Nov 11
Earnings call
Orders rose 36%; growth outlook narrowed to 1 to 3%
FLSMIT reported Q3 order intake of $4.5 billion, up 36% nominally, and revenue of $3.8, up 10%. It narrowed full-year 26 organic revenue growth guidance to 1 to 3% and expects a 16.5% adjusted EBITDA margin.