FLSmidth & Co A/S Strategic update on Cement Call Transcript
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Good morning, and welcome to the investor presentation regarding cement and trading update. This very significant milestone for FLSmidth, giving the history of our company which started 140 years ago in a cement business, very significant milestone.
Next one, please. I'm here in the studio with Roland Andersen, who is our Group CFO, and I we cover also the trading update in the end of the presentation. Next one, please. The useful forward-looking statement caveats. Next slide.
So announcement today is about that we start to explore divestment officers for cement business. In other words, we are starting our sales process for cement business. The business is in a good shape at the moment, it's a healthy asset. You've seen the quarter-four full-year result is actually in a good condition.
And also, that the recent sale of the MAAG product line is indicating that we have valuable assets in terms of technology and services, belonging to cement business. We also are increasing our cost to net fees from
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