FLSmidth & Co. A/S (FLS.CO)
| Previous close | 194.50 |
| Open | 197.20 |
| Bid | 198.05 x 0 |
| Ask | 198.10 x 0 |
| Day's range | 196.20 - 199.00 |
| 52-week range | 160.10 - 282.30 |
| Volume | |
| Avg. volume | 364,502 |
| Market cap | 11.429B |
| Beta (5Y monthly) | 1.49 |
| PE ratio (TTM) | 28.84 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 3.00 (1.54%) |
| Ex-dividend date | 31 Mar 2022 |
| 1y target est | N/A |
- Reuters
FLSmidth expects higher 2022 sales, driven by green transition
Danish mining equipment and cement maker FLSmidth said on Wednesday it expected sales this year to be boosted by higher demand for minerals needed for the green transition. For the cement industry, FLSmidth's other major division, the short-term outlook remains impacted by overcapacity and slow recovery, it said. FLSmidth expects revenue this year between 17.5 billion Danish crowns and 19 billion Danish crowns ($2.67 billion-$2.90 billion) compared to last year's 17.6 billion Danish crowns, which it reported in a preliminary earnings release last month.
- Reuters
FLSmidth's acquisition of Thyssenkrupp mining unit to exclude India ops
The acquisition of Thyssenkrupp's mining activities by Denmark's FLSmidth, a deal announced in July, will not include Thyssenkrupp's operation in India, FLSmidth said on Monday. The value of the deal would be reduced by 45 million euros ($53.42 million) to 280 million euros in total, but the exclusion of the activities in India would not impact expected synergies or integration costs, the company said.
