CPSE:FLSMachinery
FLSmidth (CPSE:FLS) Stock Rides Margin Strength As Cash Cracks Emerge
FLSmidth stock came into this earnings print on a strong run, up about 16% over the past month and modestly higher over three months, which indicates sentiment was already warm. The headline today is clear: the market got a capital goods company with real operating traction, not just a story.
Order intake in key service and mining pump lines grew at double digit organic rates, and the adjusted earnings before interest, tax and amortisation margin landed at 17.3%. That is a quality...