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Cargotec as an investment

Why invest in Cargotec?

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Cargotec is a technology leader with strong market positions in all business areas, Kalmar, Hiab and MacGregor. We have leading brands in markets with long term growth potential and several megatrends, such as urbanisation and growing middle class, support our businesses.

Our aim is to transform from an equipment provider into a leader in intelligent cargo handling. We will achieve this by focusing on our four strategic must-win battles: customer centricity,  services, digitalisation and productivity.

Outlook

Outlook for 2020, 17 July 2020

Visibility towards the end of the year is still weak. In the current exceptional situation Cargotec
estimates that it is not able to give guidance for the year 2020. During the second half of the year,
Cargotec estimates its business and operating environment to develop as follows:

  • The recovery of market activity continues
  • The delivery capability of Cargotec and its supply chain continues to improve
  • Productivity improvements support profitability in the future as well

Outlook for 2020, 23 April 2020

On 27 March 2020, Cargotec updated its outlook for 2020 due to the coronavirus pandemic and related political decisions and administrative restrictions. In the current exceptional situation Cargotec estimated that it is not able to give a guidance for the year 2020. Cargotec publishes a new guidance at a later date.

Previous guidance (given on 6 February 2020): Cargotec expects its comparable operating profit for 2020 to improve from 2019 (EUR 264 million).

In the second quarter, there are significant challenges in relation to deliveries and demand. Cargotec estimates a significant decline in orders, sales, comparable operating profit and cash flow in the second quarter compared to the second quarter of 2019. During the first weeks of April 2020, Cargotec’s orders received have significantly decreased from the comparison period. Due to the challenging operating environment, visibility towards the end of the year is currently weak.

27 March 2020: Cargotec lowers its 2020 financial outlook and withdraws its guidance for 2020, gives a new guidance later

Cargotec updates its outlook for 2020 due to the coronavirus pandemic and related political decisions and administrative restrictions. In the current exceptional situation Cargotec estimates that it is not able to give a guidance for the year 2020.

Restrictions set by the authorities related to the coronavirus pandemic, as well as the increasing uncertainty, have slowed the decision making among customers and negatively affected Cargotec’s orders and delivery schedules. There are risks associated with the timing of the current order book deliveries, and the visibility is weak.

Cargotec has initiated measures to adjust its cost structure. The measures include the objective of shifting the management and office workers to a four-day working week with a corresponding reduction in salaries, subject to local legislation; a reduction of external services, as well as minimising travel. Cost structure adjustments will continue as the situation requires.

Cargotec publishes a new guidance at a later date.

Outlook for 2020, 6 February 2020

Cargotec expects its comparable operating profit for 2020 to improve from 2019 (EUR 264 million).

Outlook Q3 2011, 27 October 2011

Cargotec reiterates its 2011 guidance: Cargotec's 2011 sales are estimated to grow approximately 20 percent based on healthy January - September order intake. Cargotec's 2011 operating profit margin is estimated to be approximately 7 percent.

 

Outlook Q2 2011, 21 July 2011

Cargotec reiterates its 2011 guidance: Cargotec’s 2011 sales are estimated to grow approximately 20 percent. Healthy first half order intake both in Industrial & Terminal and Marine segments together with the recovery in the market situation support a more positive growth expectation. Sales growth and significant efficiency improvement measures executed during the past years, support profitability, but there is cost pressure on the markets. Cargotec’s 2011 operating profit margin is estimated to be approximately 7 percent.

 

Outlook Q1 2011, 28 April 2011

Cargotec’s 2011 sales are estimated to grow approximately 20 percent. Healthy first quarter order intake both in Industrial & Terminal and Marine segments together with the recovery in the market situation supports a more positive growth expectation. Sales growth and significant efficiency improvement measures executed during the past years, support profitability, but there is cost pressure on the markets. Cargotec’s 2011 operating profit margin is estimated to be approximately 7 percent.In February, Cargotec’s 2011 sales were estimated to grow over 10 percent and 2011 operating margin was estimated to continue to improve.

 

Outlook Q4 2010, 3 February 2011

Cargotec’s 2011 sales are estimated to grow over 10 percent based on estimated strong growth both in the Industrial & Terminal and Marine segments. The recovery in the market situation and increased order intake are estimated to boost growth for Industrial & Terminal while the strong order book in the beginning of the year is estimated to support growth in Marine sales. Cargotec’s 2011 operating profit margin is estimated to continue to improve as a result of growth and significant efficiency improvement measures executed during the past years.

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