FLSmidth reported a rather weak Q3 15, and some perimeter adjustments: - Bulk material handling activities to be divested - reported as discontinued activities. - Cement O&M projects integrated into the Cement division. The company reported that market conditions in the minerals industry deteriorated markedly in Q3 15 and led to further capex cuts and continued downward pressure on commodity prices. The order intake increased 16% to DKK5,151m (Q3 14: DKK4,423m), as FX had a positive impac
13 Nov 2015
Q3 15 rather weak results and some perimeter adjustments
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Q3 15 rather weak results and some perimeter adjustments
FLSmidth & Co. A/S (FLS:CSE) | 0 0 2.7% | Mkt Cap: 20,254m
- Published:
13 Nov 2015 -
Author:
Lionel Pellicer -
Pages:
2
FLSmidth reported a rather weak Q3 15, and some perimeter adjustments: - Bulk material handling activities to be divested - reported as discontinued activities. - Cement O&M projects integrated into the Cement division. The company reported that market conditions in the minerals industry deteriorated markedly in Q3 15 and led to further capex cuts and continued downward pressure on commodity prices. The order intake increased 16% to DKK5,151m (Q3 14: DKK4,423m), as FX had a positive impac