Business Policies

Our business integrity is founded upon a number of key business policies that have been refined since our beginning in 1882. Today, these policies remain the cornerstone of our business and are the driving force behind the way we conduct business around the world.

FLSmidth business policies

Investor Relations Policy

FLSmidth engages in a close dialogue with the stock market to ensure that all investors have equal and timely access to relevant information and that the developments in the share price reflect the underlying financial performance.

The objective of FLSmidth & Co.'s Investor Relations function is to contribute to and facilitate that;

  • FLSmidth complies with EU and Danish laws and regulations and with NASDAQ Copenhagen A/S “Rules for issuers of shares”
  • investors have equal and adequate access to timely, relevant and price sensitive information based on the Company’s guidelines for company announcements, and applicable rules and regulation
  • the share price reflects the Group’s underlying financial performance and fair market value
  • the liquidity and daily trading volume in the FLSmidth share is sufficiently attractive for both short and long-term investors
  • the shareholder base is diversified in terms of both geography, investment style and time horizon

The means are:

  • An open and active dialogue with the stockmarket via www.flsmidth.com and other electronic communication service, as well as via investor presentations, one-on-one meetings, webcasts, conference calls, roadshows, AGMs and capital market days
  • Providing investors and analysts with the services and information required within the limits of rules and regulations applying to listed companies on NASDAQ Copenhagen

A disclosure committee (DC) has been established, consisting of the Group CFO (Chairman of the DC), the head of Group IR, the head of Group Communications as well as the Group General Counsel. The DC is tasked with evaluating whether a particular set of circumstances warrants disclosure according to the Company’s guidelines for company announcements, and applicable rules and regulation.

The overall principles of how we conduct investor relations are:

  • We strive to deliver high accessibility and fast response times
  • Group Executive Management and Group Investor Relations are company spokespersons in relation to the stock market 
  • The Head of IR reports to the Group CFO 
  • Group Executive Management and Group Investor Relations are available for one-on-one meetings and conference calls with investors and analysts. Access can be obtained through Investor Relations (FLSmidth - Contact)
  • We host and webcast investor presentations in connection with quarterly earnings releases 
  • All analyst and investor queries submitted to Investor Relations should be responded to within 48 hours. 
  • The Group maintains a three-week silent period before the planned release of financial statements during which, it neither comments on financial goals or guidance, nor does it take part in meetings and presentations with analysts or investors 
  • We only comment on factual and publicly available information, and not on analyst estimates 
  • We aim at hosting a capital market day every second year to allow investors and analysts to enhance their insights and understanding of our business 
  • We announce orders of strategic importance and orders with a significant impact on the financial results of the current financial years when the contract has been signed