FLSmidth Management
Management criteria checks 2/4
FLSmidth's CEO is Mikko Keto, appointed in Jan 2022, has a tenure of 2.92 years. total yearly compensation is DKK23.54M, comprised of 33.3% salary and 66.7% bonuses, including company stock and options. directly owns 0.016% of the company’s shares, worth DKK3.17M. The average tenure of the management team and the board of directors is 3.6 years and 3.9 years respectively.
Key information
Mikko Keto
Chief executive officer
DKK 23.5m
Total compensation
CEO salary percentage | 33.3% |
CEO tenure | 2.9yrs |
CEO ownership | 0.02% |
Management average tenure | 3.6yrs |
Board average tenure | 3.9yrs |
Recent management updates
Recent updates
FLSmidth (CPH:FLS) Might Have The Makings Of A Multi-Bagger
Dec 13Market Participants Recognise FLSmidth & Co. A/S' (CPH:FLS) Earnings
Nov 28At kr.356, Is FLSmidth & Co. A/S (CPH:FLS) Worth Looking At Closely?
Oct 26Are Investors Undervaluing FLSmidth & Co. A/S (CPH:FLS) By 50%?
Sep 30Returns At FLSmidth (CPH:FLS) Are On The Way Up
Sep 14Why FLSmidth's (CPH:FLS) Earnings Are Better Than They Seem
Aug 29When Should You Buy FLSmidth & Co. A/S (CPH:FLS)?
Jul 20An Intrinsic Calculation For FLSmidth & Co. A/S (CPH:FLS) Suggests It's 49% Undervalued
Jul 01Here's Why FLSmidth (CPH:FLS) Can Manage Its Debt Responsibly
Jun 04FLSmidth (CPH:FLS) Hasn't Managed To Accelerate Its Returns
May 08Why Investors Shouldn't Be Surprised By FLSmidth & Co. A/S' (CPH:FLS) P/E
Apr 20Is FLSmidth & Co. A/S (CPH:FLS) Trading At A 38% Discount?
Mar 25FLSmidth's (CPH:FLS) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 10FLSmidth (CPH:FLS) Is Paying Out A Larger Dividend Than Last Year
Feb 25Is Now The Time To Look At Buying FLSmidth & Co. A/S (CPH:FLS)?
Feb 17Here's Why FLSmidth (CPH:FLS) Can Manage Its Debt Responsibly
Jan 29Capital Allocation Trends At FLSmidth (CPH:FLS) Aren't Ideal
Dec 24What Is FLSmidth & Co. A/S's (CPH:FLS) Share Price Doing?
Oct 31Should You Think About Buying FLSmidth & Co. A/S (CPH:FLS) Now?
Jul 13Is FLSmidth & Co. A/S (CPH:FLS) Trading At A 47% Discount?
Jun 26Does FLSmidth (CPH:FLS) Have A Healthy Balance Sheet?
May 29FLSmidth (CPH:FLS) May Have Issues Allocating Its Capital
Apr 28What Is FLSmidth & Co. A/S's (CPH:FLS) Share Price Doing?
Feb 20Is FLSmidth (CPH:FLS) Using Too Much Debt?
Jan 11Investors Could Be Concerned With FLSmidth's (CPH:FLS) Returns On Capital
Dec 24Is It Time To Consider Buying FLSmidth & Co. A/S (CPH:FLS)?
Nov 05Does FLSmidth (CPH:FLS) Have A Healthy Balance Sheet?
Sep 27FLSmidth (CPH:FLS) Hasn't Managed To Accelerate Its Returns
Sep 07Is There Now An Opportunity In FLSmidth & Co. A/S (CPH:FLS)?
Jul 29We Think FLSmidth (CPH:FLS) Can Manage Its Debt With Ease
Jun 22FLSmidth (CPH:FLS) Has Some Difficulty Using Its Capital Effectively
Jun 03At kr.190, Is It Time To Put FLSmidth & Co. A/S (CPH:FLS) On Your Watch List?
Apr 28FLSmidth's (CPH:FLS) Upcoming Dividend Will Be Larger Than Last Year's
Mar 23CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | DKK 837m |
Jun 30 2024 | n/a | n/a | DKK 826m |
Mar 31 2024 | n/a | n/a | DKK 767m |
Dec 31 2023 | DKK 24m | DKK 8m | DKK 678m |
Sep 30 2023 | n/a | n/a | DKK 426m |
Jun 30 2023 | n/a | n/a | DKK 321m |
Mar 31 2023 | n/a | n/a | DKK 344m |
Dec 31 2022 | DKK 16m | DKK 8m | DKK 369m |
Compensation vs Market: Mikko's total compensation ($USD3.29M) is above average for companies of similar size in the Danish market ($USD2.14M).
Compensation vs Earnings: Mikko's compensation has increased by more than 20% in the past year.
CEO
Mikko Keto (57 yo)
2.9yrs
Tenure
DKK 23,544,000
Compensation
Mr. Mikko Keto served as President of Mining Industry at FLSmidth & Co. A/S since January 2021 until January 1, 2022 and serves as Group Chief Executive Officer since January 1, 2022. Mr. Keto has been emp...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Group Chief Executive Officer | 2.9yrs | DKK 23.54m | 0.016% DKK 3.2m | |
Group Chief Financial Officer | 4.4yrs | DKK 14.67m | 0.040% DKK 8.1m | |
COO & Chief Digital Officer | 1.3yrs | no data | no data | |
Head of Investor Relations | no data | no data | no data | |
Group Legal Counsel | 11.9yrs | DKK 1.29m | 0.0045% DKK 909.0k | |
Chief People & Sustainability Officer | 6.7yrs | no data | 0.0016% DKK 328.7k | |
President | no data | no data | no data | |
President of Pumps | less than a year | no data | no data | |
President of Region South America | 4.9yrs | no data | no data | |
President of Region Australia | 4.3yrs | no data | no data | |
President of Region North America | 2.8yrs | no data | no data | |
President of Mining & Service Business Line | 2.9yrs | no data | no data |
3.6yrs
Average Tenure
55yo
Average Age
Experienced Management: FLS's management team is considered experienced (3.6 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Independent Chairman | 12.8yrs | DKK 1.40m | 0.088% DKK 17.8m | |
Independent Director | 5.8yrs | DKK 977.00k | 0.0018% DKK 357.1k | |
Independent Vice Chairman | 2.8yrs | DKK 900.00k | 0.0022% DKK 436.3k | |
Director | less than a year | no data | no data | |
Independent Director | 1.8yrs | DKK 619.00k | no data | |
Independent Director | 7.8yrs | DKK 675.00k | 0.0035% DKK 714.2k | |
Employee-Elected Member | 8.9yrs | DKK 450.00k | 0.00075% DKK 152.2k | |
Employee-Elected Member | 3.9yrs | DKK 450.00k | 0.00023% DKK 46.7k | |
Employee-Elected Member | 3.9yrs | DKK 575.00k | 0.000090% DKK 18.3k |
3.9yrs
Average Tenure
61yo
Average Age
Experienced Board: FLS's board of directors are considered experienced (3.9 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/20 08:29 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
---|---|---|---|
Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
FLSmidth & Co. A/S is covered by 30 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Andrew Carlsen | ABG Sundal Collier |
Xin Wang | Barclays |
Ling Zhang | BNP Paribas Exane |