Latest news with #Holkjær
Yahoo
14-05-2025
- Business
- Yahoo
FLSmidth raises its full-year 2025 financial guidance
COMPANY ANNOUNCEMENT NO. 7-2025 FLSmidth & Co. A/S 14 May 2025 Copenhagen, DenmarkOn the back of a strong financial performance in the Mining business in the first quarter of 2025, FLSmidth raises its financial guidance for the full year 2025. The Adjusted EBITA margin in the Mining business is now expected to be in the range of 14.0% to 14.5% (previously 13.5% to 14.0%). Consequently, the Adjusted EBITA margin for the Group is now expected to be in the range of 13.0% to 13.5% (previously 12.5% to 13.0%). Further, the EBITA margin for the Group is now expected to be in the range of 11.5% to 12.0% (previously 11.0% to 11.5%).Financial guidance for the full year 2025 The financial guidance for the full year 2025 reflects the ongoing business simplification and transformation efforts, continued improvement in the core Mining business and the effects from the strategic initiatives implemented in the Cement business. Mining Cement Consolidated Group Revenue (DKKbn)~15.0(unchanged) Revenue (DKKbn)~4.0(unchanged) Revenue (DKKbn)~19.0(unchanged) Adj. EBITA margin14.0-14.5%(13.5-14.0%) Adj. EBITA margin9.0-9.5%(unchanged) Adj. EBITA margin13.0-13.5%(12.5-13.0%) EBITA margin11.5-12.0%(11.0-11.5%) Note: Numbers in brackets represent the previous financial guidance for the full year 2025 (ref. Company Announcement no. 1-2025).Mining Compared to 2024, we expect market demand in the Mining Service business to remain stable and active, whereas market demand in the Mining Products business is expected to remain soft. The guidance for the Adjusted EBITA margin excludes transformation and separation costs of around DKK 200m for the full year 2025. Further, the Adjusted EBITA margin is expected to be positively impacted by additional business simplification initiatives, organisational restructuring and enhanced commercial We expect the short-term outlook for the cement industry to remain impacted by macroeconomic uncertainty. The guidance for revenue reflects the divestment of the MAAG business completed in 2024. The guidance for the Adjusted EBITA margin excludes transformation and separation costs of around DKK 50m for the full year The Consolidated Group guidance reflects the sum of the guidance for the two business segments. The guidance for 2025 is subject to uncertainty from macroeconomic and geopolitical turmoil. Contacts:Investor RelationsAndreas Holkjær, +45 24 85 03 84, andh@ Denholt, +45 21 69 66 57, jli@ MediaJannick Denholt, +45 21 69 66 57, jli@ FLSmidth FLSmidth is a full flowsheet technology and service supplier to the global mining and cement industries. We enable our customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is our sustainability ambition towards zero emissions in mining and cement by 2030. We work within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining and cement industries and aim to become carbon neutral in our own operations by 2030. Attachment FLSmidth Company Announcement no. 7-2025Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
FLS to deliver full flotation technology package to one of the world's largest and most efficient iron ore beneficiation plants
PRESS RELEASE FLSmidth & Co. A/S13 May 2025, Copenhagen, DenmarkA progressive Indian miner and steelmaker has selected FLS to supply a full flotation technology package for what is set to become one of the world's largest, most efficient and sustainable iron ore beneficiation plants globally. The plant will be fed with domestic, low grade iron ore where the FLS flotation system will upgrade it to a final product that will be amongst the purest and highest-grade iron ore available anywhere in the world. FLS conducted extensive laboratory and on-site pilot testing to design a beneficiation flowsheet that assures the highest metallurgical performance and availability, while allowing for operational flexibility. Several novel and conventional flotation technologies were evaluated leading to the selection of FLS nextSTEP™ flotation cells. This circuit will be equipped with mechanical and process condition monitoring with advanced process control and the full system includes KREBS millMAX pumps for froth and slurry transport. This is the third consecutive order that FLS has received from the customer within the last six months, as the iron ore fed to the flotation plant will come from 18 of the world's largest vertical tower mills, which the customer ordered from FLS in Q1 2025. These will operate directly downstream from two of the world's largest high-pressure grinding rolls (HPGRs), which the customer ordered from FLS in Q4 2024 alongside 30 KREBS UMD pumps and 18 KREBS gMAX hydrocyclones to complete the secondary and tertiary grinding circuits' process requirements. All the FLS technologies are expected to be installed and commissioned during 2026/2027. 'We are very proud and excited that the customer has selected our efficient flotation technologies to accompany our HPGRs and tower mills to form the core of what will be one of the largest, most efficient and highest-grade iron ore beneficiation plants globally. This order is clear testament to the importance of strong customer relations and a strong vote of confidence in our market leading technologies, as the combination of these FLS technologies will provide the customer with significant reductions in energy, water and grinding media consumption, whilst supporting optimal profitability', said Mikko Keto, CEO at FLS. The order was booked in Q2 2025. The value of the order has not been disclosed. Learn more about FLS flotation systems at Contacts: MediaJannick Denholt, +45 21 69 66 57, jli@ Investor RelationsAndreas Holkjær, +45 24 85 03 84, andh@ Denholt, +45 21 69 66 57, jli@ FLSmidth FLSmidth is a full flowsheet technology and service supplier to the global mining and cement industries. We enable our customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is our sustainability ambition towards zero emissions in mining and cement by 2030. We work within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining and cement industries and aim to become carbon neutral in our own operations by 2030. Attachment FLSmidth Press Release flotation order India - May 2025
Yahoo
13-05-2025
- Business
- Yahoo
FLS to deliver full flotation technology package to one of the world's largest and most efficient iron ore beneficiation plants
PRESS RELEASE FLSmidth & Co. A/S13 May 2025, Copenhagen, DenmarkA progressive Indian miner and steelmaker has selected FLS to supply a full flotation technology package for what is set to become one of the world's largest, most efficient and sustainable iron ore beneficiation plants globally. The plant will be fed with domestic, low grade iron ore where the FLS flotation system will upgrade it to a final product that will be amongst the purest and highest-grade iron ore available anywhere in the world. FLS conducted extensive laboratory and on-site pilot testing to design a beneficiation flowsheet that assures the highest metallurgical performance and availability, while allowing for operational flexibility. Several novel and conventional flotation technologies were evaluated leading to the selection of FLS nextSTEP™ flotation cells. This circuit will be equipped with mechanical and process condition monitoring with advanced process control and the full system includes KREBS millMAX pumps for froth and slurry transport. This is the third consecutive order that FLS has received from the customer within the last six months, as the iron ore fed to the flotation plant will come from 18 of the world's largest vertical tower mills, which the customer ordered from FLS in Q1 2025. These will operate directly downstream from two of the world's largest high-pressure grinding rolls (HPGRs), which the customer ordered from FLS in Q4 2024 alongside 30 KREBS UMD pumps and 18 KREBS gMAX hydrocyclones to complete the secondary and tertiary grinding circuits' process requirements. All the FLS technologies are expected to be installed and commissioned during 2026/2027. 'We are very proud and excited that the customer has selected our efficient flotation technologies to accompany our HPGRs and tower mills to form the core of what will be one of the largest, most efficient and highest-grade iron ore beneficiation plants globally. This order is clear testament to the importance of strong customer relations and a strong vote of confidence in our market leading technologies, as the combination of these FLS technologies will provide the customer with significant reductions in energy, water and grinding media consumption, whilst supporting optimal profitability', said Mikko Keto, CEO at FLS. The order was booked in Q2 2025. The value of the order has not been disclosed. Learn more about FLS flotation systems at Contacts: MediaJannick Denholt, +45 21 69 66 57, jli@ Investor RelationsAndreas Holkjær, +45 24 85 03 84, andh@ Denholt, +45 21 69 66 57, jli@ FLSmidth FLSmidth is a full flowsheet technology and service supplier to the global mining and cement industries. We enable our customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is our sustainability ambition towards zero emissions in mining and cement by 2030. We work within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining and cement industries and aim to become carbon neutral in our own operations by 2030. Attachment FLSmidth Press Release flotation order India - May 2025Sign in to access your portfolio
Yahoo
10-04-2025
- Business
- Yahoo
FLS advances sustainability through innovation with its new mill liner recycling service offering
PRESS RELEASE FLSmidth & Co. A/S10 April 2025, Copenhagen, DenmarkLeading mining technology and service supplier FLS introduces its new mill liner recycling services offering, underscoring its commitment to sustainability and to supporting customers with productivity-enhancing mill liner solutions. The comprehensive recycling solution for composite and rubber grinding mill liners has just been launched in Chile to service customers across South America with plans for global expansion at a later stage. In line with FLS's MissionZero sustainability programme, this launch also supports customers' productivity and sustainability ambitions. Through this new offering, FLS can both provide customers with the required CO2 emissions documentation for environmental, social and governance (ESG) reporting as well as improve utilisation of space on mine sites by eliminating used liner storage. 'At FLS, we are committed to integrating sustainability practices throughout the lifecycle of our customers' mill liners, and we take full operational and environmental responsibility for the end-of-life phase of our rubber and composite mill liners,' said Alanas Kraujalis, Head of Consumables at FLS. 'Recycling composite liners rather than sending them to landfill results in carbon emissions savings of up to 61% compared to producing the mill liners from virgin materials.' A key component powering its mill liner recycling services, FLS has developed a state-of-the-art recycling machine that is highly portable, scalable and modular for ease of use. With numerous safety and efficiency features, the machine can handle various liner types, shapes and sizes based on customer needs in the region. Visit to learn more about FLS mill liner recycling MediaJannick Denholt, +45 21 69 66 57, jli@ Investor RelationsAndreas Holkjær, +45 24 85 03 84, andh@ Denholt, +45 21 69 66 57, jli@ FLSmidth FLSmidth is a full flowsheet technology and service supplier to the global mining and cement industries. We enable our customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is our sustainability ambition towards zero emissions in mining and cement by 2030. We work within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining and cement industries and aim to become carbon neutral in our own operations by 2030. Attachment FLS Press Release Mill Liner Recycling - April 2025Sign in to access your portfolio
Yahoo
03-04-2025
- Business
- Yahoo
Extraordinary Restricted Share Unit programme to retain key employees
COMPANY ANNOUNCEMENT NO. 6-2025 3 April 2025, Copenhagen, DenmarkThe Board of Directors of FLSmidth & Co. A/S have today allocated restricted share units (RSUs) to members of the Executive Management and key staff (25 persons in total) to retain strategic resources to execute on the transformation of FLSmidth and position the company for the next leg of its strategic journey. The maximum number of restricted shares allocated is 44,021, of which 18,866 pertain to members of the Executive Management. The vesting period is three years, and vesting is subject to the participants being actively employed at the vesting date. The cost of the programme is DKK 16.5 million assuming full vesting, based on the average closing share price during the period from 21 February 2025 to 27 February 2025, constituting the first five trading days following the release of the 2024 Annual Investors RelationsAndreas Holkjær, +45 24 85 03 84, andh@ Denholt, +45 21 69 66 57, jli@ MediaJannick Denholt, +45 21 69 66 57, jli@ FLSmidth FLSmidth is a full flowsheet technology and service supplier to the global mining and cement industries. We enable our customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is our sustainability ambition towards zero emissions in mining and cement by 2030. We work within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining and cement industries and aim to become carbon neutral in our own operations by 2030. Attachment FLSmidth Company Announcement no. 6-2025Sign in to access your portfolio
