PRESS RELEASE FLSmidth & Co. A/S15 May 2025, Copenhagen, DenmarkAs announced on 18 February 2025, FLSmidth has appointed Julian Soles as President, Mining Products Business Line, and Toni Laaksonen as President, Mining Service Business Line. While Julian Soles officially started with FLS on 1 May 2025, Toni’s start date was yet to be announced. It has now been confirmed, and Toni will start on 1 June 2025. Contacts:MediaJannick Denholt, +45 21 69 66 57, jli@flsmidth.comInvestor RelationsAndreas Holkjær, +45 ...

COMPANY ANNOUNCEMENT NO. 8-2025FLSmidth & Co. A/S 14 May 2025Copenhagen, DenmarkToday, the Board of Directors of FLSmidth have approved the Q1 2025 Interim Financial Report.Highlights in Q1 2025:14% increase in Mining Service revenue driven by effective backlog management and order executionMining Adjusted EBITA margin of 15.1% reflecting continued profitability improvementsNegative growth in Cement order intake and revenue continue to reflect de-risking and impact from divestmentsCement Adjusted EBITA marg ...

COMPANY ANNOUNCEMENT NO. 7-2025FLSmidth & Co. A/S 14 May 2025Copenhagen, DenmarkOn the back of a strong financial performance in the Mining business in the first quarter of 2025, FLSmidth raises its financial guidance for the full year 2025.The Adjusted EBITA margin in the Mining business is now expected to be in the range of 14.0% to 14.5% (previously 13.5% to 14.0%).Consequently, the Adjusted EBITA margin for the Group is now expected to be in the range of 13.0% to 13.5% (previously 12.5% to 13.0%). Furth ...

Core Insights - A progressive Indian miner and steelmaker has chosen FLS to supply a comprehensive flotation technology package for a new iron ore beneficiation plant, which is expected to be one of the largest and most efficient globally [1] - The plant will utilize domestic low-grade iron ore, which will be upgraded to a high-purity final product using FLS flotation systems [1] Group 1: Technology and Performance - FLS conducted extensive laboratory and on-site pilot testing to develop a beneficiation flowsheet that ensures high metallurgical performance and operational flexibility [2] - The selected technology includes FLS nextSTEP™ flotation cells, equipped with mechanical and process condition monitoring, along with KREBS millMAX pumps for froth and slurry transport [2] Group 2: Customer Relationship and Orders - This order marks the third consecutive purchase from the customer within six months, with the iron ore being processed from 18 vertical tower mills ordered from FLS for Q1 2025 [3] - The customer also ordered two high-pressure grinding rolls (HPGRs) from FLS in Q4 2024, along with additional KREBS pumps and hydrocyclones for the grinding circuits [3] Group 3: Installation Timeline and Impact - All FLS technologies are expected to be installed and commissioned during 2026/2027 [4] - The CEO of FLS emphasized the significance of this order as a testament to strong customer relations and confidence in FLS's market-leading technologies, which will lead to reductions in energy, water, and grinding media consumption [5] Group 4: Order Details - The order was booked in Q2 2025, although the value of the order has not been disclosed [6]

Flowserve Corporation (NYSE:FLS) Q1 2025 Earnings Conference Call April 30, 2025 10:00 AM ET Company Participants Brian Ezzell - VP, IR, Treasurer and Corporate Finance Scott Rowe - President and CEO Amy Schwetz - CFO Conference Call Participants Andy Kaplowitz - Citigroup Mike Halloran - Baird Deane Dray - RBC Capital Markets Nathan Jones - Stifel Joe Giordano - TD Cowen Operator Good day and welcome to the Flowserve First Quarter 2025 Earnings Call. Today's conference is being recorded. At this time, I'd ...

Flowserve Corporation’s (FLS) first-quarter 2025 adjusted earnings (excluding 16 cents from non-recurring items) of 72 cents per share beat the Zacks Consensus Estimate of 59 cents. The bottom line increased 24.1% year over year. Results benefited primarily from higher revenues generated in the quarter.Flowserve’s total revenues of $1.14 billion beat the consensus estimate of $1.11 billion. The top line increased 5.2% year over year. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)A ...

Flowserve (FLS) Q1 2025 Earnings Call April 30, 2025 10:00 AM ET Speaker0 Day, and welcome to the Flowserve First Quarter twenty twenty five Earnings Call. Today's conference is being recorded. At this time, I'd like to turn the conference over to Brian Ezel, Vice President, Treasurer and Investor Relations and Corporate Finance. Please go ahead. Speaker1 Thank you, and good morning, everyone. Welcome to Flowserve's first quarter twenty twenty five business update. I'm joined by Scott Rowe, Flowserve's Pres ...

Flowserve (FLS) Q1 2025 Earnings Call April 30, 2025 10:00 AM ET Company Participants Brian Ezzell - VP – Treasurer, Investor Relations and Corporate FinanceScott Rowe - President and Chief Executive OfficerAmy Schwetz - Senior VP & CFOAndrew Kaplowitz - Managing DirectorMichael Halloran - Associate Director of ResearchDeane Dray - Managing DirectorNathan Jones - Managing DirectorJoseph Giordano - Managing DirectorJae Hyun Ko - Equity Research Senior Associate Conference Call Participants David Ridley-Lane ...

Q1 2025 EARNINGS CONFERENCE CALL April 30, 2025 FORWARD LOOKING STATEMENT AND NON-GAAP MEASURES Safe Harbor Statement: This presentation includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as, "may," "should," "expects," "could," "intends," "plans," "anticipates, ...

Core Insights - Flowserve reported revenue of $1.14 billion for the quarter ended March 2025, reflecting a 5.3% increase year-over-year and surpassing the Zacks Consensus Estimate of $1.11 billion by 3.35% [1] - The company's EPS was $0.72, up from $0.58 in the same quarter last year, resulting in an EPS surprise of 22.03% compared to the consensus estimate of $0.59 [1] Revenue Performance - Sales from FPD segment reached $783.10 million, exceeding the average estimate of $749.56 million, with a year-over-year change of 1.9% [4] - FCD segment sales were reported at $364.10 million, above the average estimate of $358.78 million, showing a significant year-over-year increase of 14.2% [4] - Intersegment sales reported a slight decline of -$2.70 million, compared to the average estimate of -$2.20 million, but still represented a year-over-year change of 10.8% [4] Operating Income - Adjusted Operating Income for the FPD segment was $138.60 million, surpassing the average estimate of $116.22 million [4] - Adjusted Operating Income for the FCD segment was $44.60 million, slightly above the average estimate of $42.93 million [4] Stock Performance - Flowserve's shares have returned -8.6% over the past month, contrasting with the Zacks S&P 500 composite's -0.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]