Flsmidth & Co A/S B Shs (FLIDF) Q2 2026 Earnings Call

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WEBVTT 00:00:00.191 -- 00:00:05.375 Good morning and good afternoon everyone and welcome to the FLS Q2 investor 00:00:05.375 -- 00:00:07.096 call. 00:00:07.096 -- 00:00:13.221 My name is Toni Laaksonen and I'll be presenting today with our CFO Roland Andersen 00:00:13.221 -- 00:00:17.704 and we start the presentation with the Q2 highlights. 00:00:17.704 -- 00:00:22.347 So first deep diving to the market and commercial aspects 00:00:22.347 -- 00:00:28.271 and from there we can say that with two business lines we saw excellent development 00:00:28.271 -- 00:00:33.575 in Q2. The service business line continued their strong commercial 00:00:33.575 -- 00:00:39.719 performance with their order intake and we were growing plus 14% 00:00:39.719 -- 00:00:44.842 organically in Q2 which was excellent development and 00:00:44.842 -- 00:00:48.824 continued development compared to the previous quarters. 00:00:48.824 -- 00:00:54.147 Then with our pump cyclones and valves we demonstrated similar great 00:00:54.147 -- 00:00:56.147 development 00:00:56.168 -- 00:00:57.950 We were gaining 00:00:57.950 -- 00:01:03.335 some shares from the market and grew 18% 00:01:03.335 -- 00:01:08.559 organically in Q2, which was clearly ahead of the 00:01:08.559 -- 00:01:13.863 certain peers. Then on the other hand, With our orders 00:01:13.863 -- 00:01:19.065 we saw some development now with the bigger larger orders 00:01:19.065 -- 00:01:24.087 and the first one was now awarded during the quarter that came from 00:01:24.087 -- 00:01:29.109 South Asia for our products business line and it was around 300 00:01:29.109 -- 00:01:34.652 million DKK and in this case we were awarded to the 00:01:34.652 -- 00:01:40.014 supply technologies related to an iron ore beneficiation project. 00:01:40.014 -- 00:01:45....