FLSmidth traded at 481.20 this Monday May 18th, increasing 24.20 or 5.30 percent since the previous trading session. Looking back, over the last four weeks, FLSmidth gained 9.80 percent. Over the last 12 months, its price rose by 32.27 percent. Looking ahead, we forecast FLSmidth to be priced at 435.38 by the end of this quarter and at 376.48 in one year, according to Trading Economics global macro models projections and analysts expectations.
Flsmidth & Co A/S is a Denmark-based provider of equipment and services for cement and minerals industries. The Company supplies products from single machinery to complete cement plants and minerals processing solutions, including services before, during and after the construction. The Company’s activities are divided into four segments: Customer Services, Product Companies, Minerals and Cement. The Cement segment embraces cement projects, customized cement equipment, as well as cement operation and maintenance. The Minerals segment comprises mining projects and engineered mineral processing and handling equipment. The Customer Services segment services to installed base mainly delivered by the Cement and Minerals segments, and the Product Companies segment offers standardized products sold directly to end customers, peers and into FLSmidth Cement and Minerals projects. The Product Companies segment provides parts and other aftermarket services to its own installed base.