Core Viewpoint - FLSmidth & Co. A/S has successfully completed a share buy-back programme, repurchasing shares worth up to DKK 1.4 billion, which corresponds to approximately 8 percent of its share capital [1][2]. Group 1: Share Buy-Back Programme - The share buy-back programme initiated on 25 June 2025 allowed FLSmidth to repurchase shares up to a maximum of DKK 1.4 billion and no more than 4,600,000 shares [1]. - As of 27 February 2026, a total of 3,131,870 shares were bought back under the programme, with a total transaction value of DKK 1,399,999,843.75 [2]. - The average transaction prices for shares bought back during the final period were DKK 564.31, DKK 563.97, and DKK 566.25 for the respective days [2]. Group 2: Treasury Shares - Following the completion of the share buy-back programme, FLSmidth holds a total of 3,442,211 shares as treasury shares, which represents 5.97 percent of the company's total share capital [3].

PRESS RELEASE FLSmidth & Co. A/S 23 February 2026 Copenhagen, Denmark FLSmidth & Co. A/S (FLSmidth) today announces that Qasim Abrahams has been appointed President, Products Business Line, effective immediately, succeeding Julian Soles, who will leave the company. In addition, Alanas Kraujalis is appointed interim President, Service Business Line.This announcement follows the recent appointment of Toni Laaksonen as CEO of FLSmidth. Under Toni’s leadership the company is set to leverage its strengthened fou ...

Core Viewpoint - FLSmidth & Co. A/S is undergoing a significant transformation in its Board composition and strategic direction, focusing on growth in the mining industry following a successful operational restructuring [1][2][5]. Group 1: Board Changes - The company announced proposed changes to the Board composition ahead of the Annual General Meeting on 24 March 2026, including the Chair position [1]. - Chair Mads Nipper, Vice Chair Christian Bruch, and Board member Thrasyvoulos Moraitis will not seek re-election, reflecting the company's smaller and more focused structure [3]. - Lene Skole is proposed as the new Chair, bringing significant financial and strategic experience, while other members, including Rune Wichmann as proposed Vice Chair, will seek re-election [4]. Group 2: Strategic Transformation - FLSmidth has divested its Cement business and is now a pure-play supplier of technologies and services to the global mining industry, resulting in a more profitable company [1]. - The appointment of Toni Laaksonen as CEO aims to accelerate growth and further develop customer offerings, with plans for the next strategic phase to be revealed later this year [2]. - The company emphasizes its commitment to sustainability, aiming for zero emissions in mining by 2030 under its MissionZero initiative [7].

Core 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]

Core Viewpoint - FLSmidth & Co. A/S plans to initiate a new share buy-back programme of up to DKK 1.0 billion following the release of its Q1 2026 financial results, supported by a solid balance sheet and expected cash proceeds from the sale of its former corporate headquarters totaling DKK 730 million [1][2]. Group 1: Share Buy-Back Programme Details - The share buy-back programme aims to adjust FLSmidth's capital structure, with repurchased shares intended for cancellation at a General Meeting after the programme's completion [3]. - The programme is subject to approval at the Annual General Meeting on 24 March 2026, which includes renewing the Board of Directors' authorization to acquire own shares [4]. - The execution of the share buy-back will comply with EU regulations on market abuse and safe harbour provisions [5]. Group 2: Financial Timeline and Impact - The share buy-back programme is expected to commence after the Q1 2026 Interim Financial Report, anticipated on 13 May 2026, and is expected to be completed before the Annual General Meeting in 2027 [6]. - The new share buy-back initiative does not affect the ongoing programme, which is expected to conclude before the next Annual General Meeting on 24 March 2026 [7].

Core Viewpoint - FLSmidth & Co. A/S announces preliminary and unaudited financial results for the full year 2025, exceeding previous expectations, and introduces financial guidance for 2026 focusing on organic revenue growth and Adjusted EBITA margin [1][5]. Financial Results for FY 2025 - Preliminary financial figures for FY 2025 show consolidated revenue of DKK 14.6 billion, with an Adjusted EBITA margin of 15.9%, surpassing the previous guidance of 15.0% to 15.5% [5]. - Order intake for FY 2025 reached DKK 15.0 billion, with organic revenue growth at -1% [2]. - The company recognized an impairment of deferred tax assets in Denmark amounting to approximately DKK 600 million in Q4 2025 [2]. Financial Guidance for FY 2026 - FLSmidth expects organic revenue growth to range from -1% to 4% for FY 2026, with an Adjusted EBITA margin projected between 15.5% and 16.5% [7][6]. - The guidance reflects expectations of stable market conditions and customer investment levels in the mining industry, with no significant regulatory changes anticipated [8]. Business Segment Performance - The Service business is expected to achieve organic revenue growth of 2% to 5%, driven by demand for productivity-enhancing solutions [10]. - The Products business anticipates a decline in organic revenue growth of -15% to -5% due to a reduced order backlog and low investment activity [10]. - The Pumps, Cyclones & Valves (PC&V) segment is projected to grow organically by 4% to 7%, supported by robust market conditions [10]. Upcoming Reports - The full annual report for 2025 is scheduled for publication on 18 February 2026 [9].

Core Viewpoint - FLSmidth & Co. A/S has appointed Toni Laaksonen as the new CEO, effective immediately, succeeding Mikko Keto, who left to pursue other opportunities [1][6]. Group 1: Leadership Transition - Toni Laaksonen's appointment follows a thorough recruitment process and comes after several years of restructuring at FLSmidth, positioning the company for its next phase of strategic and operational development [2]. - Mikko Keto has stepped down from his role and the Board of Directors expressed gratitude for his contributions to the company [6]. Group 2: New CEO's Background and Vision - Toni Laaksonen brings over 15 years of international leadership experience in the global mining technology and services industry, ensuring continuity in strategy while focusing on organizational culture and operational performance [3][7]. - Laaksonen has a strong track record in driving profitable growth and operational excellence, having previously served as President and CEO at Glaston Corporation [7]. - He aims to enhance commercial execution and customer experience, positioning FLSmidth to capitalize on future opportunities [5]. Group 3: Company Strategy and Goals - FLSmidth is focused on accelerating growth, improving customer experience, maintaining cost discipline, and strengthening organizational culture as it enters a new growth cycle in the mining industry [2][4]. - The company has a sustainability ambition, MissionZero, aiming for zero emissions in mining by 2030 and plans to become carbon neutral in its operations by the same year [9].

Core Viewpoint - FLSmidth has successfully completed the sale of its Air Pollution Control (APC) business to Rubicon Partners, with a small net gain expected from the divestment, which will be recorded under discontinued operations in Q4 2025 [1]. Group 1: Transaction Details - The sale was officially closed on 30 December 2025, following the announcement made on 30 June 2025 [1]. - The financial guidance for the full year 2025 remains unchanged despite the closing of the transaction [2]. Group 2: Company Overview - FLSmidth is a comprehensive technology and service provider for the global mining industry, focusing on enhancing performance, reducing operating costs, and minimizing environmental impact [3]. - The company has set a sustainability goal, MissionZero, aiming for zero emissions in mining by 2030, and is committed to becoming carbon neutral in its operations by the same year [3].

Group 1 - FLS has received an order valued at approximately DKK 405 million to supply key comminution technologies for a greenfield copper concentrator in South America, with equipment delivery expected in 2027 [1][2] - The order includes a 1600 x 2400 TSU gyratory crusher, two Rapture 900 cone crushers, two dual pinion SAG mills, two dual pinion ball mills, and two clusters of gMAX cyclones [1] - This order reinforces FLS's market-leading position in comminution technologies and highlights its proven track record in the South American mining market [2] Group 2 - FLSmidth aims to improve performance, lower operating costs, and reduce environmental impact in the global mining industry [3] - The company has a sustainability ambition called MissionZero, targeting zero emissions in mining by 2030, and aims to become carbon neutral in its own operations by 2030 [3]

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]