Q1 17 figures were in line with expectations, confirming an operating recovery. In Q1 17, the order intake increased by 5% yoy to DKK5.6bn (versus 5.3 in Q1 16) and revenue was up 16% yoy to DKK4.4bn. Customer Services and Product Companies were supported by the strong momentum in the aftermarket, and order intake from total service activities grew by 23%. While order intake in Minerals increased significantly, Cement fell short of the record-high order intake in Q1 16, despite three large or
10 May 2017
The operating recovery is taking shape, but still unclear on demand
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The operating recovery is taking shape, but still unclear on demand
FLSmidth & Co. A/S (FLS:CSE) | 0 0 2.7% | Mkt Cap: 20,254m
- Published:
10 May 2017 -
Author:
Lionel Pellicer -
Pages:
3
Q1 17 figures were in line with expectations, confirming an operating recovery. In Q1 17, the order intake increased by 5% yoy to DKK5.6bn (versus 5.3 in Q1 16) and revenue was up 16% yoy to DKK4.4bn. Customer Services and Product Companies were supported by the strong momentum in the aftermarket, and order intake from total service activities grew by 23%. While order intake in Minerals increased significantly, Cement fell short of the record-high order intake in Q1 16, despite three large or