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Running on Clouds: The Story of On
The story of how a Swiss runner's pursuit of a new running sensation became On, aiming to be the most premium global sportswear brand worldwide.
FLSmidth
FLSmidth (FLS) investor relations material
FLSmidth SEB Nordic Seminar presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.SEB Nordic Seminar presentation summary8 Jan, 2026
Key strategic actions and portfolio development
Achieved target mining technology and service portfolio through strategic initiatives and portfolio pruning.
Reduced risk in order intake and exited non-strategic activities, including bulk material handling and basic labor contracts.
Lowered third-party content in commercial contracts to streamline operations.
Financial performance and margin expansion
Mining gross profit and SG&A costs show structural margin expansion, with gross profit ratio to sales rising and SG&A costs declining.
EBITA margin target for FY2026 set at 14.5%, with current progression in the 13-15% range.
Operational transformation and growth platform
Scaled back-office functions and established three global business centers in Chennai, Monterrey, and Bucharest.
Implemented the OneMining operating model and updated ERP platform.
Reinvested synergies from Mining Technologies acquisition into commercial front-end, especially PC & V business.
Expected order intake post de-risking
Why is gross profit target lower than 9M'25?
Expected return from commercial investments
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Next FLSmidth earnings date
Q4 202518 Feb, 2026
FLSmidth
Next FLSmidth earnings date
Q4 202518 Feb, 2026
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Frequently asked questions
FLSmidth & Co. A/S provides engineering, equipment, and service solutions for mining and cement industries. The company offers an integrated range of products, including dry process plants, dry grinding mills, wet grinding mills, desulfurization plants and related after-treatment for coke production and the cement industry. It also provides applications for metallurgic processes, mineral processing, ore dressing plants, advanced pollution control solutions, fluid bed coating technology in powder technology and ceramic systems; as well as wastewater treatment solutions that remove phosphates from wastewater. In addition, the company develops recycling technologies for industrial minerals; as well as complete integrated plants with fully automatic silo loading/ unloading and tailing handling systems. Further, it provides mechanical equipment and services through its subsidiaries group that designs and manufactures heavy rock breaking machines; cogeneration plants; gas-to-power plants; stationary furnaces; semi-portable furnaces and mobile firing towers. FLSmidth & Co. A/Sd is based in Valby, Denmark.
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