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FLSmidth cartel penalty on former subsidiary reduced


Company Announcement to the Danish Financial Supervisory Authority No. 13-2012, 6 March 2012

As announced in 2005 (see FLSmidth stock exchange announcement No. 30-2005 issued 1 December 2005) the European Commission then ruled that FLSmidth & Co. A/S and the subsidiary company FLS Plast A/S were to be held partly liable with regard to a cartel penalty on a formerly FLSmidth-owned French company then named Silvallac S.A (later Trioplast Wittenheim).

The General Court (court of first instance) has today reduced FLSmidth & Co. A/S' and the subsidiary company FLS Plast A/S' partly liability for this penalty. The liability is reduced from EUR 15,30m to EUR 14,45m. 

FLSmidth and its advisers will now study the decision in detail before deciding on a possible appeal to the European Court of Justice.


Please address any questions regarding this announcement to Vice President, Group General

Counsel Johannus Egholm Hansen eller Global Communications Manager Jesper B. Larsen, FLSmidth & Co. A/S at +45 3618 1800.

For further information about FLSmidth, please visit

Yours faithfully

Pernille Friis Andersen

Corporate Communications & Investor Relations