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Cargotec as an investment

Why invest in Cargotec

Additional information

On 27 April 2023, Cargotec's Bopard of Directors decided to investigate and initiate a process to potentially separate its core businesses Kalmar and Hiab into two standalone companies. On 30 May 2024, Cargotec's Annual General Meeting resolved on the partial demerger of Cargotec Corporation in accordance with the demerger plan. On 30 June 2024, the completion of the partial demerger of Cargotec Corporation was registered with the Finnish Trade Register. Read more

Outlook

Outlook for 2025, 12 February 2025

Cargotec estimates its continuing operations' comparable operating profit margin in 2025 to be above 12.0 percent (2024: 13.2 percent).

Year 2023

Outlook for 2023 unchanged, 26 October 2023

Cargotec estimates its core businesses’(1) 2023 comparable operating profit
to improve from 2022 (EUR 384 million(2)) and MacGregor’s comparable operating profit in 2023 to be positive (EUR -47(2) million).(3)

  1. Core businesses = Hiab + Kalmar excluding heavy port cranes and including all group costs
  2. Cargotec changed the definition of the alternative performance measure comparable operating profit starting from 1 January 2023. The restated comparable operating profit will also include the impacts of the purchase price allocation, which amounted to EUR 4 million in the core business and EUR 12 million in MacGregor in 2022. Comparison figure has been calculated based on the new definition. Restatement for 2022 figures will be published before Q1/23 result announcement. 
  3. Cargotec’s outlook for 2023 does not include the comparable operating profit of Kalmar heavy cranes business which will be discontinued

Outlook for 2023 unchanged, 20 July 2023

Cargotec estimates its core businesses’(1) 2023 comparable operating profit
to improve from 2022 (EUR 384 million(2)) and MacGregor’s comparable operating profit in 2023 to be positive (EUR -47(2) million).(3)

  1. Core businesses = Hiab + Kalmar excluding heavy port cranes and including all group costs
  2. Cargotec changed the definition of the alternative performance measure comparable operating profit starting from 1 January 2023. The restated comparable operating profit will also include the impacts of the purchase price allocation, which amounted to EUR 4 million in the core business and EUR 12 million in MacGregor in 2022. Comparison figure has been calculated based on the new definition. Restatement for 2022 figures will be published before Q1/23 result announcement. 
  3. Cargotec’s outlook for 2023 does not include the comparable operating profit of Kalmar heavy cranes business which will be discontinued

Outlook for 2023 unchanged, 27 April 2023

Cargotec estimates its core businesses’(1) 2023 comparable operating profit
to improve from 2022 (EUR 384 million(2)) and MacGregor’s comparable operating profit in 2023 to be positive (EUR -47(2) million).(3)

  1. Core businesses = Hiab + Kalmar excluding heavy port cranes and including all group costs
  2. Cargotec changed the definition of the alternative performance measure comparable operating profit starting from 1 January 2023. The restated comparable operating profit will also include the impacts of the purchase price allocation, which amounted to EUR 4 million in the core business and EUR 12 million in MacGregor in 2022. Comparison figure has been calculated based on the new definition. Restatement for 2022 figures will be published before Q1/23 result announcement. 
  3. Cargotec’s outlook for 2023 does not include the comparable operating profit of Kalmar heavy cranes business which will be discontinued

Outlook for 2023, 2 February 2023

Cargotec estimates its core businesses’(1) 2023 comparable operating profit
to improve from 2022 (EUR 384 million(2)) and MacGregor’s comparable operating profit in 2023 to be positive (EUR -47(2) million).(3)

  1. Core businesses = Hiab + Kalmar excluding heavy port cranes and including all group costs
  2. Cargotec changed the definition of the alternative performance measure comparable operating profit starting from 1 January 2023. The restated comparable operating profit will also include the impacts of the purchase price allocation, which amounted to EUR 4 million in the core business and EUR 12 million in MacGregor in 2022. Comparison figure has been calculated based on the new definition. Restatement for 2022 figures will be published before Q1/23 result announcement. 
  3. Cargotec’s outlook for 2023 does not include the comparable operating profit of Kalmar heavy cranes business which will be discontinued
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