PRESS RELEASEFLSmidth & Co. A/S1 Could 2026Copenhagen, Denmark
FLSmidth has, as a part of ongoing inside investigation, recognized info indicating that sure pre-contract tender supplies have been supplied to individuals within the Russian Federation in reference to a restricted variety of potential initiatives in Kazakhstan. FLSmidth has ceased the pursuit of the tenders.
In line with preliminary findings from FLSmidth’s inside investigation, the related tender supplies had been supplied on the proposal-stage with out venture contracts having been concluded. However, the findings point out that the tender actions, which came about previous to 2026, may represent companies throughout the scope of relevant sanctions laws and battle with inside procedures.
FLSmidth is notifying related authorities, together with the U.S. Treasury’s Workplace of Overseas Property Management (OFAC) and the Danish Enterprise Authority, and can cooperate with authorities as the inner investigation progresses. The inner investigation is geared toward assessing whether or not any potential violations might have occurred, and no assurance might be supplied as as to if the outcomes of the investigation would result in enforcement actions or sanctions.
As a consequence of the preliminary findings of the inner investigation, FLSmidth is within the technique of reviewing and enhancing its compliance programme and danger administration measures in addition to different mitigating actions. FLSmidth is absolutely dedicated to making sure compliance with relevant sanctions necessities and with inside insurance policies and procedures throughout areas and enterprise strains.
The related initiatives, that are not being pursued, haven’t been a part of FLSmidth’s monetary forecasts, nor has FLSmidth made any particular provisions on account of the preliminary findings of the inner investigation. FLSmidth’s monetary steerage for 2026 and plans for distributions, together with initiating a share buy-back program within the second quarter of 2026, stay unchanged.
Contacts:
Media
More Read
Investor Relations
About FLSmidth
FLSmidth is a full flowsheet know-how and repair provider to the worldwide mining business. We allow our prospects to enhance efficiency, decrease working prices and cut back environmental influence. MissionZero is our sustainability ambition in the direction of zero emissions in mining by 2030. We work inside absolutely validated Science-Based mostly Targets, have a transparent dedication to bettering the sustainability efficiency of the worldwide mining business and goal to change into carbon impartial in our personal operations by 2030. www.fls.com
FLSmidth Press Launch VSD preliminary notification
