The year 2022 was good for Cargotec. While the year was characterised by many events and various global crises, Cargotec‘s orders received, sales and comparable operating profit were at a record level. The execution of the refocused strategy progressed with success.
Comparable operating profit,
Eco portfolio, share of total sales**
CO2 emission change*
* Compared to 2019 baseline. While emission intensity improved in 2022, total emissions increased due to sales growth.** According to updated criteria
Basic earnings per share,
* Number of injuries / million hours worked
Hiab’s business development was positive in 2022. The Hiab year resulted in record scores in sales and orders received, and the comparable operating profit margin was over 14 percent. Supply chain challenges persisted from the previous year.
Kalmar’s business developed positively in 2022 with orders received, order book and sales at a highest ever level. Component availability and longer lead times still created challenges.
The demand for MacGregor’s solutions increased in 2022, reflecting the high level of merchant ship contracting during the previous year. The challenges continued in the offshore segment.
Cargotec's vision is to become the global leader in sustainable cargo flow. We influence the flow of the world’s supply chains, making them more efficient while providing solutions for lowered CO2 emissions. In seizing profitable growth through sustainability, we seek to transform the logistics industry while capturing the business opportunities that come with it. Our solutions and actions help our customers drive the transition to a circular, 1.5°C world.
As a key player in world trade, we secure the delivery of everyday necessities to millions of people and provide sustainable, safe and efficient material flows.
Cargotec's offering goes beyond equipment solutions. We also create and distribute knowledge among our customers, stakeholders and within our industry.
Cargotec is committed to respecting human rights and providing a fair and ethical working environment and equal opportunities for its employees, while encouraging its partners to do the same.
Managing our environmental impacts lies at the heart of our operations.
Most people and companies agree that there is no time to waste when it comes to the climate crisis - we need to act now. But with all the ambitious targets and big promises out there, what does action look like?
In December 2022, Cargotec received an A- score in the international non-profit CDP's climate change programme, recognising the company’s efforts in climate action.
In December 2022, Cargotec entered into an EUR 330 million sustainability-linked revolving credit facility with a syndicate of its seven relationship banks.