FLSmidth Past Earnings Performance

Past criteria checks 3/6

FLSmidth's earnings have been declining at an average annual rate of -3.4%, while the Machinery industry saw earnings growing at 9.3% annually. Revenues have been growing at an average rate of 5.2% per year. FLSmidth's return on equity is 7.4%, and it has net margins of 3.8%.

Key information

-3.4%

Earnings growth rate

-7.7%

EPS growth rate

Machinery Industry Growth	7.1%
Revenue growth rate	5.2%
Return on equity	7.4%
Net Margin	3.8%
Next Earnings Update	12 Nov 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How FLSmidth makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

LSE:0OJA Revenue, expenses and earnings (DKK Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	21,488	826	3,862
31 Mar 24	22,929	767	3,879
31 Dec 23	24,106	678	3,971
30 Sep 23	24,633	426	4,354
30 Jun 23	24,531	321	4,200
31 Mar 23	23,159	344	3,969
31 Dec 22	21,849	369	3,622
30 Sep 22	20,489	607	3,395
30 Jun 22	19,528	541	3,045
31 Mar 22	18,574	449	2,922
31 Dec 21	17,581	375	2,822
30 Sep 21	16,682	306	2,781
30 Jun 21	15,856	246	2,736
31 Mar 21	15,629	184	2,686
31 Dec 20	16,441	231	2,773
30 Sep 20	18,227	365	2,830
30 Jun 20	19,129	511	2,871
31 Mar 20	20,755	753	2,934
31 Dec 19	20,646	797	2,888
30 Sep 19	20,074	886	2,887
30 Jun 19	19,673	864	2,932
31 Mar 19	18,931	818	2,929
31 Dec 18	18,750	818	2,924
30 Sep 18	18,243	554	2,933
30 Jun 18	18,009	483	2,875
31 Mar 18	17,864	389	2,909
31 Dec 17	18,000	419	2,927
30 Sep 17	18,582	590	2,950
30 Jun 17	19,255	677	3,040
31 Mar 17	18,805	684	2,997
31 Dec 16	18,192	586	3,023
30 Sep 16	17,964	427	3,057
30 Jun 16	17,799	348	3,045
31 Mar 16	18,757	479	3,136
31 Dec 15	19,682	599	3,134
30 Sep 15	20,012	732	3,064
30 Jun 15	20,379	857	3,077
31 Mar 15	20,233	971	2,991
31 Dec 14	20,499	880	3,056
30 Sep 14	20,851	568	3,068
30 Jun 14	22,605	-448	3,277
31 Mar 14	24,510	-650	3,477
31 Dec 13	25,482	-720	3,694

Quality Earnings: 0OJA has a large one-off loss of DKK352.0M impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: 0OJA's current net profit margins (3.8%) are higher than last year (1.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 0OJA's earnings have declined by 3.4% per year over the past 5 years.

Accelerating Growth: 0OJA's earnings growth over the past year (157.3%) exceeds its 5-year average (-3.4% per year).

Earnings vs Industry: 0OJA earnings growth over the past year (157.3%) exceeded the Machinery industry -4.7%.

FLSmidth Past Earnings Performance

Past criteria checks 3/6

Key information

Recent past performance updates

Second quarter 2024 earnings released: EPS: kr.3.20 (vs kr.2.09 in 2Q 2023)

First quarter 2024 earnings released: EPS: kr.3.40 (vs kr.1.83 in 1Q 2023)

Full year 2023 earnings released: EPS: kr.12.01 (vs kr.6.50 in FY 2022)

FLSmidth & Co. A/S to Report Q3, 2024 Results on Nov 12, 2024

Third quarter 2023 earnings released: EPS: kr.4.84 (vs kr.2.97 in 3Q 2022)

Second quarter 2023 earnings released: EPS: kr.2.09 (vs kr.2.55 in 2Q 2022)

Recent updates

FLSmidth Launches Its Global Global PerformanceIQ Hub

FLSmidth & Co. A/S (CPSE:FLS) signed an agreement to acquire Tipco Tudeshki Industrial Process Control GmbH.

Second quarter 2024 earnings released: EPS: kr.3.20 (vs kr.2.09 in 2Q 2023)

FLSmidth & Co. A/S Lowers Consolidated Earnings Guidance for the Fiscal Year 2024

First quarter 2024 earnings released: EPS: kr.3.40 (vs kr.1.83 in 1Q 2023)

FLSmidth & Co. A/S Provides Consolidated Revenue Guidance for the Fiscal Year 2024

FLSmidth & Co. A/S Approves Board Changes

Upcoming dividend of kr.4.00 per share

FLSmidth & Co. A/S Proposes Dividend for 2023

FLSmidth & Co. A/S (CPSE:FLS) acquired Farnell-Thompson Applied Technologies Inc.

Dividend increased to kr.4.00

Full year 2023 earnings released: EPS: kr.12.01 (vs kr.6.50 in FY 2022)

Flsmidth & Co. A/S Provides Consolidated Earnings Guidance for the Year 2024

Solix Group AB agreed to acquire MAAG gears and drives business from FLSmidth & Co. A/S (CPSE:FLS).

FLSmidth & Co. A/S to Report Q3, 2024 Results on Nov 12, 2024

Third quarter 2023 earnings released: EPS: kr.4.84 (vs kr.2.97 in 3Q 2022)

FLSmidth & Co. A/S, Annual General Meeting, Apr 10, 2024

FLSmidth & Co. A/S announced that it expects to receive DKK 693 million in funding from Altor Equity Partners AB

Second quarter 2023 earnings released: EPS: kr.2.09 (vs kr.2.55 in 2Q 2022)

Flsmidth & Co. A/S Reaffirms Earnings Guidance for the Full Fiscal Year 2023

Micronics Engineered Filtration Group, Inc. acquired Advanced Filtration Technologies business from FLSmidth & Co. A/S (CPSE:FLS).

Koch Solutions Gmbh signed an Asset Purchase & Transfer Agreement to acquire non-core activities material handling technology assets of FLSmidth.

FLSmidth & Co. A/S (CPSE:FLS) acquired Morse Marine Bearings.

First quarter 2023 earnings released: EPS: kr.1.83 (vs kr.2.30 in 1Q 2022)

Flsmidth & Co. A/S Maintains Earnings Guidance for the Full Fiscal Year 2023

Upcoming dividend of kr.3.00 per share at 1.2% yield

Flsmidth & Co. A/S Provides Consolidated Revenue Guidance for the Full Year 2023

Investor sentiment improved over the past week

FLSmidth & Co. A/S to Report First Half, 2023 Results on Aug 15, 2023

FLSmidth & Co. A/S Announces Revenue Guidance for the Year 2022

FLSmidth & Co. A/S (CPSE:FLS) completed the acquisition of mining business from thyssenkrupp Industrial Solutions AG.

Second quarter 2022 earnings released: EPS: kr.2.55 (vs kr.1.17 in 2Q 2021)

FLSmidth & Co. A/S Revises Earnings Guidance for the Year 2022

FLSmidth & Co. A/S Announces Board Changes

Upcoming dividend of kr.3.00 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

FLSmidth & Co. A/S Provides Earnings Guidance for the Year 2022

FLSmidth & Co. A/S has completed a Follow-on Equity Offering in the amount of DKK 1.4592 billion.

Second quarter 2021 earnings released: EPS kr.1.17 (vs kr.0.18 loss in 2Q 2020)

FLSmidth & Co. A/S Revises Earnings Guidance for the Year 2021

First quarter 2021 earnings released: EPS kr.1.06 (vs kr.2.06 in 1Q 2020)

FLSmidth & Co. A/S Provides Earnings Guidance for the Year of 2021

Upcoming Dividend of kr.2.00 Per Share

Osisko Mining Orders Milling Equipment for Windfall from Flsmidth

New 90-day high: kr.245

Full year 2020 earnings released: EPS kr.4.61 (vs kr.15.94 in FY 2019)

Revenue beats expectations

Çimko Çimento Chooses FLSmidth as Supplier for Grey-To-White Cement Conversion Project

FLSmidth in Talks to Buy Thyssenkrupp's Mining Unit

New 90-day high: kr.234

REEL SAS entered into a definitive agreement to acquired Flsmidth Hamburg Gmbh from FLSmidth & Co. A/S (CPSE:FLS)

Simatek A/S entered into an agreement to acquire Filter Technology Business of FLSmidth & Co. A/S (CPSE:FLS).

New 90-day high: kr.221

FLSmidth on the Way to Deliver 86% Fuel Substitution for Bursa Çimento

TITAN Cement Group Announces New Two and Half Year Service Agreement with Flsmidth

New 90-day high: kr.205

European Union body grants EUR 5.4 million to FLSmidth-led mining efficiency project

FLSmidth Announces Management Changes

Two FLSmidth Hotdisc’s to Replace Coal At Sungshin Cement

Revenue beats expectations

FLsmidth & Co. A/S Revised Earnings Guidance for the Year 2020

New 90-day low: kr.170

Flsmidth Receives an Order for its Bulkexpert Digital Solution from A Customer in Brazil

FLSmidth & Co. A/S (CPSE:FLS) signed a definitive agreement to acquire KnowledgeScape.

New 90-day low: kr.172

FLSmidth & Co. A/S (CPSE:FLS) acquired Mill-Ore Industries Inc. DKK 41 million.

New 90-day low - kr.177

First half earnings released

Revenue & Expenses Breakdown