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Browse all Cargotec’s investor publications in this section. In case you need additional information, please contact Cargotec Investor Relations team.
This section contains Cargotec's IR newsletters, mainly published quarterly before the three-week silent period. You can find the most recent letter below.
The second quarter of 2020 is soon ending, and we would like to remind you of some of the quarter's most important events. Cargotec’s January–June 2020 interim report will be published on Friday, 17 July 2020, and the silent period will commence on Friday, 26 June 2020. If you would like to book a call with us before our silent period, please contact Tiina (tiina.aaltonen@cargotec.com).
Cargotec Corporation will disclose the following financial information in 2020:
| Date (and booking quarter) | Business area | Description | Country/ Customer | Value |
| 4 June (Q2/20) | Kalmar | Three Kalmar Zero Emission rubber-tyred gantry (RTG) cranes | Brazil/Klabin | Not disclosed |
Cargotec’s Annual General Meeting was held on 27 May 2020 in Helsinki, Finland. Due to coronavirus pandemic restrictions, shareholders were advised not to participate in the meeting in person, but to follow it via the video presentation. In his presentation, Cargotec’s CEO Mika Vehviläinen concentrated on Cargotec’s financial results in 2019, company performance during the first quarter of 2020, and Cargotec’s Climate Ambition.
Watch the video - Chairman of the Board at the 2020 AGM
Watch the video - CEO review at the 2020 AGM
On 27 May, we announced our commitment to the United Nations Global Compact’s Business Ambition for 1.5°C (see below for more information). In his recent blog, Cargotec's CEO Mika Vehviläinen writes about his concerns about what kind of world we leave for our children and their children. Even when climate change represents a significant business opportunity for us in Cargotec, "we have an opportunity - an obligation - to serve our customers with solutions that enable us to live in a better world."
On 9 June, we held a virtual sell-side analyst call with 14 analysts participating over the web. In the call, Cargotec's CEO Mika Vehviläinen went through the corona virus impact on our business, our financial position, the latest development on sustainability (see below for more information), among others.
Sell-side analyst call presentation
On 3 June, Kalmar and MacGregor announced their participation in AEGIS, a three-year project funded by the EU’s Horizon 2020 Research and Innovation programme. The AEGIS project aims to integrate smaller ships, inland transport and short-sea shipping with larger terminals to create a completely new European transport system (AEGIS stands for Advanced, Efficient and Green Intermodal Systems).
On 2 June, we announced the completion of the sale of the share of the joint venture Rainbow-Cargotec Industries Co., Ltd (RCI) in China. As part of the agreement, Cargotec acquired certain operations and assets of the joint venture from Jiangsu Rainbow Heavy Industries Co., Ltd. (RHI), and ca. 160 employees have moved over from RCI to Kalmar.
On 27 May, we announced our commitment to the United Nations Global Compact’s Business Ambition for 1.5°C, joining leading companies in a promise to pursue science-based measures to limit global temperature rise to 1.5°C. By making this commitment, Cargotec strives to mitigate climate change through making the logistics industry more efficient and in developing solutions to enable a low-carbon economy.
Safety is important to all of us, and during the coronavirus crisis we have strictly complied with regulatory travel and social restrictions. With this in mind, our investor meetings are now virtual meetings, where we share material via Google Meet.
During Q2 2020, Cargotec's Investor Relations held many virtual roadshows over the web, and we will continue to offer those in the future as well.
Visit the IR calendar section on the Cargotec website for more information about upcoming and past events.
What would you like to ask about Cargotec as an investment? Cargotec's IR team is looking for questions especially from investors and analysts for our next IR blog Q&A. Send your questions via our web form www.cargotec.com/feedback.
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.
Take a look at the latest Vara consensus estimates.
The fourth quarter of 2017 has ended, and we would like to remind you of some highlights of the quarter. Cargotec’s financial statements review 2017 will be published on 8 February 2018. The silent period will commence on 18 January 2018. If you would like to book a call with us before that, please contact Tiina (tiina.aaltonen@cargotec.com).
Orders announced during Q4 2017
|
Date |
Business unit |
Description |
Country / customer |
Value |
|
Kalmar |
Four automated straddle carriers and an emulation system |
Germany |
Not disclosed |
|
|
Kalmar |
12 Classic Straddle Carriers |
Russia |
Not disclosed |
|
|
MacGregor |
Orders to optimise the container carrying capabilities of 31 MSC Mediterranean Shipping Company vessels |
Mediterranean shipping company |
Not disclosed |
|
|
Kalmar |
Two rail-mounted gantry cranes (RMGs) for intermodal operation |
Spain |
Not disclosed |
|
|
MacGregor |
Fabrication, engineering and project management of a complete subsea mooring and riser system |
Bangladesh-based company |
Not disclosed |
|
|
Kalmar |
Ten Kalmar Rough Terrain Container Handlers (RTCH) |
North America |
Approx. EUR 10 million |
|
|
Kalmar |
Xvela collaborative stowage solution |
Ocean Network Express |
Not disclosed |
|
|
Kalmar |
Siwertell ST 490-M ship unloader |
Norway |
Not disclosed |
Other announcements during Q4 2017
On 21 December, Kalmar signed an agreement to acquire the port services business of Inver Engineering in Australia. Inver Port Services sales account for approximately EUR 5 million and it employs 23 people.
On 21 December, MacGregor signed an agreement to acquire Rapp Marine Group (RMG) in order to strengthen its offering for the fishery and research vessel segment. The enterprise value of the acquisition was approximately EUR 16 million. Rapp Marine Group’s sales in 2017 is estimated to be approximately EUR 40 million, of which approximately 30% is related to services.
On 29 November, Kalmar announced the introduction of new essential range of reachstackers, empty container handlers and forklifts and TL2 terminal tractor in Asia-Pacific region.
On 9 November, MacGregor announced a plan to achieve annual cost savings of approximately EUR 13 million. According to preliminary estimates, the planned efficiency improvement actions may lead to the reduction of approximately 190 employees globally.
On 9 October, Cargotec announced its financial calendar for 2018. The dates for result publications are:
- Financial Statements review 2017, on Thursday, 8 February 2018
- Interim report January-March 2018, on Tuesday, 24 April 2018
- Half year financial report January-June 2018, on Thursday, 19 July 2018
- Interim report January-September 2018, on Friday, 26 October 2018
Investor activities and events during Q4 2017
Cargotec’s investor relations organised an investor day for Hiab on 1 December in Helsinki. The event included presentations by Hiab’s President Roland Sundén, CFO Simon Greaves, Services VP Anna Almlöf as well as New Business Solutions VP Jan-Erik Lindfors. Take a look at the presentation material, webcast, interviews with Hiab’s management as well as the IR blog posting about the event.
In addition to the Hiab Investor Day, we hosted roadshows in London, Edinburgh, Amsterdam, Singapore, Hong Kong, Tokyo, Chicago and New York. CFO lunch, targeted to sell-side analysts, was also organised in Helsinki.
New content on the website
Announced orders are available here
M&A history in new format
Have you already visited the IR video gallery?
Consensus
Take a look at the latest consensus estimates.
Upcoming activities
We will host a site visit to the production facilities of Hiab and Kalmar in Stargard Szczecinski, Poland, on 28 March 2018. The Annual General Meeting will take place in Helsinki on 20 March. Take a look at our IR calendar for other upcoming events. The preliminary roadshow program has also been updated to our calendar.
Updated 11 January 2018
