FLSMIDTH A/S

FLSmidth A/S business activities are anchored around a unique combination of services and products. Our key ​strategic focus is to expand the share of services and standardized products relative to the share of large ​projects, while simultaneously de-risking the project portfolio. This focus will help us obtain a more profitable ​business mix and a less cyclical business with a lower level of risk. ​​FLSmidth A/S is also the owner of FLSmidth Group’s Mining patents, trademarks and know-how and receives ​royalties from other Group companies for their use thereof.

Development in activities and finances

Long-term demand for metals and minerals remains robust, driven by emerging middleclass, expansion of renewables, rapid adoption of electric vehicles and growing datacentre demand. ​ ​Our customers are committed to meeting the world’s demands for these metals and minerals. They face a triple challenge; producing more, more sustainably, and under more difficult conditions. ​ ​In mining, new discoveries and mine developments have decreased in the last decades, and miners are focusing on getting more out of existing operations to meet demand. As they increase production, our customers need to manage increasing operational challenges. These include declining ore grades, exploration and development of more remote and intricate deposits, interest rates and …

Guidance for 2026 is a revenue in the range of 1,8 – 1,9 bDKK and a result before tax of 0,4 – 0,5 bDKK.

Profit/loss for the year in relation to expected developments

The company’s income statement for the year shows a revenue of DKK'm 1,505 (2024: DKK'm 1,205) which is above the guidance of 1.0 - 1.5 bDKK. ​ ​The increase from 2025 is due to the increased activity within the execution of activities under our corporate company model. ​ ​Result before tax but excluding impairments of investments in subsidiaries shows DKK'm (374) (2024: DKK'm 1,132) which is below the guidance of 0.0-0.2 bDKK, mainly due to a combination of royalties and admin fees received from subsidiaries. ​ ​The loss for the year amounted to DKK'm 787 (2024 profit: DKK'm 535), mainly due to loss related to disposal of Cement. ​ ​Total assets amounted to DKK'm 10,721 at the end of 2025 (end of 2024: DKK'm 13,686). The equit…

No significant events have occurred after the balance sheet date which could significantly affect the company’s ​financial position as of 31st of December 2025.

No events have occured after the balance sheet date which could significantly affect the company's financial position as of 31 December 2025.

2025​DKK'm

2024​DKK'm…

28 Contingent liabilities2025​DKK'm2024​DKK'mRecourse and non-recourse guarantee commitments3,3642,142Contingent liabilities 3,3642,142The Company has through its banks provided usual security in the form of performance guarantees etc. for contracts and supplies. At the end of 2025 the total number of performance and payment guarantees issued amounted to DKK'm 2,739 (2024: DKK'm 1,078) and parent guarantess issued amounted to DKK'm 625 (2024: DKK'm 1,064). In cases where a guarantee is expected to materialise, a provision for this amount is made in the Annual Report under the heading of Provisions. ​ ​In addition, the Company is from time to time involved in disputes regarding material amounts that are normal for its business. This is not expected to impose significant liabilities upon th…

29 Assets charged and collateral

None of the assets owned by FLSmidth A/S are pledged and the Company has no collateral agreements.