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FLSmidth Chief Executive Mikko Keto will step down after leading the Danish engineering group through its transformation into a pure-play mining supplier, the company said Sunday.
FLSmidth & Co. lowered its full-year revenue forecast on Wednesday, as a weak market for new equipment weighed on its first quarterly report since becoming a pure-play mining supplier.
Danish engineering group FLSmidth said Friday it has closed the sale of its Cement business, completing a strategic pivot that ends its 143-year history in the sector to focus solely on the global mining industry.
Danish engineering group FLSmidth & Co. said Tuesday it has received all regulatory approvals for the sale of its Cement business, a final step in its pivot to focus solely on the mining industry.
Danish engineering group FLSmidth & Co. said Wednesday it has won a contract to supply key equipment to a major new iron ore processing plant in India, marking the latest win since its strategic pivot to focus solely on the mining industry.
Danish engineering group FLSmidth & Co. on Wednesday raised its full-year profit forecast while lowering its revenue outlook, citing customer-driven project delays and currency headwinds.
| 29 Jun 2011 |
| Large material handling order in Morocco awarded to FLSmidth | 29 Jun 2011 |
| FLSmidth wins large cement project in Nigeria | 22 Jun 2011 |
| Reports in the Nigerian media | 31 May 2011 |
| Interim Report for FLSmidth & Co. A/S 1 January - 31 March 2011 | 12 May 2011 |