FLSmidth & Co. A/S H1 2025 Interim Financial Report: Adjusted EBITA margin increased to 15.2% in Q2 2025, driven by the continued execution of our strategic priorities

A/S 20 August 2025 Copenhagen, Denmark Today, the Board of Directors of FLSmidth have approved the H1 2025 Interim Financial Report.

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A/S H1 2025 Interim Financial Report: Adjusted EBITA margin increased to 15.2% in Q2 2025, driven by the continued execution of our strategic priorities FLSmidth A/S 19 August 2025 16 min read FLS.CO FLIDF FLIDY FLSmidth A/S COMPANY ANNOUNCEMENT NO.

23-2025 Today, the Board of Directors of FLSmidth have approved the H1 2025 Interim Financial Report.

Continued and disciplined execution of our strategic priorities despite macroeconomic and geopolitical uncertainties Further reduction in SG&A driving strong progression in underlying profitability, with an Adjusted EBITA margin of 15.2% Solid organic order intake growth in PC&V and Products, whereas organic Service order intake is slightly down versus Q2 2024 Solid cash flow generation and launch of the company's first share buy-back programme since 2012 Signed agreements to sell the Cement business and corporate headquarters in Copenhagen The financial guidance for the full year 2025 was updated on 14 August 2025 (ref.

22-2025) FLSmidth Group CEO, Mikko Keto, comments: " In Q2 2025, we advanced our strategy despite ongoing macroeconomic and geopolitical uncertainty.

Profitability strengthened with an Adjusted EBITA margin of 15.2%, reflecting continued momentum.

Orders grew by 3% year-on-year, driven especially by higher Products orders, while Pumps, Cyclones & Valves delivered 13% organic growth from targeted sales force investments.

Service orders declined by 1% due to delayed modernisation projects in North America linked to tariff uncertainty, though these remain in the pipeline and recovery is expected in the coming quarters.