Core Points - FLSmidth & Co. A/S holds a total of 2,895,790 treasury shares, which represents approximately 5.02% of the Company's total share capital and voting rights, exceeding the 5% threshold [1] Company Overview - FLSmidth is a full flowsheet technology and service supplier to the global mining industry, focusing on improving performance, lowering operating costs, and reducing environmental impact [2] - The company's sustainability ambition, MissionZero, aims for zero emissions in mining by 2030, with a commitment to improving sustainability performance and becoming carbon neutral in its own operations by 2030 [2]

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE:FLS) ("Flowserve†or the "Company†), a leading provider of flow control products and services for the global infrastructure markets, announced today that it has acquired U.K.-based Greenray Turbine Solutions, Ltd. ("Greenray†), a comprehensive provider of aftermarket products and services for industrial gas turbines. Through this acquisition, Flowserve gains access to deep product expertise and durable revenue for a large installed base of mission-crit ...

Core Insights - Azumah Resources Gh Limited has selected FLS as its strategic technology partner for the Black Volta gold project in Ghana, with an order valued at approximately DKK 235 million for long-lead equipment and technical support services [1][4]. Equipment and Services - The order includes a range of equipment such as gyratory crushers, a raptor cone crusher, SAG and ball mills, a pre-leach thickener, screens, apron feeders, and KREBS cyclones and pumps, along with equipment for absorption, desorption, refining, and detoxification [2]. - FLS will provide technical support during the detailed engineering phase, site support for installation, start-up, commissioning, and training, as well as spare parts and a performance guarantee for the process equipment [3]. Strategic Importance - The partnership is significant as it marks the development of the first fully Ghanaian-owned gold mine, highlighting FLS's capability in providing industry-leading gold processing solutions and lifecycle support [4].

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS) ("Flowserve†or the "Company†), a leading provider of flow control products and services for the global infrastructure markets, announced today the completion of the divestiture of BW/IP - New Mexico, Inc. ("BW/IP†), a wholly owned subsidiary of the Company that holds asbestos liabilities and related insurance assets, to an affiliate of Acorn Investment Partners ("Acorn†), a portfolio company of funds managed by Oaktree Capital Management L.P. ...

Core Viewpoint - Flowserve (FLS) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [3][5]. - Institutional investors often adjust their valuations based on earnings estimates, leading to significant stock price movements when estimates are revised [3]. Company Performance and Outlook - The upgrade for Flowserve suggests an improvement in the company's underlying business, which should encourage investors to drive the stock price higher [4]. - For the fiscal year ending December 2025, Flowserve is expected to earn $3.47 per share, with a 2.9% increase in the Zacks Consensus Estimate over the past three months [7]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [6]. - Flowserve's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [9].

Core Insights - Flowserve Corporation has been awarded the 2025 Vaaler Award in the Fluid Flow category for its innovative magnetic-drive pump, the INNOMAG TB-MAG Dual Drive [1] Company Highlights - The award was given by an independent panel of experienced engineers from leading operating and engineering companies, highlighting the product's significance in the industry [1] - The recognition reflects the effectiveness of the Flowserve Business System in driving innovation and excellence within the company [1]

Group 1 - The article does not provide any specific content related to a company or industry [1]

Summary of Flowserve Conference Call Company Overview - **Company**: Flowserve - **CFO**: Amy Schwetz - **Focus**: Flowserve specializes in manufacturing pumps, valves, seals, and related services, with a strong emphasis on aftermarket services. Key Industry Insights - **Demand Environment**: Positive outlook for 2026, particularly in the power sector, with expected double-digit growth driven by nuclear portfolio and aftermarket services [5][6][7] - **Power Sector**: Anticipated growth anchored by nuclear opportunities, including new builds and life extensions, with a current run rate of bookings around $400 million [5][6] - **General Industries**: Growth expected in pharmaceuticals, water (especially in the Middle East), and mining sectors [6][7] - **Aftermarket Strength**: Strong aftermarket performance expected to continue into 2026, with a focus on enhancing commercial and operational capabilities [7][12] - **Chemical Sector**: Stabilization observed, particularly in North America, with cautious optimism for improvement in 2026 [7][9] Financial Performance - **Earnings Growth**: Company reported a 30% earnings growth this year, with stock performance reflecting positive market reaction [16][17] - **Bookings**: Q3 bookings in the power sector increased over 20%, indicating strong demand [19] - **Revenue Potential**: A $10 billion opportunity in the nuclear sector over the next decade, with significant potential from new builds and life extensions [21][22] Strategic Initiatives - **Aftermarket Business Reorganization**: A global approach to aftermarket services has improved customer service and operational efficiency [12][14] - **Commercial Excellence**: Focus on cross-selling and utilizing data to identify opportunities within the aftermarket [15] - **Nuclear Opportunities**: Dedicated resources and strategic partnerships being developed to capitalize on nuclear market growth, including small modular reactors (SMRs) [24][28] Margin Expansion and Capital Allocation - **Margin Expansion**: Confidence in expanding margins through operational improvements and strategic initiatives [36][46] - **Free Cash Flow**: Strong free cash flow performance with opportunities for further enhancement through working capital improvements [53] - **M&A Strategy**: Disciplined approach to M&A, focusing on opportunities that align with strategic goals and enhance market exposure [44][54] Conclusion - **Optimistic Outlook**: Flowserve is well-positioned for future growth, leveraging strengths in product portfolio and operational improvements to enhance customer service and market share [57]

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with Flowserve (FLS) being highlighted as a strong candidate due to its favorable growth metrics and Zacks Rank [1][2]. Earnings Growth - Flowserve has a historical EPS growth rate of 19.6%, with projected EPS growth of 32% for the current year, significantly outperforming the industry average of 8.2% [5]. Asset Utilization Ratio - Flowserve's asset utilization ratio stands at 0.83, indicating that the company generates $0.83 in sales for every dollar in assets, which is slightly above the industry average of 0.82, showcasing its efficiency [6]. Sales Growth - The company's sales are expected to grow by 4.6% this year, contrasting with the industry average of 0%, indicating a strong sales growth outlook [7]. Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Flowserve, with the Zacks Consensus Estimate for the current year increasing by 3% over the past month, suggesting favorable near-term stock price movements [9]. Overall Assessment - Flowserve has achieved a Growth Score of A and a Zacks Rank of 2, indicating its potential as an outperformer and a solid choice for growth investors [11].

Core Insights - FLSmidth's CEO Mikko Keto has announced his decision to step down to take an executive role at a non-competing company, with his departure expected in H1 2026 [1][2] - The Board of Directors has a succession plan in place and will begin the search for a new CEO immediately [2] - During his tenure, Mikko Keto has led a significant transformation of FLSmidth, improving its strategic, operational, and financial profile [3] Company Performance - Under Mikko Keto's leadership, FLSmidth has undergone a multi-year transformation, including portfolio rationalization and cost-discipline initiatives, resulting in improved commercial and financial performance [3] - The company is now positioned for the next phase of its strategic journey, focusing on driving profitable growth as the mining industry is expected to enter a new growth cycle [4] Leadership Transition - The Board of Directors expressed gratitude for Mikko Keto's contributions, noting his role in simplifying the business and strengthening operational execution [4] - The previously scheduled Capital Markets Day on March 11, 2026, has been postponed to ensure the involvement of the new CEO [4] Financial Guidance - The announcement regarding the CEO's departure does not alter FLSmidth's previously communicated financial guidance for the full year 2025 [5]