FLSmidth shares Q3 interim results
The company has reported a continued impact from the pandemic, sequential improvement in order intake, and strong cash flow.
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The company has reported a continued impact from the pandemic, sequential improvement in order intake, and strong cash flow.
Following the release of data from the French National Institute of Statistics and Economic Studies (INSEE) showing a strong quarter-on-quarter rebound in construction output in the third quarter of 2020, Moustafa Ali, Economist at GlobalData, a leading data and analytics company, offers his view.
The company has revealed that it is confident about the future, based on the resilience of its strategy, the agility of its decentralised business model, and its action plan, ‘HEALTH, COST & CASH’.
The company has announced strong results in Q3 2020 with all regions showing increasing profitability.
Carbon Clean, a leader in low-cost carbon dioxide capture and separation technology, has announced that it has signed an agreement in Spain with LafargeHolcim, ECCO2 and Sistemas de Calor to develop a large-scale carbon capture and utilisation plant.
To date, AUMUND Fördertechnik GmbH has supplied more than 20 machines to the Cementownia Warta plant. A further Arched Plate Conveyor type BPB-SF in heavy-duty design has since been ordered.
The company has extended its exclusivity deal with NBG. The deal will give NBG’s Merchants exclusive access in the GB market to the company’s Master Grade Cement until the end of 2024, extending the current partnership by three years.
The company has launched its EcoLabel to communicate the environmental benefits of its green building solutions.
The group moved into its new premises at the beginning of September. The move to the new building has been accompanied by a new VDZ brand identity which can be seen for example on the company’s website or various print media.
The latest edition of the Economic & Construction Market Review from industry analysts Barbour ABI, highlights levels of construction contract values awarded across Great Britain. Raw monthly data has seen significant uplift in September to £6.0 billion which is an increase of 52.5% on the £3.9 billion in August.
The company has announced the appointment of John Reddy as Group Quality and Innovation Application Manager.
The company has announced that it will expand its partnership with prefabricator, Soriba, a company from the Vendée region of western France and leading player in the design of precast concrete products.