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Investor relations

Additional information

Cargotec is committed to communicating actively and openly with all stakeholders irrespective of whether the information is positive or negative for the company. All communications are performed in a transparent, credible, proactive and consistent manner. The aim is to provide reliable and timely information in support of a fair valuation of the company's shares.

Cargotec does not conduct any meetings with capital market representatives during a three-week period prior to the publishing of financial statements or interim reports.

Investor relations in 2021

This text is an extract from the Cargotec Annual report 2021. Links to the 2021 annual report can be found on this same page.

The coronavirus pandemic began in 2020 and was still impacting the travel and meeting opportunities in 2021. The safety and health of our employees, customers and partners were of key importance in all Cargotec’s operations and Cargotec’s investor relations also adjusted its activities accordingly.

In 2021, investor and analyst meetings organised by Cargotec’s investor relations were predominantly virtual: participants convened online via various web conferencing applications while the material was distributed virtually to meeting participants. Towards the end of the year physical meetings were also held. Members of the investor relations team also participated in some investor meetings abroad. In total, the investor function organised tens of virtual meetings in 2021. The team members hosted the meetings and many meetings were
attended by Cargotec’s CEO Mika Vehviläinen or CFO Mikko Puolakka, giving insight about Cargotec as an investment to those attending the meetings. In addition, Cargotec’s Investor Relations function participated in various investor meetings organised by brokerage firms; in many cases Cargotec’s CEO or CFO was also attending these meetings.

The Investor Relations team produced 17 videos in 2021. The videos presented Cargotec’s operations from many perspectives, covering interim report information and business areas, as well as strategy development during the year. At the end of 2021, the videos have been viewed about 7,500 times on Cargotec’s Youtube channel.

The IR team wrote seven blog texts in 2021, which were published on the company website The blog topics ranged from interim report Q&A to tips about how to create and maintain winning investor relations web content.

In March, the IR team arranged a sustainability presentation for analysts. In the event, Cargotec’s sustainability team presented current topics like the upcoming EU taxonomy and governance. The event was well attended with over 40 participants including sell-side analysts, equity and debt investors as well as bankers. The event recording has received about 400 views at Cargotec’s Youtube channel.

Another significant virtual event was organised in September, when the IR team invited institutional investors and analysts to acquaint themselves with Hiab’s business. At the event, Hiab’s President Scott Phillips, SVP Hiab Finance Simon Greaves, SVP Services Michaël Bruninx and VP Strategy Hermanni Lyyski gave a Hiab business update and answered questions. About 50 analysts and investors attended the event. The event recording has been viewed about 600 times.

In December, the IR team held a traditional Cargotec Christmas lunch meeting for analysts. This time the meeting was arranged as a hybrid meeting where the participants were able to attend the meeting either in person in Helsinki, Finland, or virtually, participating in the discussion and viewing the presentation over the web. Cargotec’s CEO Mika Vehviläinen and CFO Mikko Puolakka were present in the meeting with about 12 analysts attending mainly from Europe and the Nordic countries.

With the aim to continuously improve investor relations, the IR team executed several development projects during 2021. As an example, a website analytics dashboard was taken into use during the year. The dashboard focuses specifically on monitoring the performance and usage of investor pages. The IR newsletter service was actively developed as well during the year.

Cargotec IR in social media
Cargotec’s IR team has been actively using social media to engage and serve private investors in particular. Cargotec’s social media channels regularly post content of interest to investors, which can also be followed through the hashtag #CargotecIR. The intention has been to serve investors in their preferred channels.

Cargotec’s Instagram account Cargotecglobal was launched in 2021. The account highlights significant events and announcements from both Cargotec and its business areas. The IR team has taken an active role in maintaining and providing content to the account. In addition to Cargotec’s corporate accounts, members of the investor relations team, especially Investor Relations Director Aki Vesikallio, have personally been active on social media to create discussion and distribute content to the target audience.

Cargotec’s LinkedIn account is quite popular, with more than 40,000 people currently following the company’s activities through this channel. The number of Cargotec followers in LinkedIn increased by almost 15 percent. The IR team actively updates LinkedIn, providing updates about Cargotec and its business area events, financial releases and other topics of interest to LinkedIn users.

In May, the Finnish Foundation for Share Promotion and the Finnish Society of Financial Analysts nominated Cargotec’s IR pages the best in Finland in 2021. The competition aims to improve the investor communications of companies listed on the Helsinki Stock Exchange. According to the jury, Cargotec’s IR pages provide relevant information to investors in a versatile and easy-to-use manner. Cargotec was also praised for its active investor relations work.

Webranking by Comprend ranks yearly the corporate websites of European companies to evaluate how well they meet the needs and expectations of their stakeholders, such as analysts, investors, jobseekers, and the media. From Finland, Webranking by Comprend evaluated the web pages of the 50 largest companies, placing Cargotec as the 5th top website performer in Finland. The position improved as in the previous year Cargotec’s ranking was 8.

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