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Flsmidth & Co A/S (FLS.CO)

FLS.CO on Copenhagen Stock Exchange

397.30DKK
24 May 2017
Change (% chg)

kr.0.30 (+0.08%)
Prev Close
kr.397.00
Open
kr.395.90
Day's High
kr.399.30
Day's Low
kr.394.60
Volume
156,592
Avg. Vol
225,439
52-wk High
kr.415.80
52-wk Low
kr.218.00

Latest Key Developments (Source: Significant Developments)

FLSmidth signs cement plant contract in North Africa
Thursday, 18 May 2017 02:25am EDT 

May 18(Reuters) - FLSMIDTH & CO A/S ::SAID ON WEDNESDAY SIGNED A CONTRACT FOR A CEMENT PLANT VALUED AT MORE THAN EUR 100 MILLION .SAID UNTIL ALL CONDITIONS WERE MET AND THE CONTRACT BECAME EFFECTIVE, IT WOULD NOT BE PART OF THE ORDER INTAKE.  Full Article

FLSmidth wins operations contract in Morocco
Monday, 15 May 2017 05:54am EDT 

May 15 (Reuters) - FLSMIDTH ::FLSMIDTH WINS OPERATIONS CONTRACT IN MOROCCO.WON A FIVE-YEAR CONTRACT FROM OCP S.A. TO OPERATE PORT EQUIPMENT FOR HANDLING PHOSPHATE, FERTILIZERS, AND SULPHUR.  Full Article

FLSmidth Q1 EBIT DKK 272 million, above expectations
Tuesday, 9 May 2017 05:59am EDT 

May 9 (Reuters) - FLSMIDTH & CO A/S :GUIDANCE FOR 2017 IS UNCHANGED.Q1 ORDER INTAKE DKK 5.56 BILLION (REUTERS POLL DKK 5.34 BILLION).Q1 EBIT DKK 272 MILLION (REUTERS POLL DKK 179 MILLION).Q1 REVENUE DKK 4.37 BILLION (REUTERS POLL DKK 4.06 BILLION).  Full Article

FLSmidth signs cement grinding plant contract in Rwanda
Thursday, 6 Apr 2017 12:00am EDT 

FLSMIDTH : FLSMIDTH SIGNS CEMENT GRINDING PLANT CONTRACT IN RWANDA . HAS SIGNED A CONTRACT WITH PRIME CEMENT LTD FOR ENGINEERING, PROCUREMENT AND SUPPLY OF EQUIPMENT FOR A FULL-SCOPE CEMENT GRINDING PLANT WITH A CAPACITY OF 700,000 TONNES PER YEAR .CONTRACT WILL BECOME EFFECTIVE WHEN FLSMIDTH RECEIVES A DOWN-PAYMENT FROM CUSTOMER, WHICH IS EXPECTED TO HAPPEN LATER IN 2017..  Full Article

FLSmidth receives cement plant order in Egypt
Tuesday, 7 Mar 2017 05:08am EST 

Flsmidth : Receives cement plant order in Egypt . Customer is El Sewedy Cement Company . Order will be fully executed by Q4 2018 .Order is for a complete range of equipment.  Full Article

Franklin Mutual Advisers cuts stake in FLSmidth shares to 2,529,001
Wednesday, 22 Feb 2017 01:50am EST 

Danish Financial Supervisory Authority:Franklin Mutual Advisers, Llc has reduced its holding of FLSmidth shares to a total of 2,529,001 Full Article

FLSmidth receives first phase of EPC contract for gold mine
Tuesday, 21 Feb 2017 08:37am EST 

Flsmidth & Co A/S : Belo Sun Mining Corp Has awarded FLSmidth first phase of an EPC contract for Volta Grande gold mine processing plant in Brazil's Amazon region . Contract includes completion of basic engineering, selection of construction contractors and execution planning of process facility construction . Says Belo Sun's estimated value of all phases of contract is about $100 million .Says Belo Sun Mining estimates Volta Grande gold project contains more than 4.8 million ounces of measured and indicated gold.  Full Article

Flsmidth receives cement plant order in Colombia
Tuesday, 10 Jan 2017 07:52am EST 

Flsmidth & Co A/S : Has obtained an order from ohl industrial for engineering, procurement and supply of equipment for a complete cement production line with a capacity of 3,150 tonnes per day . Order includes a complete range of equipment from crushing to packing and loadout . Order size more than $60 million .Order will be fully executed by Q1 2018.  Full Article

FLSmidth signs joint venture agreement in China
Monday, 26 Sep 2016 08:00pm EDT 

FLSmidth & Co A/S : Says has entered into joint venture with Northern Heavy Industries Group Co., Ltd (NHI Group), Chinese heavy machinery manufacturer . Says joint venture to be established with own board of directors and management under name NHI-Fuller (Shenyang) Mining Co., Ltd (NHI-Fuller) . Says it is anticipated that NHI-Fuller will be operational in Q1 2017 .CEO says with NHI Group, FLSmidth has found perfect industrial partner for entering mid-market for mining equipment, what has been part of company's strategy since 2014.  Full Article

Flsmidth Q2 EBIT DKK 177 million; misses expectations
Thursday, 11 Aug 2016 06:00am EDT 

Flsmidth & Co A/S : Q2 order intake 4.35 billion Danish crowns ($651.9 million) (Reuters poll 4.49 billion crowns) . Q2 revenue 4.14 billion crowns (Reuters poll 4.60 billion crowns) . Q2 EBIT 177 million crowns (Reuters poll 286 million crowns) . Guidance for 2016 is narrowed to lower end of range . Sees 2016 revenue at 17 billion - 18 billion crowns (previously 17 billion - 20 billion crowns) . Sees 2016 EBITA margin will be 7-8 percent (previously 7-9 percent) . Sees 2016 return on capital employed is expected to be 8-9 percent (previously 8-10 percent) . 2016 effective tax rate is expected to be 29-31 percent (in 2015: 32 percent) .2016 cash flow from investments is expected to be about loss 0.3 billion crowns excluding acquisitions and divestments (previously 0.4 billion crowns).  Full Article

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