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Reports & presentations

January–September 2021 interim report to be published on Thursday, 28 October 2021

Invitation release 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 Q3/2021

As the third quarter of 2021 is soon coming to its end, we would like to highlight some of the most notable events of the period. Cargotec’s Interim report January–September 2021 will be published on Thursday, 28 October 2021, and the silent period starts on Thursday, 7 October 2021.

Remember to register to our pre-silent call
We will arrange a pre-silent call with our CFO Mikko Puolakka on 4 October at 11am EEST . Please register to the call via this form no later than on Thursday 30 September, if you haven't already done so.

Cargotec’s financial information

Cargotec Corporation will publish its interim report January–September 2021 on Thursday, 28 October 2021.

Announced orders in Q3 2021

Date (booking quarter) Business area Description Country/ Customer Value
29 September (Q3/21) Kalmar two new-generation Kalmar Zero Emission rubber-tyred gantry cranes (RTGs), two Kalmar Essential empty container handlers and a Kalmar Essential reachstacker Indonesia/PT. Riau Andalan Pulp and Paper (RAPP) Not disclosed
16 September (Q3/21) Kalmar 15 medium electric forklift trucks France/SEAC

Not disclosed (large order)

26 August (Q3/21) Kalmar 18 hybrid shuttle carriers US/The Port of Virginia®

Not disclosed

28 July (Q3/21)
Kalmar 12 diesel-electric straddle carriers Italy/Medcenter Container Terminal

Not disclosed

All announced orders

Other releases from Q3

In September, Cargotec and SSAB agreed to work on the introduction of fossil-free steel to the cargo handling industry. “I am proud that we are paving the way in the cargo handling industry through commitment to using fossil-free steel and have this unique opportunity to work with a forerunner in fossil-free steel development,” says Mika Vehviläinen, CEO of Cargotec.

Also in September, Hiab completed the acquisition of the US demountables manufacturer Galfab. The acquisition broadens Hiab’s demountable portfolio while Galfab’s equipment will be included in Hiab’s nationwide US sales and service network. Galfab makes roll-off hoists and related equipment for the domestic waste industry and employs around 100 people.

In July, Cargotec completed the sale of its Navis business to the US technology investment firm Accel-KKR for an enterprise value of EUR 380 million. Accel-KKR transferred EUR 350 million of the enterprise value to Cargotec and obtained control of Navis' business. The remaining EUR 30 million of the enterprise value will be transferred to Cargotec by the end of 2021. Cargotec estimates that the transaction will have approximately EUR 240 million positive impact on its operating profit in 2021.

All releases

Merger-related activities during Q3 2021

On 10 August, we announced that the State Administration for Market Regulation has approved the merger between Cargotec and Konecranes in China. Cargotec and Konecranes have received unconditional approval from the State Administration for Market Regulation, the competition authority in China, for their planned merger.

On 6 August, we announced that the Boards of Directors of Cargotec and Konecranes have agreed to select Mika Vehviläinen as the President and CEO of the Future Company, and the Board of Directors of Cargotec has made the appointment accordingly. The appointment of Mika Vehviläinen will become effective upon completion of the Transaction which is currently expected to take place by the end of H1/2022.

On 2 July, we announced that the EC has opened a Phase II review in connection with the planned Transaction. The Phase II review is a common step in the EC merger review of global transactions of this size. Phase II will enable the EC to consider the contemplated transaction in further detail.

On 1 October 2020, Cargotec Corporation and Konecranes Plc announced that the companies have signed a combination agreement and plan to combine through a merger, subject to regulatory and other approvals (the “Transaction”). The companies are confident that the approvals are received to allow completion of the Transaction by the end of H1/2022. Until completion, both companies will operate fully separately and independently.

More information about the merger

IR activities during Q3

During Q3, we have met with an exceptional amount of investors and analysts - thank you for your interest in Cargotec! In late September, we arranged a virtual Hiab Investor event. The event constituted of a business update presented by Scott Phillips, President of Hiab Business Area, together with fellow Hiab leaders, as well as a Q&A session. About 50 investors, analysts, credit investors and bankers participated in the webcast. The recording can accessed here.

Most of our meetings with you have remained virtual and based on the positive feedback received, this may well continue to be our main meeting format in the (near) future as well. However, in-person meetings are gradually also becoming a possibility; we will keep you posted on the available options on how to engage in conversation with us.

If you are interested to meet with us, please do not hesitate to contact Heidi at heidi.gustafsson(at) to agree on the details.

Take a look also at these contents 

You can follow Cargotec investor-related and other news also in Instagram. Be sure to go to @cargotecglobal and subscribe!

Check our IR blog section for interesting stories about various topics around our industry and activities.

We maintain a list with all mergers and acquisitions as well as divestments on the Cargotec website Investors section - you can find the M&A history here

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

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


Have a look at the latest VARA consensus estimates.

Q1/18 pre-silent newsletter

Pre-silent newsletter Q1 2018

The first quarter of 2018 is soon coming to its end, and we would like to remind you of some highlights of the quarter. Cargotec’s January-March 2018 interim report will be published on Tuesday, 24 April 2018. The silent period commenced on Tuesday, 3 April 2018.


Orders announced in Q1 2018


(and booking quarter)

Business area


Country / customer


 4 April


 Upgrading and optimising the container stowage systems on board seven Hapag-Lloyd C-class (Samsung 9,300 TEU series) container vessels


 Not disclosed

27 March (Q1/18)


Total of five electrically powered rubber-tyred gantry cranes (RTGs) with extensive customisation, including also the supply of a spare parts package for the machines


Not disclosed

15 March

Kalmar, Navis

Subscription agreement with Cosco Shipping Ports Ltd. (CSP) for the Navis N4 terminal operating system (TOS)


Not disclosed

Annual General Meeting 2018

 The Annual General Meeting 2018 was arranged on 20 March in Helsinki. The AGM approved a dividend of EUR 1.04 be paid for each of class A shares and a dividend of EUR 1.05 be paid for each of class B shares outstanding. The dividend shall be paid in two instalments, in March and September 2018. All current 10 board members were re-elected to the Board of Directors.

Read the decisions taken in the Annual General Meeting here.

The presentation given by Cargotec’s CEO Mika Vehviläinen can be viewed here. Here is a link to video recording of CEO presentation (in Finnish). English version will be published by latest next week.


Other announcements during Q1 2018

On 20 February, Cargotec published its 2017 annual report and financial statements. You can read the reports on Cargotec’s Investors website.

On 8 February, MacGregor announced the acquisition of marine and offshore business from TTS Group for an enterprise value of EUR 87 million. Based on preliminary estimates, potential cost synergies are estimated to be around EUR 30-35 million on annual level and are expected to be reached within 3 years from closing. You can access a presentation about TTS acquisition here.

On 8 February, Cargotec’s Board of Directors resolved on incentive programme’s performance criteria for the share-based incentive programme for the year 2018.

On 5 February, MacGregor announced it had completed the acquisition of Rapp Marine Group (RMG) to strengthen its offering for the fishery and research vessel segment. MacGregor announced to acquire Rapp Marine in December 2017 for an enterprise value of approximately EUR 16 million.

On 30 January, Cargotec opened its new global Cargotec Business Service (CBS) centre in Sofia, the capital of Bulgaria. The aim with CBS is to build more streamlined common business services to improve efficiency, economies of scale and visibility. CBS will also enable the business areas more free time and resources to focus more on growth and innovation.

On 12 January, Cargotec announced it had defined its sustainability targets for 2018. Cargotec's focus in 2018 will be on increasing safety awareness, setting a new sustainability standard for the supply chain, increasing the usage of renewable electricity, and ensuring that human rights-related company practices and processes are at the correct level.


Investor activities and events during Q1 2018

Cargotec’s investor relations attended SEB conference in Copenhagen and Carnegie Capital Goods Conference in Stockholm.

In addition, we hosted roadshows in London, Genova, Oslo, and Frankfurt. CEO breakfast for sell-side analysts was also organised in London. We also hosted an event for Finnish financial bloggers in Helsinki.


Remember these contents on our website

Have you already read the IR blog posting: Cargotec - one of Finland’s largest publicly listed software companies?

IR-podcasts, events in an audio format.


 Take a look at the latest consensus estimates.


Upcoming activities

We will host an event with MacGregor’s management on 21 May in Helsinki. Furthermore, the site visit to the production facilities of Hiab and Kalmar in Stargard Szczecinski, Poland will be organized during autumn. More information and registration will follow soon.

Mark your calendar already: In 30-31 October, we will organize Finnish Industrial Days together with Kemira and KONE in Singapore.

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



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