Core Viewpoint - FLSmidth has successfully completed the share purchase agreement for the disposal of its subsidiary, Matr. No. 2055 A/S, to Nrep and AG Gruppen, which includes land and buildings in Valby, Denmark [1]. Financial Implications - The transaction is expected to yield net cash proceeds of approximately DKK 730 million and an accounting gain of approximately DKK 690 million, both of which will be recognized in the first quarter of 2026 [2]. 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. The company aims for zero emissions in mining by 2030 under its MissionZero sustainability ambition [3].

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].

Core Viewpoint - FLSmidth & Co. A/S announces leadership changes in its Products and Service Business Lines, aiming to enhance growth and customer experience under the new CEO Toni Laaksonen's direction [1][4]. Group 1: Leadership Changes - Qasim Abrahams has been appointed as President of the Products Business Line, succeeding Julian Soles [1]. - Alanas Kraujalis has been appointed interim President of the Service Business Line [1][4]. Group 2: Strategic Focus - The company aims to leverage its strengthened foundation to accelerate growth, improve commercial execution, and enhance customer experience while maintaining cost discipline [1]. - A strong technology base is essential for building a robust service pipeline, with the Products Business Line playing a critical role in this growth potential [1][3]. Group 3: Leadership Background - Qasim Abrahams brings over 20 years of leadership experience in the global mining technology and services industry, having joined FLSmidth in 2022 [2]. - Under Qasim's leadership, the focus will be on optimizing global supply chains, standardization, and engineering discipline, while advancing the minerals processing portfolio [3]. Group 4: CEO's Comments - CEO Toni Laaksonen expressed confidence in Qasim's ability to strengthen the technology portfolio and grow market position through closer customer partnerships [4]. - Laaksonen also acknowledged Julian Soles' contributions to improving organizational performance and cost efficiency in the Products business [4]. Group 5: Service Business Strategy - Alanas Kraujalis will work on developing the Service business strategy to accelerate growth, improve customer experience, and expand market position [4].

Core Viewpoint - FLSmidth & Co. A/S is undergoing changes in its Board of Directors ahead of the Annual General Meeting on 24 March 2026, reflecting its strategic transformation into a focused supplier for the global mining industry [1][3]. Group 1: Board Changes - The company proposes to reduce the number of shareholder-elected Board members, with Chair Mads Nipper, Vice Chair Christian Bruch, and Board member Thrasyvoulos Moraitis not seeking re-election [3]. - Lene Skole is proposed as a new Board member and intended new Chair, bringing significant financial and strategic experience [4]. - Current Board members Anne-Louise Eberhard, Anna Kristiina Hyvönen, Lars Engström, and Rune Wichmann will seek re-election, with Rune Wichmann proposed as Vice Chair [4]. Group 2: Strategic Transformation - FLSmidth has successfully divested its heritage Cement business and is now a pure-play supplier of technologies and services to the mining industry, resulting in a more profitable company [1][2]. - The appointment of Toni Laaksonen as CEO aims to accelerate growth and further develop customer offerings [2]. - The company is entering a new strategic phase, with plans to be revealed later this year at a Capital Markets Day [2]. Group 3: Leadership Commentary - Chair Mads Nipper expressed pride in the company's accomplishments during his tenure and emphasized the strong financial and operational foundation for future growth [5].

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 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].

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]

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]