from 3Q 2024). Profit margin: 8.6% (up from 5.9% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) exceeded analyst estimates by 84%. Revenue is expected to decline by 6.5% p.a. on average during the next 3 years, while revenues in the Machinery industry in Europe are expected to grow by 5.2%. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Oct 28
Consensus EPS estimates fall by 22% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from kr.11.33 to kr.8.84. Revenue forecast unchanged from kr.14.5b at last update. Net income forecast to shrink 6.3% next year vs 23% growth forecast for Machinery industry in Denmark . Consensus price target broadly unchanged at kr.480. Share price rose 5.5% to kr.512 over the past week. New Risk • Oct 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: kr.0 (US$0) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (kr.0 market cap, or US$0). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Major Estimate Revision • Sep 18
Consensus EPS estimates fall by 11% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from kr.15.42 to kr.13.69 per share. Revenue forecast steady at kr.14.6b. Net income forecast to shrink 9.9% next year vs 22% growth forecast for Machinery industry in Denmark . Consensus price target up from kr.454 to kr.466. Share price fell 2.2% to kr.435 over the past week. Major Estimate Revision • Sep 03
Consensus EPS estimates fall by 15% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from kr.18.16 to kr.15.42 per share. Revenue forecast steady at kr.14.6b. Net income forecast to shrink 11% next year vs 22% growth forecast for Machinery industry in Denmark . Consensus price target up from kr.436 to kr.447. Share price was steady at kr.421 over the past week. Reported Earnings • Aug 21
Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2025 results: EPS: kr.4.49 (up from kr.3.20 in 2Q 2024). Revenue: kr.3.38b (down 32% from 2Q 2024). Net income: kr.255.0m (up 41% from 2Q 2024). Profit margin: 7.5% (up from 3.7% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 17%. Earnings per share (EPS) exceeded analyst estimates. Revenue is expected to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Machinery industry in Europe are expected to grow by 5.1%. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Aug 08
Consensus EPS estimates fall by 11% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from kr.16.77 to kr.14.88. Revenue forecast unchanged from kr.15.0b at last update. Net income forecast to shrink 17% next year vs 20% growth forecast for Machinery industry in Denmark . Consensus price target of kr.424 unchanged from last update. Share price rose 2.2% to kr.384 over the past week. Major Estimate Revision • Jul 11
Consensus EPS estimates fall by 21% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from kr.22.74 to kr.17.86. Revenue forecast unchanged from kr.15.0b at last update. Net income forecast to shrink 16% next year vs 15% growth forecast for Machinery industry in Denmark . Consensus price target up from kr.413 to kr.424. Share price was steady at kr.387 over the past week. Major Estimate Revision • Jul 07
Consensus revenue estimates fall by 20% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from kr.18.9b to kr.15.0b. EPS estimate fell from kr.22.74 to kr.16.36 per share. Net income forecast to shrink 16% next year vs 16% growth forecast for Machinery industry in Denmark . Consensus price target up from kr.413 to kr.435. Share price was steady at kr.384 over the past week. Recent Insider Transactions • Jun 29
Group Chief Executive Officer recently sold kr.7.9m worth of stock On the 25th of June, Mikko Keto sold around 20k shares on-market at roughly kr.393 per share. This transaction amounted to 46% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Mikko's only on-market trade for the last 12 months. Annuncio • Jun 19
Nrep NSF V Fund, a fund managed by NREP A/S, and AG GRUPPEN A/S entered into a share purchase agreement to acquire Matr. No 2055 A/S from FLSmidth & Co. A/S (CPSE:FLS) for DKK 730 million. Nrep NSF V Fund, a fund managed by NREP A/S, and AG GRUPPEN A/S entered into a share purchase agreement to acquire Matr. No 2055 A/S from FLSmidth & Co. A/S (CPSE:FLS) for DKK 730 million on June 17, 2025. A cash consideration of DKK 730 million will be paid by NREP A/S and AG GRUPPEN A/S. As part of consideration, DKK 730 million is paid towards common equity of Matr. No 2055 A/S. Matr. No 2055 A/S owns land and buildings located on Vigerslev Allé 77 in Valby, Denmark. The expected net cash proceeds from the sale amount to approximately DKK 730 million to be paid in full to FLSmidth upon closing of the transaction. The expected net cash proceeds from the sale will be allocated in line with the FLSmidth & Co. general capital allocation priorities as well as to general corporate purposes. The transaction is subject to approval by the Danish Consumer and Competition Authority and is expected to close at the end of the first quarter of 2026.
Catella Corporate Finance A/S acted as financial advisor for FLSmidth & Co. A/S. Kromann Reumert acted as legal advisor in the transaction. Søren Kopp, Søren Damgaard of Bruun & Hjejle acted as legal advisor to NREP A/S and AG GRUPPEN A/S. Reported Earnings • May 15
First quarter 2025 earnings released: EPS: kr.6.10 (vs kr.3.40 in 1Q 2024) First quarter 2025 results: EPS: kr.6.10 (up from kr.3.40 in 1Q 2024). Revenue: kr.4.73b (down 2.3% from 1Q 2024). Net income: kr.347.0m (up 79% from 1Q 2024). Profit margin: 7.3% (up from 4.0% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 4.7% growth forecast for the Machinery industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. New Risk • May 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Danish stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.5% average weekly change). Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to kr.372, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Machinery industry in Europe. Total returns to shareholders of 98% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr.632 per share. Board Change • May 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Lars Engstrom was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Apr 11
FLS Advances Sustainability Through Innovation with its New Mill Liners Recycling Service Offering FLS introduced its new mill liner recycling services offering, underscoring its commitment to sustainability and to supporting customers with productivity-enhancing mill liner solutions. The comprehensive recycling solution for composite and rubber grinding mill liners has just been launched in Chile to service customers across South America with plans for global expansion at a later stage. In line with FLS's MissionZero sustainability programme, this launch also supports customers' productivity and sustainability ambitions. Through this new offering, FLS can both provide customers with the required CO2 emissions documentation for environmental, social and governance (ESG) reporting as well as improve utilisation of space on mine sites by eliminating used liner storage. A key component powering its mill liner recycling services, FLS has developed a recycling machine that is highly portable, scalable and modular for ease of use. With numerous safety and efficiency features, the machine can handle various liner types, shapes and sizes based on customer needs in the region. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to kr.273, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Machinery industry in Europe. Total returns to shareholders of 61% over the past three years. Upcoming Dividend • Mar 27
Upcoming dividend of kr.8.00 per share Eligible shareholders must have bought the stock before 03 April 2025. Payment date: 07 April 2025. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Danish dividend payers (4.6%). Lower than average of industry peers (2.9%). Declared Dividend • Mar 10
Dividend increased to kr.8.00 Dividend of kr.8.00 is 100% higher than last year. Ex-date: 3rd April 2025 Payment date: 7th April 2025 Dividend yield will be 2.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Mar 04
FLSmidth & Co. A/S, Annual General Meeting, Apr 02, 2025 FLSmidth & Co. A/S, Annual General Meeting, Apr 02, 2025, at 16:00 Romance Standard Time. Location: offices of the company, vigerslev alle 77, dk-2500, Denmark New Risk • Feb 23
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Annuncio • Feb 22
FLSmidth & Co. A/S Provides Consolidated Earnings Guidance for the Full Year 2025 FLSmidth & Co. A/S provided consolidated earnings guidance for the full year 2025. for the year, the company expects revenue of approximately DKK 19.0 billion. Reported Earnings • Feb 21
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: kr.17.90 (up from kr.11.95 in FY 2023). Revenue: kr.20.2b (down 16% from FY 2023). Net income: kr.1.02b (up 50% from FY 2023). Profit margin: 5.0% (up from 2.8% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.5%. Revenue is forecast to stay flat during the next 3 years compared to a 4.9% growth forecast for the Machinery industry in Europe. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 24% per year. Annuncio • Feb 18
FLSmidth Announces Group Executive Management Appointments FLSmidth announced the appointment of two new leaders to Group Executive Management. Julian Soles will join FLSmidth on 1 May 2025 as President, Mining Products Business Line and Toni Laaksonen will join the company in the coming months as President, Mining Service Business Line. Toni Laaksonen joins FLSmidth from Glaston Corporation, a technology, solutions and service provider for the glass processing industry where he is President and CEO. Under his leadership, the company has developed its service offerings and global customer support as well as increased service sales by restructuring the global sales and service organisation. Before joining Glaston, he held several business, sales and service leadership positions with Metso, Outotec, ABB and Posti Group. In these roles he built a track record of profitability improvement and sales growth through organic business development and acquisitions. Laaksonen holds a Master of Science degree in technology from Tampere University of Technology and a Bachelor of Science degree in economics from the University of Vaasa. Julian Soles is a seasoned leader in operational and technical innovation within the natural resources and heavy industry sectors, with a strong focus on operations, product development, sustainability and safety. Throughout his career he has played a pivotal role in advancing offshore operations, mining technology and zero-emission solutions for industrial applications. Soles has held several senior leadership positions at Transocean. He was most recently CEO of First Mode, where he led a global team in designing, manufacturing and deploying the world’s largest hydrogen-powered mining haul truck and bringing to market the first commercial hybrid solution for ultra class haulage. He holds Bachelor of Engineering and Master of Science degrees in naval architecture and offshore engineering from University College London and an MBA from the University of Houston. Once Julian and Toni have joined FLSmidth, Group Executive Management will consist of the following members: Mikko Keto, CEO. Roland M. Andersen, CFO. Cori Petersen, Chief People and Sustainability Officer. Mikko Tepponen, Chief Digital Officer and Chief Operations Officer. Julian Soles, President, Products Business Line. Toni Laaksonen, President, Service Business Line. Pat Turner, President, Pumps, Cyclones and Valves Business Line. Christopher Ashworth, President, FLSmidth Cement. Annuncio • Dec 17
Flsmidth Announces Changes to Group Executive Management FLSmidth announces that Joshua Meyer, President, Mining Service Business Line and Annette Terndrup, Group General Counsel, are stepping down from their roles and will be leaving the company. Josh will be leaving FLSmidth at the end of December 2024 and Annette’s last day with FLSmidth will be at the end of February 2025. The process of identifying Josh’s replacement is ongoing and is expected to be concluded in the near future. As part of the continued implementation of new corporate operating model, the role as General Counsel will no longer be part of the executive leadership team, but will continue to report directly to the CEO. Until a replacement for Josh is announced, Alanas Kraujalis will support with day-to-day leadership of the Service Business Line. Alanas Kraujalis currently serves as Senior Vice President and Head of Consumables and has been with FLSmidth for more than 10 years. Reported Earnings • Nov 13
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: kr.5.00 (up from kr.4.84 in 3Q 2023). Revenue: kr.5.06b (down 12% from 3Q 2023). Net income: kr.287.0m (up 4.0% from 3Q 2023). Profit margin: 5.7% (up from 4.8% in 3Q 2023). Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is expected to decline by 1.2% p.a. on average during the next 3 years, while revenues in the Machinery industry in Europe are expected to grow by 4.8%. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 27
FLSmidth Launches Its Global Global PerformanceIQ Hub FLSmidth’s PerformanceIQ services first launched at the PERUMIN conference in 2022. Since then, positive impact on performance and productivity can be seen in the regions where the services have been launched. This announcement marks another important milestone in FLSmidth’s strategic journey. With the inauguration of the Global PerformanceIQ Hub located in Global Product and Technology Centre in Salt Lake City, US, FLSmidth is now bringing the PerformanceIQ services to a global scale. Combined with the onsite service teams and global services centres, the Global PerformanceIQ Hub will make it possible to maximise the potential of plant operations globally. The Hub is more than a digital technology centre – it is a collaboration space for partnering with customers to deliver innovative, tailored solutions that meet customers’ individual needs and the evolving demands of the mining industry. The Hub centralises information, visualisations and expertise to provide valuable insights aimed at: increasing throughput, recovery rates and product output quality, developing analytics-driven shutdown and maintenance schedules, improving safety and efficiency of maintenance operations, and boosting energy efficiency and water consumption efficiency, while also reducing CO2 emissions. Annuncio • Sep 19
FLSmidth & Co. A/S (CPSE:FLS) signed an agreement to acquire Tipco Tudeshki Industrial Process Control GmbH. FLSmidth & Co. A/S (CPSE:FLS) signed an agreement to acquire Tipco Tudeshki Industrial Process Control GmbH on September 19, 2024.