Stock Analysis
FLSmidth First Quarter 2024 Earnings: EPS: kr.3.40 (vs kr.1.83 in 1Q 2023)
FLSmidth (CPH:FLS) First Quarter 2024 Results
Key Financial Results
- Revenue: kr.4.84b (down 20% from 1Q 2023).
- Net income: kr.194.0m (up 85% from 1Q 2023).
- Profit margin: 4.0% (up from 1.7% in 1Q 2023).
- EPS: kr.3.40 (up from kr.1.83 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
FLSmidth Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 4.7% growth forecast for the Machinery industry in Europe.
Performance of the market in Denmark.
The company's shares are up 2.1% from a week ago.
Risk Analysis
Be aware that FLSmidth is showing 1 warning sign in our investment analysis that you should know about...
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About CPSE:FLS
FLSmidth
Provides flowsheet technology and service solutions for the mining and cement industries in North America, South America, Europe, North and Sub-Saharan Africa, the Middle East, Central and South Asia, the Asia Pacific, and Australia.
Flawless balance sheet with moderate growth potential.