Get a D365 CE/CRM Lookup field text value in Power Automate

1. Initialize a Variable

2. If we run the flow and look under in the outputs so we can get the formattedValue of the lookup

“_ak_companyname_value@OData.Community.Display.V1.FormattedValue”

3. We will then Set the Variable that we have initialized above with the below function

4. Running the flow we will be presented with the below outputs.