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Reports & presentations

January–March 2021 interim report

Release Teleconference Webcast Presentation material

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 Q1/2021

The first quarter of 2021 is soon behind us, and we would like to remind you of some of the quarter's most important events. Cargotec’s interim report January-March 2021 will be published on Wednesday, 28 April 2021, and the silent period will commence on Wednesday, 7 April 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:

  • Annual General Meeting, on Tuesday, 23 March 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

Orders announced in Q1/2021

Date (and booking quarter) Business area Description Country/ Customer Value
15 March (Q1/21) Kalmar 11 reachstackers, four empty container handlers and 12 heavy terminal tractors YILPORT Holding Inc. Not disclosed
11 March (Q1/21) MacGregor Wide range of electrically operated equipment, quarter stern ramps and doors, side ramps and doors, internal ramps and covers, internal doors, a liftable car deck, and the patented Load Monitoring System Japan/Nippon Yusen Kaisha (NYK Line) Not disclosed
9 March
(Q1/21)
Kalmar 12 fully automated AutoStrad™ straddle carriers Australia/Patrick Terminals Not disclosed
8 March (Q1/21) Kalmar 2 rubber-tyred gantry cranes (RTGs), 3 reachstackers, 2 empty container handlers, 6 terminal tractors Laos/Sitthi Logistics (Thailand) Co., Ltd. Not disclosed
24 February (Q1/21) Hiab 100 HIAB loader cranes UK/MV Commercial over EUR 5.7 million
17 February (Q1/21) Kalmar 10 hybrid straddle carriers Netherlands/Hutchison Ports ECT Rotterdam Not disclosed

All announced orders

Other announcements

On 24 February, we announced that Cargotec Corporation's Board of Directors has decided to exercise the authorisation of the Annual General Meeting on 27 May 2021 to repurchase company's own shares. Cargotec will repurchase 75,691 class B shares to be used as reward payments for Cargotec's share-based incentive programmes. The shares will be purchased at public trading on Nasdaq Helsinki Ltd. at the market price. The repurchases started on 25 February 2021.

On 4 February, we announced that the Board of Directors has resolved on the performance criteria for the share-based incentive programme for the year 2021. The performance share programme, approved by the Board of Directors in 2020, includes three performance periods, calendar years 2020–2022, 2021–2023 and 2022–2024. Each performance period includes one to three measuring periods.

On 28 January, we announced that Cargotec has closed the syndication regarding an EUR 300 million Term Loan Facility. The syndication was launched on the 30th November 2020 and the commitments received from the banks in the syndication led to significant oversubscription.

On 12 January, we announced that MacGregor concluded a settlement agreement on the TTS marine and offshore businesses purchase price.The settlement amount will have an approximately EUR 7 million positive impact on MacGregor’s first quarter 2021 operating profit.

2020 annual report provides extensive material from throughout the year

Cargotec's annual report 2020 and financial statements for the financial year 1 January–31 December 2020 was published in February. The report consists of the annual review, financial review, corporate governance statement and remuneration report.

Along with the annual report, we have collected other interesting 2020-related stories under one roof at the address www.cargotec.com/2020. Stories cover topics like strategy progress and business area activities in 2020, and our response to COVID-19 pandemic, among others.

CEO Mika Vehviläinen reviews the year 2020 (video)

Sustainability IR event held in March

Cargotec's Investor Relations arranged a sustainability presentation for analysts in early March. In the event, Päivi Koivisto, Cargotec's VP Sustainability, and Noora Jukkola, Manager Sustainability, presented Cargotec's sustainability approach, covered current topics like taxonomy and governance, and answered questions from the audience.

Watch a recording of the event

Our most recent videos - AGM, business areas, service business

We created several videos during the first quarter. Have a look at the pre-recorded Annual General Meeting reviews from our Chairman of the Board of Directors, Ilkka Herlin, and CEO Mika Vehviläinen. Below please also find links to videos where our business area presidents summarise their business area performances in 2020, and our service business leaders present their views on their respective businesses.

Other activities and events during Q1 2021

During Q1, our investor meetings have been virtual meetings where we have convened online and shared material virtually. Joining the IR staff, our CEO Mika Vehviläinen and CFO Mikko Puolakka have provided insights and knowledge about Cargotec, its business areas, and the business environment.

While the coronavirus situation prevails, we continue with high safety standards, following the regulatory travel and social restrictions. We thank you for your support and appreciate the positive feedback we have received about the meetings.

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

Take a look at these contents on our website

In our IR blog section, VP IR Hanna-Maria Heikkinen writes about investor relations in the WSB era: who has the right to give recommendations and who should retail investors listen to? Read also about the most frequently asked Q4 2020 questions, and many other stories.

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.

Q4/19 pre-silent newsletter

The fourth quarter of 2019 is coming to its end, and we would like to remind you of the most important events of the quarter. Cargotec’s financial statements review 2019 will be published on Thursday,6 February 2020.  

Cargotec’s financial information in 2020

Cargotec’s Financial Statements review 2019 will be published on Thursday, 6 February 2020 at approximately 9:00 AM EET.

Orders announced in Q4/2019

Date (and booking quarter) Business area Description Country/ Customer Value
23 December (Q4/19) Kalmar 4 Kalmar Zero Emission rubber-tyred gantry cranes (RTGs), 1 reachstacker, 1 empty container handler, 2 forklift trucks Mauritania/ARISE Mauritania Not disclosed
2 December (Q4/19) Kalmar Six diesel-electric straddle carriers Finland/Steveco Not disclosed
29 November (Q4/19) MacGregor MacGregor equipment and TTS products Europe/Not disclosed Not disclosed
24 October (Q4/19) Kalmar Six Kalmar Zero Emission rubber-tyred gantry (RTG) cranes and Kalmar SmartPort solutions, part of the Kalmar One automation system Turkey/Asyaport Not disclosed

Other announcements during Q4/2019

On 8 October, Cargotec announced the appointment of Aki Vesikallio as Investor Relations Director to Cargotec's IR team. Aki joined Cargotec from Outokumpu, where he worked as Investor Relations Manager. "Aki has solid experience from both investor relations and the banking sector, and we are excited to have him strengthen our team," says Hanna-Maria Heikkinen, VP, Investor Relations, Cargotec.

On 1 October, Cargotec's Board of Directors confirmed the record date and payment date of the second instalment of the dividend. The payment date was 10 October 2019. Cargotec Corporation's Annual General Meeting approved on 19 March 2019 a dividend of EUR 1.09 be paid for each of class A shares and a dividend of EUR 1.10 be paid for each of class B shares outstanding. The dividend was paid in two instalments, in March and October 2019.

Investor activities and events during Q4 2019

During Q4 2019, Cargotec's Investor Relations held roadshows in Europe (Frankfurt, London), and in the US (New York, Boston and Chicago). We also held a presentation in the Danske Winter Seminar in Copenhagen, Denmark.

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

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.

In recent Cargotec IR blog entries, VP IR Hanna-Maria Heikkinen writes about how companies can talk about sustainability so that it resonates better with investors, while IR Director Aki Vesikallio shares his first experiences on how to understand Cargotec as an investment case.

 

Our latest outlook

Outlook for 2019, as stated in the January-September 2019 interim report:

Cargotec reiterates its outlook published on 8 February 2019 and expects its comparable operating profit for 2019 to improve from 2018 (EUR 242.1 million).

Consensus

Take a look at the latest Vara consensus estimates.


Upcoming activities

On 26 February 2020, we arrange an event in Helsinki, Finland, where Stefan Lampa, President of Kalmar Mobile Solutions, will give an update on the mobile solutions business. Please contact Tiina (tiina.aaltonen@cargotec.com) if you are interested to participate in the event.

Take a look at our IR calendar for other upcoming events and roadshows in 2019.

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