FLSmidth shares annual report for 2019
The company has shared that its revenue has increased by 10%, and EBITA has increased by 5%.
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The company has shared that its revenue has increased by 10%, and EBITA has increased by 5%.
The two companies are to work together in hopes of finding new solutions to improve the sustainability of Vietnam’s cement sector.
The company has decided to reduce its number of employees by 500; this includes 80 members of staff from its headquarters in Copenhagen, Denmark, and 420 staff from offices elsewhere.
Mikko Keto will join FLSmidth as Mining Industry President and member of Group Executive Management.
Roland M. Andersen has been appointed Chief Financial Officer and member of Group Executive Management at FLSmidth.
The company is launching mobile and web apps that bring performance data out of the control room and direct to laptops and smartphones.
FLSmidth & Co. A/S is hosting its Capital Markets Day under the theme ’Driving sustainable productivity' at its headquarters in Valby, Denmark.
The World Cement Association has announced that FLSmidth China, a wholly owned subsidiary of FLSmidth A/S, has joined the international association as an Associate Member.
The announcement comes as part of the company’s 3Q19 results.
The agreement will enable the parties to engage on the supply of fixed equipment.
Adjustment of guidance on EBITA margin to around 8%, ROCE to 10 - 12%, and revenue guidance narrowed to DKK 20 - 21 billion.
Per Mejnert Kristensen, Region President for Asia at FLSmidth, spoke about sustainability and the role of the cement industry at the second annual GCCA Conference in Singapore.