FLSmidth jumps on Q2 revenue beat, outlook hike

FLSmidth & Co. A/S

19/08/2026 08:18

   ** Shares in FLSmidth & Co FLS.CO rise around 8% after the Danish industrial company reported Q2 revenue above estimates
** FLSmidth's Q2 revenue comes in at DKK 3.944 billion ($612 million), beating the company's consensus of DKK 3.581 billion by 10.1%
** "We view the results positively due to the very strong order momentum in Service and PC&V, along with a better-than-expected margin performance", RBC says
** The company also ups 2026 organic revenue growth of 0% to 4% (prev.: -1% to 4%) and adjusted EBITA margin of 16.0% to 16.5% (prev.: 15.5% to 16.5%)
** The shares are on track for best day since May 2025 
($1 = 6.4461 Danish crowns)

(Reporting by Agnieszka Olenska)
((Agnieszka.Olenska@thomsonreuters.com;))