FLS FLSmidth & Co. A/S

FLSmidth to significantly expand its global service centre network in 2025, further strengthening its service offerings and customer proximity

FLSmidth to significantly expand its global service centre network in 2025, further strengthening its service offerings and customer proximity

PRESS RELEASE

19 February 2025, Copenhagen, Denmark



In 2025, leading mining technology and service supplier FLSmidth will open or expand seven service centres in strategic locations across the globe. These facilities are in direct support of FLSmidth’s CORE’26 mining strategy that includes targeting service growth, and adds to the company’s already comprehensive global network of service centres that can enhance mining customers’ productivity.

New facilities will open in Accra, Ghana; Surabaja, Indonesia; and Dammam, Saudi Arabia, whereas the current operations in Mackay, Australia will relocate to a larger facility. Expansions are planned in Parauapebas, Brazil; Karaganda, Kazakhstan; and Ulaanbaatar, Mongolia. Operations in each of these new locations will begin within the coming months with official opening details to be announced locally at a later date. In addition, an expansion of the service centre in Chloorkop, South Africa is already ongoing and will be completed in 2026.

Christian Fabry, Head of Professional Services at FLSmidth, comments: “Our service centres serve primarily as workshops for improving or repairing customer equipment and can also have warehousing capabilities for distribution. With these new openings and expansions, we further strengthen our service capabilities and best-in-class service offerings to customers. We can do that by shortening the operational down time for customers thanks to the service centres’ strategic proximity to mine sites and greater availability of spare and wear parts to local customers.”



FLSmidth’s mining service offerings

FLSmidth offers a comprehensive range of service offerings that allow mining companies to maximise productivity. The company has developed the strategic global presence and advanced service-based solutions required to provide responsive support wherever customers are located. This includes:

  • Strong inventory of OEM spare parts and consumables in service centres around the world
  • Regional and global field engineers, plus remote asset health and performance optimisation services
  • Mineral laboratory services for fast, accurate mineralogical and metallurgical testing
  • Upgrades, rebuilds and exchange services to help you get more from your equipment





Contacts:

Media

Jannick Denholt, ,

Investors Relations

Andreas Holkjær, ,

Jannick Denholt, ,



About FLSmidth

FLSmidth is a full flowsheet technology and service supplier to the global mining and cement industries. We enable our customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is our sustainability ambition towards zero emissions in mining and cement by 2030. We work within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining and cement industries and aim to become carbon neutral in our own operations by 2030. .

Attachment



EN
19/02/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on FLSmidth & Co. A/S

Tomi Railo
  • Tomi Railo

FLSmidth (Buy, TP: DKK430.00) - Earnings quality boost well on track

We have raised our 2025–2026e clean EBITA by c3% after solid Q4 beats on orders and clean EBITA (our 2025e sales and clean EBITA are a touch above the guidance). We reiterate our BUY and DKK430 target price, and continue to see improving earnings quality and an attractive valuation.

 PRESS RELEASE

FLSmidth to significantly expand its global service centre network in ...

FLSmidth to significantly expand its global service centre network in 2025, further strengthening its service offerings and customer proximity PRESS RELEASE 19 February 2025, Copenhagen, Denmark In 2025, leading mining technology and service supplier FLSmidth will open or expand seven service centres in strategic locations across the globe. These facilities are in direct support of FLSmidth’s CORE’26 mining strategy that includes targeting service growth, and adds to the company’s already comprehensive global network of service centres that can enhance mining customers’ productivity. Ne...

 PRESS RELEASE

FLSmidth welcomes two new executives to lead its Mining Products and S...

FLSmidth welcomes two new executives to lead its Mining Products and Service business lines PRESS RELEASE 18 February 2025, Copenhagen, Denmark   Leading mining technology and service supplier FLSmidth announces the appointment of two new leaders to Group Executive Management. Julian Soles will join FLSmidth on 1 May 2025 as President, Mining Products Business Line and Toni Laaksonen will join the company in the coming months as President, Mining Service Business Line. Toni Laaksonen joins FLSmidth from Glaston Corporation, a technology, solutions and service provider for the glass pr...

Mattias Holmberg
  • Mattias Holmberg

Who stands to benefit?

A potential peace deal between Russia and Ukraine could unlock one of the largest reconstruction efforts in modern history. The World Bank estimates Ukraine will need USD486bn in rebuilding efforts over the next decade, but we estimate this would add only c2% to annual European construction spending. While the direct earnings effect may be modest, we expect the “rebuild Ukraine theme” to drive investor sentiment. We see Volvo, Epiroc, Hexagon, Metso, Hiab and ABB as some of the primary beneficia...

ABGSC Capital Goods Research ... (+2)
  • ABGSC Capital Goods Research
  • Peter Sehested

ResearchPool Subscriptions

Get the most out of your insights

Get in touch