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FLSmidth says gets Egyptian maintenance order
July 30, 2012 / 7:21 AM / 5 years ago

FLSmidth says gets Egyptian maintenance order

COPENHAGEN, July 30 (Reuters) - Danish engineering group FLSmidth & Co A/S said on Monday it had received an order from the Egyptian National Cement Company for operation and maintenance of two production lines in Cairo.

FLSmidth, a supplier of engineering services and equipment to the cement and minerals industries, said the parties had agreed not to disclose the value of the seven-year contract.

“We are now for the first time also taking over the operation and maintenance of a plant, which was built by a competitor,” Chief Executive Jorgen Rasmussen said in the statement.

The order would contribute beneficially to FLSmidth’s earnings until 2019, it said.

Reporting by Mette Fraende; Editing by Erica Billingham

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