Flowserve(US:FLS) Globenewswire·2026-02-18 06:33Core Insights - FLSmidth has transitioned to a focused, pure-play mining technology and services company, marking a significant milestone in its development [3] - The company reported total revenue of DKK 14,612 million in 2025, with an Adjusted EBITA margin of 15.9% [1][4] Financial Performance - The Adjusted EBITA margin improved to 15.9% in 2025 from 11.3% in 2024 [5] - Net profit for 2025 was DKK 8 million, a decline from DKK 1,030 million in 2024, primarily due to impairment of deferred tax assets and losses from discontinued activities [5] - Cash flow from operating activities increased to DKK 996 million in 2025 from DKK 640 million in 2024 [5] - Free cash flow adjusted for business acquisitions and disposals rose to DKK 640 million in 2025 compared to DKK 7 million in 2024 [5] Revenue Guidance - For 2026, FLSmidth expects organic revenue growth in the range of -1% to 4% [4][7] - The company anticipates that reported revenue growth will be approximately one percentage point lower than organic revenue growth due to current exchange rates [5] - Order intake is expected to increase organically by 3% compared to 2024, driven by the Service and Pumps, Cyclones & Valves (PC&V) businesses [5] Business Segments - The Service business is projected to achieve organic revenue growth of 2% to 5%, supported by demand for productivity-enhancing solutions [13] - The Products business is expected to see organic revenue decline of -15% to -5% due to a reduced order backlog [13] - The PC&V business is forecasted to grow organically by 4% to 7%, benefiting from robust market conditions [13] Future Outlook - FLSmidth aims to enhance its market position and customer offerings while strengthening its Products business as market activity improves [3] - The company expects an Adjusted EBITA margin in the range of 15.5% to 16.5% for 2026, benefiting from stable earnings margins in the Service and PC&V businesses [6][7]