menu

Our businesses:

{{displayStock}}

Cargotec as an investment

Why invest in Cargotec

In April 2023 Cargotec's Board of Directors decided to investigate and initiate a process to potentially separate its core businesses Kalmar and Hiab into two standalone companies. Cargotec’s intention would be to separate Kalmar as a new listed company by means of a partial demerger from Cargotec. In February 2024, Cargotec's Board approved a demerger plan concerning the separation of Kalmar into a new listed company. More information.

Outlook

Outlook for 2024 unchanged, 30 April 2024

Cargotec estimates1 Hiab’s comparable operating profit margin in 2024 to be above 12 percent, Kalmar’s comparable operating profit margin in 2024 to be above 11 percent, and MacGregor’s comparable operating profit in 2024 to improve from 2023 (EUR 33 million).

1) The business area 2024 profitability outlook is presented using the same principles which are applied in the 2023 external financial reporting.

Outlook for 2024, 1 February 2024

Cargotec estimates1 Hiab’s comparable operating profit margin in 2024 to be above 12 percent, Kalmar’s comparable operating profit margin in 2024 to be above 11 percent, and MacGregor’s comparable operating profit in 2024 to improve from 2023 (EUR 33 million).

1) The business area 2024 profitability outlook is presented using the same principles which are applied in the 2023 external financial reporting.

Outlook Q3 2010, 27 October 2010

Guidance published 18 October 2010 reiterated: Cargotec continues to estimate 2010 sales to be on 2009 level for both Industrial & Terminal and Marine segments. Operating profit for 2010 is expected to be in the range of EUR 120-130 million including one-time restructuring costs.The recovery in the market environment and the resulting growth in order volumes support growth in Industrial. The sales of Terminal are expected to fall short of 2009 levels due to the slower recovery of these markets, as second half orders will not have an effect on full-year sales due to delivery times. Based on the healthy nine-month development, strong order book and new orders received still to be delivered during 2010, sales in Marine will reach year 2009 level.

 

Outlook 18 October 2010

Based on the operational performance in the third quarter and particularly in September, Cargotec’s visibility on the timing and profitability of deliveries during the remainder of the year has increased. As a result Cargotec specifies upwards its operating profit guidance. Operating profit for 2010 is estimated to be in the range of EUR 120–130 million. Earlier operating profit was estimated to exceed EUR 100 million. Both the previous and now specified operating profit guidance includes one-time restructuring costs.Cargotec repeats its sales guidance published in July. Cargotec’s 2010 sales are estimated to be on 2009 level for both Industrial & Terminal and Marine reporting segments.

 

Outlook Q2 2010, 21 July 2010

Cargotec continues to estimate 2010 consolidated sales to be on 2009 level for both Industrial & Terminal and Marine segments and consolidated operating profit to exceed EUR 100 million. The recovery in the market environment and the resulting growth in order volumes support growth in Industrial. The sales of Terminal are expected to fall short of 2009 levels due to the slower recovery of these markets, as second half orders will have a minor effect on full-year sales due to delivery times. Based on the healthy first half development, strong order book and new orders received still to be delivered during 2010, sales in Marine will reach year 2009 level.

 

Outlook Q1 2010, 29 April 2010

There are tentative positive signs visible in the order intake for the Industrial business whereas uncertainty continues in the Terminal business. Based on the strong order book, sales in the Marine business are expected to remain on a healthy level in 2010. Cargotec’s 2010 sales are estimated to be on 2009 level and operating profit to exceed EUR 100 million.

 

Outlook Q4 2009, 3 February 2010

There are tentative positive signs visible in the order intake for industrial business. Uncertainty continues in port terminal business. Based on the strong order book, sales in marine cargo handling business are expected to remain on a healthy level in 2010. Cargotec's 2010 sales are estimated to be on 2009 level and operating profit to exceed EUR 100 million. It is estimated that still a few million euro in restructuring costs from currently ongoing restructuring measures will be booked during early-2010.

What do you think of the site?