FLSmidth up after Q4 beat on all lines

FLSmidth & Co. A/S

20/02/2025 08:25

** FLSmidth  FLS.CO  rises 4.6% after the Danish mining and
cement technology supplier delivered a beat on all lines
    ** The group reported an adjusted EBITA of DKK 645 million
($90.21 million) for Q4
    ** Adjusted EBITA beat consensus cited by J.P.Morgan by 10%,
orders by 10%, and sales by 2% 
    ** Jefferies says the update was "solid" with beats across
all three divisions
    ** The Danish company also provided guidance for 2025,
saying it expected revenues of around DKK 15.0 billion and an
adjusted EBITA margin between 12.5%-13%
    ** Jefferies says the guidance was in line at a group level,
but adds "last year FLSmidth upgraded through the year, so we
hope that there is an element of conservatism in this guidance" 
    ** The share is on track for its best day in a year 
    

($1 = 7.1498 Danish crowns)

 (Reporting by Agata Rybska)
 ((gdansk.newsroom@thomsonreuters.com;))