Brief: FLSmidth To Divest Its Cement Business

FLSmidth & Co. A/S

20/06/2025 11:32

June 20 (Reuters) - FLSmidth & Co A/S FLS.CO:

FLSMIDTH SIGNS AGREEMENT TO DIVEST ITS CEMENT BUSINESS TO BECOME A PURE-PLAY SUPPLIER OF TECHNOLOGY AND SERVICES TO THE MINING INDUSTRY

TOTAL INITIAL CONSIDERATION OF EUR 75 MILLION

DEAL INCLUDES CONDITIONAL DEFERRED CASH CONSIDERATION OF UP TO EUR 75 MILLION

FY GUIDANCE TO BE ADJUSTED TO ONLY REFLECT FINANCIAL OUTLOOK FOR MINING BUSINESS

SEES FY REVENUE OF ABOUT DKK 15.0 BLN, ADJ EBITA MARGIN OF 14.0% TO 14.5%

Source text: ID:nGNE27jRTw

Further company coverage: FLS.CO

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