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Reports & presentations

Financial statements review 2020

Release Presentation Webcast

Browse all Cargotec’s investor publications in this section. In case you need additional information, please contact Cargotec Investor Relations team.

IR Newsletter

This section contains Cargotec's IR newsletters, mainly published quarterly before the three-week silent period. You can find the most recent letter below.

Pre-silent newsletter Q4/2020

The fourth quarter of 2020 is behind us, and we would like to remind you of some of the quarter's most important events. Cargotec’s Financial Statements review 2020 will be published on Thursday, 4 February 2021, and the silent period will commence on Thursday, 14 January 2021. If you would like to book a call with us before our silent period, please contact Tiina (tiina.aaltonen@cargotec.com).

Cargotec’s financial information in 2021

Cargotec Corporation will disclose the following financial information in 2021:

  • Financial Statements review 2020, on Thursday, 4 February 2021
  • Interim report January-March 2021, on Wednesday, 28 April 2021
  • Half year financial report January-June 2021, on Wednesday, 28 July 2021
  • Interim report January-September 2021, on Thursday, 28 October 2021

Cargotec's Financial Statements 2020 and Annual Report 2020 will be available at www.cargotec.com on week 8.

The Annual General Meeting of Cargotec Corporation will be held on Tuesday, 23 March 2021.

Orders announced in Q4/2020

Date (and booking quarter) Business area Description Country/ Customer Value
7 January 2021 (Q4/2020) Kalmar 6 hybrid RTGs equipped with a suite of Kalmar SmartPort process automation solutions and a two-year M&S Services agreement for the Kalmar SmartPort software USA/Total Terminals International, LLC EUR 11 million
4 January 2021 (Q4/2020) Kalmar 42 next-generation electric (NGE) straddle carriers USA/Maher Terminals LLC Not disclosed
17 December (Q4/20) Kalmar Approximately 400 terminal tractors Not disclosed Over EUR 30 million
16 November (Q4/20) Kalmar six-year Kalmar Care service agreement covering the supply of maintenance support personnel North Ireland/Belfast Container Terminal Ltd. Not disclosed

All announced orders

Other announcements

On 18 December, Cargotec’s Extraordinary General Meeting resolved to approve the merger of Cargotec and Konecranes and the resolutions relating to the merger proposed to the general meeting. See below for more information about the merger.

On 3 December, we announced that Cargotec the Board of Directors has decided to initiate the actual sales process of Navis. We had earlier announced that we are evaluating the strategic options of Navis, which would include new ownership structures or a potential sale of Navis software business.

Also on 3 December, we announced that the Finnish Financial Supervisory Authority has approved the merger prospectus concerning the combination of Cargotec and Konecranes.

On 28 October, we announced that the Board of Directors has decided to establish a new share-based incentive programme for the Group key employees. The new Restricted Share Unit Programme 2020 is intended to function as a bridge programme for the transition period before the closing of the Transaction and forming the combined company in the merger.

On 9 October, we announced that the judicial process concerning Cargotec has been completed in the US. The claim was based on Cargotec allegedly having breached confidentiality obligations related to the negotiations. On 2 October 2020, the Supreme Court of Texas denied Cargotec’s opponent’s Petition for Review.

On 1 October, we announced that Cargotec's and Konecranes' respective Boards of Directors had signed a combination agreement and a merger plan to combine the two companies through a merger. More information about the merger.

Read about our strategy progress in 2020

Our current strategy period runs until end-2021. We have made good progress in services, digitalisation and productivity. The importance of sustainability continues to increase. Read about how our strategy progressed during 2020. Watch a video about the strategy progress in 2020.

Analyst calls held during Q4

On 8 December, we held a virtual sell side analyst call. In the call, Cargotec's CEO Mika Vehviläinen discussed Cargotec's and Konecranes' 1 October announcement and answered the participants' questions, among others.

Analyst call presentation (EGM material)

Investor activities and events during Q4 2020

During Q4, our investor meetings have been virtual meetings where we have convened online and shared material virtually. Even though we miss meeting you in person and having informal discussions on the road, according to your feedback and participation the virtual meetings have worked well, and we thank you for your support and cooperation.

While the coronavirus situation prevails, we continue with high safety standards, following the regulatory travel and social restrictions.

Visit the IR calendar section on the Cargotec website for more information about upcoming and past events.

Have a look at our videos

We created several videos during the quarter, and focused particularly on MacGregor.

  • Have a look at how MacGregor's TTS integration process has proceeded and what are its main learnings.
  • MacGregor has been investing in applying its offshore technology knowledge into enabling the progression of renewable energy. See the video about the progress.
  • Another offshore wind business video can be found here: our IR Director Aki Vesikallio interviews MacGregor's Jane Chen and Leif Byström.
  • Have a look at the strategy progress video which was also created during the quarter.

Take a look at these contents on our website

Cargotec maintains a list with all mergers and acquisitions as well as divestments on the investor webpage - take a look at it here.

Cargotec’s investor relations offers a podcast channel in Finnish and English, listen to it here. Both Finnish and English podcasts are also available on iTunes.

Consensus

Take a look at the latest Vara consensus estimates.

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