Brief: FLSmidth Reports FY 2023 Revenue DKK 24.1 Billion

FLSmidth & Co. A/S

29/01/2024 17:19

Jan 29 (Reuters) - Flsmidth  FLS.CO :
    * PRELIMINARY AND UNAUDITED RESULTS FOR FY2023 IN LINE WITH
GUIDANCE AND FY2024 FINANCIAL GUIDANCE IS INTRODUCED. ANNUAL
COST SYNERGIES FROM THE MINING TECHNOLOGIES ACQUISITION RAISED
TO AROUND DKK 600M
    * FY23 REVENUE DKK 24.1 BILLION
    * FY23 ORDER INTAKE DKK 21.4 BILLION
    * SEES FY 2024 ADJUSTED. EBITA MARGIN 9.0%-10.0%
    * SEES 2024 REVENUE DKK 20 BILLION- DKK 21.5 BILLION
    * SEES FY 2024 EBITA MARGIN 7.5%- 8.5%
    * FY23 ADJUSTED EBITA MARGIN 8.0%
    * FY 2023 EBITA MARGIN 6%
    * Q4 REVENUE DKK 6 BILLION
    * Q4 ORDER INTAKE DKK 4.6 BILLION
    * RESULTS FOR FULL YEAR 2023 INCLUDE REALISATION OF AROUND
DKK
200M OF TOTAL ANNUAL COST SYNERGIES.

Source text for Eikon:  ID:nGNE1CDxVn 
Further company coverage:  FLS.CO 

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