FLSmidth & Co. Group Annual Report for 2020
Share: Strong cash flow and stable organic order intake in 2020 Highlights in 2020 Group revenue declined 16% organically The EBITA margin decreased to 4.7% Strong cash flow, reduction in net working capital and net debt Sequential improvement in both order intake, revenue and EBITA Group business improvement programme was completed Outlook for Mining remains positive Continued reshaping of our Cement business Organically, the order intake in 2020 was on par with last year, comprising a 13% growth in Mining and a 22% decline in Cement. Including currency effects and acquisitions, order int...
Source: benzinga.com