FLSmidth & Co AS (LTS:0OJA)

kr 374.8 -3.4 (-0.9%) Market Cap: 21.59 Bil Enterprise Value: 22.71 Bil PE Ratio: 31.45 PB Ratio: 1.93 GF Score: 56/100

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kr219.2 (+0.71%)

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kr262.65 (+5.80%)

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kr253.15 (+7.02%)

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kr222.2 (-4.10%)

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kr245.65

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kr248.25 (-0.20%)

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kr269.3 (+10.01%)

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kr327.35 (-1.01%)

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Q2 2021 Flsmidth & Co A/S Earnings Call Transcript

Aug 12, 2021 / 09:00AM GMT

Release Date Price: kr222.5 (-0.45%)

Transcript

Operator

Hello, and welcome to the FLS H1 2021 Interim Report. (Operator Instructions) As a reminder this call is being recorded. Today, I am pleased to present CEO, Thomas Schulz. Please begin your meeting.

Thomas Schulz;S;Group CEO

FLSmidth & Co. A

/-

Hello, everybody. I welcome you all to our interim report for the first half of 2021, of course, with a lot of information on the Q2 performance. Here, out of (inaudible) in Denmark. If we look into the quarter 2 directly with the key highlights, we had a very strong order intake and cash flow in the quarter. We increased revenue and EBITDA. Our net working capital showed a very strong performance, altogether done by a great performing organization. And we announced on the 29th of July, the acquisition of thyssenkrupp mining, which will then, when we have it and integrate it, create a big global industry leader into the mining industry under the top 10.

If we then look into the market, mining is in a growth cycle. And it will go on. Question is, if it's a normal growth or a

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