FLSmidth & Co. A/S (FRA:F6O1)

FLSmidth & Co. Income Statement

Financials in millions DKK. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	19,226	20,187	24,106	21,849	17,581	16,441
Revenue Growth (YoY)	10.06%	-16.26%	10.33%	24.28%	6.93%	-20.37%
Cost of Revenue	12,629	13,722	18,146	16,773	13,408	12,591
Gross Profit	6,597	6,465	5,960	5,076	4,173	3,850
Selling, General & Admin	4,041	4,239	4,325	3,622	2,822	2,773
Amortization of Goodwill & Intangibles	230	231	238	324	362	343
Other Operating Expenses	-32	-3	-24	-98	-41	-36
Operating Expenses	4,515	4,755	4,862	4,205	3,457	3,415
Operating Income	2,082	1,710	1,098	871	716	435
Interest Expense	-102	-161	-161	-86	-84	-80
Interest & Investment Income	43	43	69	36	24	21
Earnings From Equity Investments	-4	-43	-62	-3	-1	-
Currency Exchange Gain (Loss)	-110	-142	-47	-32	-130	59
Other Non Operating Income (Expenses)	124	124	58	26	112	-48
EBT Excluding Unusual Items	2,033	1,531	955	812	637	387
Merger & Restructuring Charges	-	-	-	-252	-57	-24
Gain (Loss) on Sale of Investments	-1	-1	-3	-8	-2	1
Gain (Loss) on Sale of Assets	56	28	102	-	-	-
Asset Writedown	-	-	-	-	-	-4
Other Unusual Items	-	-	-	-	9	21
Pretax Income	2,088	1,558	1,054	552	587	381
Income Tax Expense	707	528	382	201	213	155
Earnings From Continuing Operations	1,381	1,030	672	351	374	226
Earnings From Discontinued Operations	-731	-	-181	1	-17	-21
Net Income to Company	650	1,030	491	352	357	205
Minority Interest in Earnings	-15	-12	6	18	1	5
Net Income	635	1,018	497	370	358	210
Net Income to Common	635	1,018	497	370	358	210
Net Income Growth	-6.89%	104.83%	34.32%	3.35%	70.48%	-72.90%
Shares Outstanding (Basic)	57	57	57	57	52	50
Shares Outstanding (Diluted)	57	57	57	57	52	50
Shares Change (YoY)	0.70%	0.34%	0.45%	9.21%	3.84%	0.12%
EPS (Basic)	11.12	17.91	8.76	6.52	6.87	4.19
EPS (Diluted)	11.14	17.80	8.73	6.52	6.87	4.18
EPS Growth	-7.43%	103.84%	33.98%	-5.18%	64.39%	-72.96%
Free Cash Flow	1,173	256	447	880	1,333	1,250
Free Cash Flow Per Share	20.49	4.46	7.82	15.47	25.59	24.92
Dividend Per Share	8.000	8.000	4.000	3.000	3.000	2.000
Dividend Growth	100.00%	100.00%	33.33%	-	50.00%	-
Gross Margin	34.31%	32.03%	24.72%	23.23%	23.74%	23.42%
Operating Margin	10.83%	8.47%	4.55%	3.99%	4.07%	2.65%
Profit Margin	3.30%	5.04%	2.06%	1.69%	2.04%	1.28%
Free Cash Flow Margin	6.10%	1.27%	1.85%	4.03%	7.58%	7.60%
EBITDA	2,429	2,070	1,474	1,286	1,147	891
EBITDA Margin	12.63%	10.25%	6.12%	5.89%	6.52%	5.42%
D&A For EBITDA	347	360	376	415	431	456
EBIT	2,082	1,710	1,098	871	716	435
EBIT Margin	10.83%	8.47%	4.55%	3.99%	4.07%	2.65%
Effective Tax Rate	33.86%	33.89%	36.24%	36.41%	36.29%	40.68%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.