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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 2006 for FLSmidth & Co. A/S

23.11.2006
Message to the Copenhagen Stock Exchange, No. 34 - 2006, 23 November 2006

The Board of Directors of FLSmidth & Co. A/S has today reviewed and approved the Interim Report for January - September 2006. The Interim Report is unaudited and is presented in accordance with IAS 34 and additional Danish information requirements regarding interim reporting of listed companies.
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:
 
Developments in the first three quarters of 2006
 
- The order intake rose 62% to DKK 14,667m in the first three quarters of 2006, up from DKK 9,048m in the same period of 2005.
 
- The net turnover rose 17% to DKK 8,561m in the first three quarters of 2006, up from DKK 7,292m in the same period of 2005.
 
- Earnings before interest and tax (EBIT) rose 87% to DKK 448m in the first three quarters of 2006, up from DKK 239m in the same period of 2005.
 
- Earnings before tax (EBT) rose 41% to DKK 501m in the first three quarters of 2006, up from DKK 356m in the same period of 2005.
 
- Cash flow from operating activities (continuing activities) amounted to DKK 655m in the first three quarters of 2006 as against DKK 749m in the same period of 2005.
 
 
Prospects for 2006
 
- The expectations for the cement market in 2006 are around 120m tonnes per year new contracted cement kiln capacity worldwide (exclusive of China) (previous expectation 100m tonnes per year).
 
 
FLSmidth & Co. upgrades its expectations for the year's financial result:
                                     
- Consolidated net turnover: DKK 12.5-13.5bn                
 
- Earnings before interest and tax (EBIT): DKK 650-700m (previous expectation: DKK 625-675m)
 
- Earnings before tax (EBT): DKK 700-750m (previous expectation: DKK 650-700m)
 
 
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
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