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FLSmidth receives SBTi validation of its carbon emission targets 17 May 2021 FLSmidth has received validation from the Science Based Targets initiative (SBTi) for its carbon emission reduction targets. By implementing its MissionZero programme to achieve these targets, the company will help keep global warming below 1.5°C at the same time as delivering solutions to help reduce global CO 2 emissions by more than 10 per cent – and becoming carbon neutral in its own operations by 2030.  Commenting on the targets, CEO Thomas Schulz says: “I truly believe that the global clim...

FLSmidth A/S: FLSmidth & Co. Group Interim Report for Q1 2021 Order intake increased for the third consecutive quarter Highlights in Q1 2021 Order intake increased 6% compared to Q4 2020, and organic order intake decreased 19% y-o-y Organic revenue declined 13% y-o-y, comprising a 7% decrease in mining and a 23% decline in Cement EBITA margin increased slightly to 5.1% Positive cash flow and reduction in net debt Cash focus and business improvement activities deliver results Continued reshaping of Cement Order intake increased for the third consecutive quarter, but decreased 19% organically y...

FLSmidth has seen its order intake increase for the third consecutive quarter in January-March 2021, rising six per cent QoQ, but the organic order int...

FLSmidth reports 22% decline in cement order intake in 2020 10 February 2021 FLSmidth’s order intake in 2020 was on par with last year, comprising 13 per cent growth in mining and a 22 per cent decline in cement. Including currency effects and acquisitions, total order intake decreased by five per cent to DKK18,524m (US$2490m). FLSmidth Group CEO, Thomas Schulz, commented: "2020 was impacted operationally and financially by the pandemic, which has presented both challenges and opportunities for FLSmidth. Our employees have done a tremendous job handling this crisis and adapt...

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...