Edited Transcript of FLS.CO earnings conference call or presentation 11-Feb-20 1:00pm GMT

Valby Feb 14, 2020 (Thomson StreetEvents) — Edited Transcript of Flsmidth & Co A/S earnings conference call or presentation Tuesday, February 11, 2020 at 1:00:00pm GMT Carnegie Investment Bank AB, Research Division – Co-head of Research of Denmark and Financial Analyst Ladies and gentlemen, welcome to the FLSmidth’s Annual Reports 2019. (Operator Instructions) As a reminder, this call is being recorded. Hello, everybody. I welcome you all around the world for our annual report 2019. And today with me is our Interim CFO, Naja. And first, to the key highlights. We had the highest revenue in 6 years. We had quite an increased service order intake, a lower capital order intake and an increased cash flow with a higher EBITA but unsatisfactory margin. We have a good demand for service, both in Cement as well as in Mining, but we see, at the same time, continued customer hesitation on large capital investments. If we then look into the guidance for 2020. We guide on revenue, DKK 18.5 billion to DKK 20.5 billion, with an EBITA margin 8% to 9%, and we proposed a dividend of DKK 8 per share. Let us come at first to the guidance. We realized on the revenue, DKK 20.6 ...

Ikea Puts Purpose First in New Campaign Telling Brand Story

When Ogilvy won the Ikea account in 2010, brands weren’t nearly as open about their commitments to sustainability. Now, the idea of brand purpose is everywhere. While that the concept of responsibility is evolving, Ikea has baked purpose into everything it does since the furniture maker was founded in Sweden in 1943. Year after year, Ikea’s sustainability report is taken very seriously by the brand and shows a clear direction for the massive retailer. The 2018 report is filled with ambitious plans including becoming “climate positive” by 2030 by investing green energy, reforestation (the brand has planted 2.8 million trees since 1998) and forest protection. Additionally, Ikea is working to lessen the impact of all of its products by using more recycled and renewable materials (60% of the brand’s product ranges use such materials). Yet, in the U.S., most of the work from the brand and agency has focused primarily on what Shideh Hashemi, Ikea country marketing manager, calls “life improvement,” referring to the more rational benefits of the products offered. With a new national campaign launching this week, Ikea is shifting gears and leaning into its brand purpose commitment. “Fou...

Wakefield Golf Club is an undulating parkland course in West Yorkshire. It comprises two loops of

Wakefield Golf Club is an undulating parkland course in West Yorkshire. It comprises two loops of nine holes, both of which start and finish at the clubhouse. This is where Lee Williams met with Matt Booth, the club’s Head Greenkeeper. Matt Booth has been Head Greenkeeper at Wakefield Golf Club for the last four years, after leaving Howley Hall Golf Club where his career in greenkeeping first started twenty-six years ago. “I just fell into greenkeeping really; I was doing bits of all sorts beforehand. Then a job for a trainee came up at Howley. Over the years, I gained my NVQ Levels 2 & 3 in Sports Turf (studying through Askham Bryan College), chainsaw certificate and spraying licenses PA1, 2 and 3. After working my way up the ladder, I eventually became head greenkeeper; a role I performed for seven years before coming to Wakefield. Whilst I have been here, I have taken out a tree surveying course with Lantra.” One of Matt’s first priorities was to get the team back up to speed with their qualifications and training. “Most of them had their NVQ Level 2 but, for one reason or another, had stopped any further education. One of them has been here ...

Screen Printing Presses Market-Growth, Trends, and Forecast (2020-2025): Industry Statistics, Services, Growing Trends, Company Profiles and Investment Opportunities

This elaborate and detailed research output on Global Screen Printing Presses Market is an illustrative narrative on ongoing market developments and advances that have a lingering effect on growth estimations and growth patterns in the Global Screen Printing Presses Market. This comprehensive research offering is strategically designed to focus intrinsically on various market factors that fetch high return on investments and pave way for lucrative avenues in the Global Screen Printing Presses Market through the forecast span. Additionally, this Global Screen Printing Presses Market industry report gauges closely remunerative trends and subsequent returns in the Global Screen Printing Presses Market. Besides hovering across remunerative returns, industry trends, and profit driving factors, this section of the report on Global Screen Printing Presses Market specifically invests in understanding popular market segmentation besides deriving workable insights on lucrative opportunities widespread in the Global Screen Printing Presses Market. Report covers following manufacturers: M&R Printing Equipment Ranar Mfg Workhorse Products A.W.T. World Trade Systematic Automation H G Kipp...

Japanese Manufacturer Creates World’s Smallest RFID Tag

Murata has applied its proprietary multi-layer circuit board technology and high-frequency module technology, with which the successful miniaturization of an RFID tag to one-tenth the size of an RFID tag composed of plane surface, was achieved. KYOTO, Japan – Murata Manufacturing Co., Ltd.  is going to launch mass production of the world’s smallest HF-band RFID *1 tag (3.2×3.2×0.7mm). Murata has applied its proprietary multi-layer circuit board technology and high-frequency module technology, with which the successful miniaturization of an RFID tag to one-tenth the size of an RFID tag composed of plane surface, was achieved. The company will exhibit this product at “CEATEC JAPAN 2012″, which will be held at Makuhari Messe in Chiba Prefecture from October 2 nd to 6 th, 2012. “This innovative RFID tag is an ultra-small component that has been developed by integrating multi-layer circuit board and high-frequency module technologies, Murata core competencies.” says Mr. Hideharu Ieki, Executive Vice President Technology & Business Development Unit Member of the Board of Directors. “In addition to contactless IC cards, which are ...

England thrash South Africa in third Test: day five

South Africa piled on a crackerjack 99 for the final wicket but England finally broke through to win by an innings and 53 runs And with that, I’m done. The fourth and final Test starts on Friday. Here’s the report on the conclusion of this one again. Bye! To see it all come together is superb really. Ollie coming through, getting his maiden Test century, Bess with his first Test five-for, to see them all contributing, the feeling in the camp is superb. They bring real energy. You think back to when you were young, full of energy, full of life, and they’re bringing that to the dressing-room. One thing I’ve asked them to do, is on the field they’re being busy, throwing themselves around, and I think that sort of energy drags everybody else with them. It helps you’ve got Woody up there as well, full of energy, full of life, and he’s infectious is Woody. To see him bowling with pace and with a big smile on his face was super. My temptation [with Pope] is to leave him where he is, let him find his feet, get a few more runs under his belt, make sure that he truly feels he belongs here, and I don’t think it will take him too long to do that, and then we can assess again. But I think fo...

There are two types of consumers: the ones who have never had a pet and will

There are two types of consumers: the ones who have never had a pet and will grab any product they see that they think they need, and the ones who do meticulous research on the type of pet they want and the products they need, regardless of whether they have had a pet before or not. These days, more and more consumers are looking deeper into the products available to provide their pets with the best, but it is the responsibility of the manufacturer and retailer to know how to cater to both types of consumers, especially when it comes to kitten products. Kittens have an array of necessities, such as food, litter, litter boxes, toys and everything in between. For the uncertain consumer, this alone may seem daunting. These are the consumers who benefit greatly from your knowledge on the products available. Not only does it narrow down their choices and make them feel more confident, it helps you build a strong bond that will keep them coming back. Any pet, or human, in the early stage of its life has seemingly endless energy and curiosity. The research-driven consumer wants products that enhance their kitten’s senses and overall wellness. Therefore, having a wide selection of produ...

Sasse Earns Major Endorsement From Nebraska Cattlemen LeadersBen Sasse, U.S. Senator and relentless advocate for Nebraska

Sasse Earns Major Endorsement From Nebraska Cattlemen LeadersBen Sasse, U.S. Senator and relentless advocate for Nebraska agriculture, earned the endorsement of the future, current, and immediate past Presidents of Nebraska Cattlemen.“I’m proud to have the support of cattlemen across Nebraska, and I’m proud to fight for them in Washington. Nebraska runs on the hard work of our ag industry. Our ranchers feed the world — that’s a big job, but Nebraska gets it done. Our farm and ranch families deserve the best because they produce the best.” – U.S. Senator Ben Sasse“Washington has a lot to learn from Nebraska — and Ben Sasse makes sure they’re listening to us. We’re the best in the world at what we do, and Ben has worked hard to put Nebraska ag — and our producers — first. He fights for us, we’ll fight for him.” – Nebraska Cattlemen President Ken Herz, Lawrence“Nebraska’s cattlemen and women spend our lives raising the absolute best beef in the world. It’s pretty simple: we want less government interference and a whole bunch more trade. Ben Sasse gets that and fights for us.” – Nebraska Cattlemen President-elect William Rhea III, Arlington“Ben Sasse stood up to fi...