Objectives for the Cement Business
The company has outlined its goals to unlock the full potential of the Cement business and enhance the Mining business as a comprehensive technology and service provider to the global mining industry.
Despite the distinct market dynamics and industry fundamentals of the Mining and Cement businesses, the company aims to maximize the efficiency of both sectors. There is minimal synergy and customer base/product offering overlap between the two, emphasizing the unique characteristics of each.
Emphasis on Efficiency Maximization
FLSmidth A/S’s Group CEO, Mikko Keto, emphasized the robust performance and strategic progress of the Cement business in recent years. He expressed confidence in the Cement business’s ability to continue thriving even under different ownership. Keto highlighted the clear ambition to reinforce the Mining business’s market-leading position, citing significant long-term opportunities driven by strong industry fundamentals and a positive market outlook.