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FLSmidth & Co. is a project and service focused engineering business with a unique global market position and strong potential for growth.

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Announcements

Here you can read company announcements and press releases from FLSmidth.

FLSmidth Company Announcements

Interim report 1 January to 30 June 2005 for FLSmidth & Co. A/S

18.08.2005
Message to the Copenhagen Stock Exchange, No. 21 - 2005, 18 August 2005

The Board of Directors of FLSmidth & Co. A/S has today reviewed and adopted the report and accounts for the first six months of 2005. The Report is unaudited and presented in accordance with the same accounting policies as the Interim report 1 January to 31 March 2005.
The full report is accessible via the Internet at:

http://www.flsmidth.com/investor/fls_reports.htm


The main conclusions are as follows:
 
Earnings performance in the first half of 2005 (continuing activities)
 
  •        Turnover amounted to DKK 4,683m as against DKK 4,893m in the first half of 2004
  •  
  •        Earnings before interest and tax (EBIT) rose to DKK 151m from DKK -63m in the first half of 2004
  •  
  •        Earnings before tax (EBT) increased to DKK 238m from DKK -103m in the first half of 2004
  •  
  •        Cash flow from operating activities increased to DKK 607m from DKK -226m in the first half of 2004
  •  
  •        The order intake rose by 34% to DKK 6,519m from DKK 4,880m in the first half of 2004
  •  
  •        The first half saw a high level of market activity and positive earnings performance in all business units
  •  
  •        The global market for new contracted cement kiln capacity exclusive of China is now expected to reach the level of 55-60m tonnes per year in 2005
  •  
     
    Prospects for 2005
     
    FLSmidth & Co. upgrades its expectations for the year's turnover and financial result:
     
  • Consolidated turnover DKK 10.5bn
  • (previous expectation: approximately   
      DKK 10bn)
     
  • Earnings before interest and tax (EBIT) DKK 250-300m
  • (previous expectation: DKK 170-220m)
     
  • Earnings before tax (EBT) DKK 320-380m 
  • (previous expectation DKK 220-280m)
     
     
    FLSmidth electronic interim report
    All content is interactive on the website. Numbers and tables can easily be downloaded in Excel format and the search function enables you to search for single numbers and words. 
     
     
    FLSmidth & Co. A/S
    Corporate Public Relations