Q3 2021 Flsmidth & Co A/S Earnings Call Transcript
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Hello, everybody. I welcome you all around the world here to our beautiful Copenhagen, the headquarter of our company FLSmidth for the third quarter report in the year 2021.
So the highlights for the quarter, we had quite a strong order intake and revenue. We had a really good improvement in the EBITDA, especially in cement. We had a higher net working capital and with that negative cash flow and in the quarter free we issued successfully new shares.
The market outlook in mining good momentum this is growth cycle and in Cement mid-term recovery definitely expected mid-term, long-term, quite a good outlook. And the demand, actually in both industries for green solutions is very high. We maintain the guidance which means on the revenue DKK 16 billion to DKK 17 billion and on the EBITDA margin 5% to 6% and as we flagged before on the full year, we will have around a DKK 100 million cost in based on acquisition activities.
Top of it, as we announced yesterday evening, I will leave that position at
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