Per Kristensen - FLSmidth Group Executive Vice President Cement Division

FLS Stock  DKK 373.20  6.20  1.69%   

President

Mr. Per Mejnert Kristensen has served as President, Region Asia at FLSmidth Co. AS since July 1, 2018. He was Group Executive Vice President, Cement Division at FLSmidth Co. AS from March 2012 till July 1, 2018. He has served at the Company since 1992. Formerly he served as Vice President, Head of Project Division EMEAAPAC, FLSmidth Vice President, Head of Project Division 1, FLSmidth General Manager, FLSmidth China and Chief Representative, Thailand, FLSmidth . He holds a MS degree in Mechanical Engineering, a BS degree in Commerce International Trade, Graduate Diploma, International Trade and General Management Program CEDEP . since 2018.
Age 56
Tenure 6 years
Phone45 36 18 18 00
Webhttps://www.flsmidth.com

FLSmidth Management Efficiency

The company has return on total asset (ROA) of 0.0253 % which means that it generated a profit of $0.0253 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0544 %, meaning that it generated $0.0544 on every $100 dollars invested by stockholders. FLSmidth's management efficiency ratios could be used to measure how well FLSmidth manages its routine affairs as well as how well it operates its assets and liabilities.
FLSmidth Co has accumulated 726 M in total debt with debt to equity ratio (D/E) of 36.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. FLSmidth has a current ratio of 1.17, suggesting that it is not liquid enough and may have problems paying out its financial obligations in time and when they become due. Debt can assist FLSmidth until it has trouble settling it off, either with new capital or with free cash flow. So, FLSmidth's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like FLSmidth sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for FLSmidth to invest in growth at high rates of return. When we think about FLSmidth's use of debt, we should always consider it together with cash and equity.

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Found 1 records

PRESIDENT Age

Todd ONeillISS AS
57
AS supplies engineering, equipment, and services to the cement and mining industries worldwide. The company was founded in 1882 and is headquartered in Copenhagen, Denmark. FLSmidth operates under Diversified Industrials classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 11513 people. FLSmidth Co (FLS) is traded on Copenhagen Exchange in Denmark and employs 11,820 people.

Management Performance

FLSmidth Leadership Team

Elected by the shareholders, the FLSmidth's board of directors comprises two types of representatives: FLSmidth inside directors who are chosen from within the company, and outside directors, selected externally and held independent of FLSmidth. The board's role is to monitor FLSmidth's management team and ensure that shareholders' interests are well served. FLSmidth's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, FLSmidth's outside directors are responsible for providing unbiased perspectives on the board's policies.
Annette Terndrup, Chief Officer
Mikko Keto, Chief Officer
Sofie Lindberg, VP Communications
Mette MEng, North Europe
Naja Barrise, VP Compliance
Jannick Denholt, Head Relations
Asger Lauritsen, COO Pres
Cori Petersen, Chief Officer
Per Kristensen, Group Executive Vice President Cement Division
Roland Andersen, Member CFO

FLSmidth Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is FLSmidth a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with FLSmidth

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FLSmidth position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FLSmidth will appreciate offsetting losses from the drop in the long position's value.

Moving against FLSmidth Stock

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The ability to find closely correlated positions to FLSmidth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FLSmidth when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FLSmidth - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FLSmidth Co to buy it.
The correlation of FLSmidth is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FLSmidth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FLSmidth moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FLSmidth can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in FLSmidth Stock

FLSmidth financial ratios help investors to determine whether FLSmidth Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in FLSmidth with respect to the benefits of owning FLSmidth security.