FLSmidth reported a weak start to the year Main facts of the Q1 16 figures: • The order intake increased 19% to DKK5,281m (Q1 15: DKK4,440m). • The order backlog increased 6% to DKK15,792m (end 2015: DKK14,858m). • Revenue decreased 20% to DKK3,758m (Q1 15: DKK4,683m). • EBITA decreased 39% to DKK246m (Q1 15: DKK400m), corresponding to a margin of 6.5% (Q1 15: 8.5%). • Net profit decreased 73% to DKK73m (Q1 15: DKK272m), of which DKK-6m were related to discontinued ac
19 May 2016
Mining project postponements weigh on Q1 16 revenues
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Mining project postponements weigh on Q1 16 revenues
FLSmidth & Co. A/S (FLS:CSE) | 0 0 2.7% | Mkt Cap: 20,254m
- Published:
19 May 2016 -
Author:
Lionel Pellicer -
Pages:
3 -
FLSmidth reported a weak start to the year Main facts of the Q1 16 figures: • The order intake increased 19% to DKK5,281m (Q1 15: DKK4,440m). • The order backlog increased 6% to DKK15,792m (end 2015: DKK14,858m). • Revenue decreased 20% to DKK3,758m (Q1 15: DKK4,683m). • EBITA decreased 39% to DKK246m (Q1 15: DKK400m), corresponding to a margin of 6.5% (Q1 15: 8.5%). • Net profit decreased 73% to DKK73m (Q1 15: DKK272m), of which DKK-6m were related to discontinued ac