Skip to main content

FLSmidth cement business is stable

Published by
World Cement,

FLSmidth’s cement business outlook remains stable, according to CEO Thomas Schulz, who was commenting on the company’s latest quarterly results. The company reported order intake of DKK7.2 billion in 3Q18, including DKK1.9 billion for two cement plants in Central America.

“Our strong order intake paves the way for advances in both revenue and earnings in the coming years," said Schulz.

Quarterly revenue was DKK4.3 billion – an increase of 6% on the same period last year. Earnings were up 4% at DKK350 million, as a result of the higher revenue. 3Q18 profit was DKK162 million, jumping from DKK23 million in 3Q17.

"We've registered a positive trend in mining and are pleased to report strong financial performance,” concluded Schulz. “The outlook for our Cement business is stable, but we have taken action to improve efficiency. We continue assisting our customers in their constant pursuit of enhancing productivity."

Read the article online at:

You might also like


Optimisation 2020

Optimisation 2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.

Find out more and register for the series »



World Cement Spotlight with Rockwell Automation

World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.

Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.

Watch the interview now »


Ambuja Cement shares Q3 financial results

The company registered a strong volume growth of +8%, which has resulted in 10% growth in net sales during this quarter as compared to the same period of previous year.


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

FLSmidth news Cement news 2018