Flsmidth & Co A/S: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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FLSmidth and Co A/S Maintains FY 2012 Financial Guidance
FLSmidth and Co A/S announced that it maintains its full fiscal year 2012 revenue guidance for continuing activities of between DKK 25 billion and DKK 26 billion (in the fiscal year 2011: DKK 20.5 billion exclusive of Cembrit). The fiscal year 2012 EBITA margin guidance is clarified to 10% (in the fiscal year 2011: 11.4%) and the fiscal year 2012 EBIT margin to 8% (in the fiscal year 2011: 10.3%). The effect of purchase price allocations in the fiscal year 2012 is expected to amount to approximately DKK 285 million (in the fiscal year 2011: DKK 178 million). Cash flow from investing activities (exclusive of acquisitions and their subsequent capex needs) is expected to amount to DKK -900 million in the fiscal year 2012 (in the fiscal year 2011: DKK -733 million) due to investments in service supercenters and expansion of manufacturing in India and China. The effective tax rate is expected to be between 30% and 32% in the fiscal year 2012 (in the fiscal year 2011: 31%) and tax payable slightly lower. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2012 revenue of DKK 25.36 billion.
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