Company Announcement to the Danish Financial Supervisory Authority No.
08-2014, 30 April 2014.
The European Court of Justice has today ruled that the penalty imposed on
FLSmidth & Co. A/S in March 2012 is upheld at EUR 14.45m (see Company
Announcement No. 13-2012, 6 March 2012).
As announced in 2005 (see Company Announcement No. 30-2005, 1 December 2005) the
European Commission ruled that FLSmidth & Co. A/S and the subsidiary company FLS
Plast A/S were to be held partly liable with regards to a cartel penalty on a
formerly FLSmidth-owned French company then named Silvallac S.A (later Trioplast
Wittenheim).
FLSmidth has appealed the cartel decision twice, latest in March 2012 where the
General Court reduced FLSmidth & Co. A/S' and the subsidiary company FLS Plast
A/S' partly liability for this penalty. The liability was reduced from EUR
15.30m to EUR 14.45m.
The judgement concerning FLS Plast A/S is still pending.
The Group's guidance for 2014 will not be affected by the penalty.
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Please address any questions regarding this announcement to Global
Communications Manager Jesper B. Larsen, FLSmidth & Co. A/S at +45 36 18 18 00.
For further information about FLSmidth, please visit www.flsmidth.com.
Yours faithfully
Pernille Friis Andersen
Corporate Communications & Investor Relations
[HUG#1781420]
