Feb 22, 2023 / 10:00AM GMT
Mikko Keto - FLSmidth & Co. A/S-Group CEO
Welcome to the presentation of the annual report and Q4 results. I'm presenting here together with Roland and we go through the highlights of the quarter and of the year. Bearing in mind, the small print regarding forward-looking statements.
The Q4 is evidence of relentless execution of strategy, what we decided. And the evidence there is that we are moving forward. And we don't look sideways, we have full conviction for the strategy that we decided. In mining, it has been a good year. Significant growth in revenues, in particular, in service. And our full year EBITA margin adjusted is 10.6%, which I'm happy about. We are looking at additional cost synergies that we communicate to the market, and we have a good plan to take those costs out during this year. There was some concern about order intake for the quarter 4 for mining. And if you look at the quarter 4 for mining and order intake, you need to bear in mind that when we talk about organic comparison point of year ago quarter 4 and talk about 5% order growth.
Q4 2022 FLSmidth & Co A/S Earnings Call Transcript
Feb 13, 2024
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