FLSmidth & Co.

FLSmidth & Co. A/S has reported transactions under its share buy-back programme, initiated on 18 May 2026, with a total value of up to DKK 1.0 billion. During the period from 31 August to 4 September 2026, the company repurchased 47,500 shares at an average price of approximately DKK 575.94, totaling about DKK 27.36 million. This brings the accumulated number of shares bought back under the programme to 977,673, with a total transaction value of DKK 491,461,513.65. Following these transactions, FLSmidth holds 4,408,644 treasury shares, corresponding to 7.65 percent of its total share capital.

FLSmidth & Co. A/S announced its intention to establish a fourth business line focused on Crushing, Sizing & Screening (CSS), effective 1 January 2027, as part of its strategic growth journey. Alanas Kraujalis, currently interim President of the Service Business Line, will be appointed President of the new CSS Business Line, while Petri Virrankoski is set to join FLSmidth during 2027 to lead the Service Business Line. The CSS Business Line will consolidate higher-volume, repeatable offerings currently within the Service and Products Business Lines, aiming to enhance site-level customer engagement and aftermarket pull-through. This move expands FLSmidth from three to four business lines, with the Capital Products Business Line retaining focus on larger, engineered offerings. Additional details will be shared at the Capital Markets Day on 17 November 2026.

FLSmidth has signed a lifecycle agreement with Lloyds Metals and Energy Limited, one of India's leading iron ore mining and metals processing companies, to cover the full FLS equipment flowsheet across LMEL's mining operations. The order value was not disclosed. As part of the broader partnership, the two companies are developing a state-of-the-art repair centre to bring advanced repair and service capability closer to the installed equipment base. The agreement builds on a series of orders received from Lloyds Metals over the past two years and includes a dedicated on-site FLS team, a bespoke maintenance programme, continuous learning for upskilling, and on-site management of consumables and spare parts. LMEL operates the single largest iron ore mine in India and is scaling its production and processing capacities, and this agreement supports that growth while reinforcing FLS's long-term customer partnerships in the Indian subcontinent.

FLSmidth has adjusted its full-year 2026 financial guidance after reporting organic revenue growth of 4% and an Adjusted EBITA margin of 16.4% for the first half. The company now expects organic revenue growth of 0% to 4%, up from a previous range of -1% to 4%, and an Adjusted EBITA margin of 16.0% to 16.5%, up from 15.5% to 16.5%. In the second quarter, order intake rose 13% organically and revenue rose 16% organically, with growth across all three business lines. Net profit for the period was DKK 441 million, up from DKK 260 million in the prior-year quarter. CEO Toni Laaksonen cited strong commercial and financial performance, particularly in Service and Pumps, Cyclones & Valves, while Products order intake was affected by the timing of customer investment decisions.

FLSmidth has appointed Petri Virrankoski as President of its Service Business Line, with the new executive expected to join the company during 2027. Until then, Alanas Kraujalis will remain interim President of the Service Business Line. Virrankoski joins from Sandvik's Surface Drilling Division, where he has served as President and a member of Sandvik Mining's management team since 2019. The appointment comes as FLSmidth prepares to pursue organic growth and strategic acquisitions, with a particular focus on strengthening the Service Business Line.

FLSmidth repurchased 61,000 shares at an average price of DKK 503.62 during the week of 3 August to 7 August 2026, spending a total of DKK 30,671,024.90 under its ongoing DKK 1.0 billion share buy-back programme. The programme, which began on 18 May 2026, allows the company to buy back up to 2,300,000 shares, representing approximately 4.0 percent of its share capital. With these latest transactions, the total number of shares repurchased under the programme has reached 769,173, for an aggregate consideration of DKK 377,009,711.30. FLSmidth now holds 4,200,144 treasury shares, equivalent to 7.29 percent of its total share capital.

FLSmidth & Co. A/S repurchased 65,000 shares during the week ending 31 July 2026 as part of its ongoing share buy-back programme. The transactions, executed between 27 July and 31 July, had an average price ranging from DKK 470.35 to DKK 487.27 per share, for a total weekly value of approximately DKK 31.1 million. Since the programme began on 18 May 2026, the company has bought back 708,173 shares at a total cost of DKK 346.3 million, out of a maximum authorised amount of DKK 1.0 billion and up to 2,300,000 shares. Following these purchases, FLSmidth holds 4,139,144 treasury shares, representing 7.18 percent of its total share capital.

FLSmidth & Co. A/S has repurchased 66,500 shares during the week of 13 July to 17 July 2026 as part of its ongoing share buy-back programme. The programme, which began on 18 May 2026, allows the company to buy back up to DKK 1.0 billion worth of shares, with a cap of 2,300,000 shares, representing approximately 4.0 percent of its share capital. The latest transactions bring the total accumulated under the programme to 581,173 shares for a total value of DKK 286,052,103.80. Following these purchases, FLSmidth holds 4,012,144 treasury shares, equal to 6.96 percent of the company's total share capital.

FLSmidth repurchased 71,000 shares during the week of 6 July to 10 July 2026 as part of its ongoing share buy-back programme. The total transaction value for the period was DKK 33.6 million, bringing the accumulated shares bought back under the programme to 514,673 shares at a total value of DKK 255.0 million. The programme, which began on 18 May 2026, allows for repurchases of up to DKK 1.0 billion and a maximum of 2,300,000 shares, representing approximately 4.0 percent of the company's share capital. Following these transactions, FLSmidth holds 3,945,644 treasury shares, corresponding to 6.84 percent of total share capital.