Better-than-expected Q1 2025, with a
From GlobeNewswire: 2025-05-14 01:30:00
FLSmidth’s Board of Directors approved the Q1 2025 Interim Financial Report, showing a 14% increase in Mining Service revenue. Exclusive negotiations for the potential divestment of the Cement business are underway. Financial guidance for the full year 2025 was upgraded, with continued progress on sustainability targets. US tariff measures may impact market sentiment.
In Q1 2025, Mining order intake decreased by 10%, while Service order intake decreased by 2%. Cement order intake decreased by 18%, with Service order intake down by 14%. FLSmidth’s Group order intake decreased by 12%. Mining revenue increased by 4%, while Cement revenue decreased by 15%. Gross profit and Adjusted EBITA margin improved for both segments.
FLSmidth’s Consolidated Group revenue decreased by 2% in Q1 2025. Mining expects stable demand in Service and soft demand in Products. Cement outlook remains uncertain due to macroeconomic factors. Financial guidance excludes transformation costs. Earnings call scheduled for May 14. Live webcast available.
Consolidated key figures for Q1 2025 show a decrease in order intake but an increase in gross profit for FLSmidth. The company maintains its financial guidance for the full year 2025. Contacts for Investor Relations and Media are provided. FLSmidth aims to achieve zero emissions by 2030 and is committed to sustainability in mining and cement industries.
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