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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 September 2005 for FLSmidth & Co. A/S

17.11.2005
Message to the Copenhagen Stock Exchange, No. 28-2005

The Board of Directors of FLSmidth & Co. A/S has today reviewed and adopted the report and accounts for the first nine months of 2005. The Report is unaudited and presented in accordance with the same accounting policies as the Interim report 1 January to 30 June 2005.
The full report is accessible via the Internet at:

http://www.flsmidth.com/flsmidth/english/investor/reports/default.asp


The main conclusions are as follows:
 
Earnings performance in the first three quarters of 2005 (continuing activities)
  • The turnover amounted to DKK 7,292m as against DKK 7,370m in the first three quarters of 2004.
  • Earnings before interest and tax (EBIT) rose to DKK 239m from DKK -26m in the first three quarters of 2004
  • Earnings before tax (EBT) rose to DKK 356m from DKK -77m in the first three quarters of 2004
  • Cash flows from operating activities rose to DKK 749m from DKK -235m in the first three quarters of 2004
  • Net interest-earning balances attributable to continuing activities amounted to DKK 1,330m at the end of the third quarter of 2005.
  • The order intake rose by 31% to DKK 9,048m from DKK 6,888m in the first three quarters of 2004
  • The first three quarters saw a high level of activity in all market segments.
  • The prospects for the global market for new contracted cement kiln capacity exclusive of China have been upgraded to 60-65 million tonnes per year in 2005 (previously 55-60m tonnes per year) and to 40-45 million tonnes per year in 2006 (previously 30-35 million tonnes per year).
 
Prospects for 2005
FLSmidth & Co. upgrades its expectations for the year's financial result:
  • Consolidated turnover DKK 10.5bn (unchanged)
  • Earnings before interest and tax (EBIT) DKK 300-340m (previously DKK 250-300m)
  • Earnings before tax (EBT) DKK 400-440m (previously DKK 350-410m)
 
 
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. 
 
 
 
Yours Faithfully
 
FLSmidth & Co. A/S
Corporate Public Relations