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 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]

Core Points - FLSmidth has completed the sale of its Cement business to Pacific Avenue Capital Partners, leading to the resignation of Leif Gundtoft from his position as employee-elected board member [1] - Saleh Mahmoud Ahmed Kamal Abdelhamid Elghamrawy has been appointed as the new employee-elected board member, effective 31 October 2025, and will serve for the remainder of the current term until 2029 [2] - The Board of Directors expresses gratitude to Leif Gundtoft for his contributions since 2021 and welcomes Saleh Kamal, anticipating his valuable experience to aid in the company's development [3] Company Overview - FLSmidth is a technology and service supplier for the global mining industry, focusing on enhancing performance, reducing operating costs, and minimizing environmental impact [4] - 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 [4]