From GlobeNewswire:

FLSmidth & Co. Group had a successful 2023, with a 3% increase in mining service order intake and 10.8% adjusted mining EBITA margin. The company plans to explore divestment options for the cement business after a 26% decline in cement order intake. The NCA segment saw a decrease in order backlog, reflecting progress in their exit from non-core activities. Financially, mining revenue increased by 18% organically and cement revenue decreased by 3%. The company continues to simplify and right-size their business, with an ongoing exit from non-core activities continuing at an accelerated pace.



Read more: Strong transformation progress leading to improved