FLSmidth & Co AS - Company Profile
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FLSmidth & Co AS (FLSmidth) is a provider of engineering services, equipment and service solutions for the mining and cement industries. It offers machine units, support and maintenance services to mining processing and cement production plants. In addition to the cement and mining industries, the company also provides services to other industries, including aggregates, chemical, food and pharmaceuticals, oil and gas refining, pulp and paper, power utilities, port and terminals, steel, waste to energy and water treatment. FLSmidth provides productivity-enhancing services for key commodities which include gold, coal, copper, iron ore and cement. The company offers equipment related to calcination and roasting, conveying, crushing and sizing, feeding and dosing, filtration, floatation and attrition, pellet pressing, pulverizing, pneumatic conveying, electrostatic precipitation, emission control, and material handling. FLSmidth provides the solutions to fulfill a wide range of client requirements, from single equipment to complete plants and also from full operation and maintenance services to spare parts. The company has operations across Europe, North America, South America, Africa, Russia, Australia and Asia. FLSmidth is headquartered in Valby, Denmark.
Headquarters
Denmark
Address
Vigerslev Alle 77, Valby, 2500
Website
www.flsmidth.com
Telephone
45 36 181000
No of Employees
9,377
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
FLS (CPH)
Revenue (2022)
$3.5B
10.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
34.3%
(2022 vs 2021)
Market Cap*
$2.9B
Net Profit Margin (2022)
XYZ
21.9%
(2022 vs 2021)
* As of and is in US$
FLSmidth & Co AS premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Crushing | Plant Services |
| Grinding | Plant Modification |
| Calcining | On-site Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company secured a multiple-year contract from a Chilean iron ore miner to provide service to its five HPGRs across three of its mines in Chile. |
| 2024 | Acquisitions/Mergers/Takeovers | In March, the company acquired a 100% stake in Farnell-Thompson Applied Technologies. |
| 2024 | Contracts/Agreements | In February, the company received an order, worth DKK300 million, to provide comminution technologies for upgrading a copper concentrator at a mine site in the Asia Pacific region. |
Competitor Comparison
| Key Parameters | FLSmidth & Co AS | Sandvik AB | Andritz AG | Metso Corp | Epiroc AB |
|---|---|---|---|---|---|
| Headquarters | Denmark | Sweden | Austria | Finland | Sweden |
| City | Valby | Stockholm | Graz | Helsinki | Nacka |
| State/Province | - | - | Burgenland | - | - |
| No. of Employees | 9,377 | 40,877 | 29,717 | 17,134 | 18,211 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Tom Knutzen | Chairman | Executive Board | 2022 | 60 |
| Mads Nipper | Vice Chairman | Executive Board | 2022 | 57 |
| Mikko Juhani Keto | Chief Executive Officer | Senior Management | 2022 | 55 |
| Roland M. Andersen | Chief Financial Officer | Senior Management | 2020 | 54 |
| Annette Terndrup | Chief Legal Officer; Chief Strategy Officer | Senior Management | 2019 | 53 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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