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FLS — FLSmidth & Co. A/S News Story

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FLSmidth up after ABG upgrade

** Shares of FLSmidth FLS.CO rise 3% after ABG Sundal Collier upgraded the Danish engineering group to "buy" from "hold" pointing to upcoming stronger financials and margin expansion

** ABG analyst Mikkel Løgsted anticipates around 10% organic order growth in FY 2026, supported by a 32% year-on-year increase in metal prices

** The analyst notes the stock still trades at a slightly higher than historical discount to peers

** Løgsted adds that the upcoming departure of CEO Mikko Keto marks the end of the company's successful restructuring

** "With a cleaner business mix, stronger financials and margin expansion ahead, combined with a 17% EPS CAGR(2025-2027), we upgrade our recommendation to buy," says Løgsted​

 (Reporting by Agnieszka Gosciak-Rabalska)

 ((Agnieszka.Gosciak@thomsonreuters.com))

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