Investing.com - Flsmidth Co AS reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Flsmidth Co AS announced earnings per share of kr2.44 on revenue of kr5.03B. Analysts polled by Investing.com anticipated EPS of kr2.27 on revenue of kr4.7B.
Flsmidth Co AS shares are up 34.73% from the beginning of the year, still down 28.19% from its 52 week high of kr271.90 set on November 11, 2021. They are outperforming the STOXX 600 which is down 14.72% from the start of the year.
Flsmidth Co AS follows other major Industrials sector earnings this month
Flsmidth Co AS's report follows an earnings missed by Bunzl on Tuesday, who reported EPS of kr0.66 on revenue of kr5.65B, compared to forecasts EPS of kr70.72 on revenue of kr5,091M.
Spirax-Sarco Engineering had missed expectations on August 11 with second quarter EPS of kr1.32 on revenue of kr750.1M, compared to forecast for EPS of kr183.02 on revenue of kr711.35M.
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