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Reports & presentations

January–June 2021 half year financial report

Release Presentation Teleconference 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 Q2/2021

The second 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 half year financial report January–June 2021 will be published on Wednesday, 28 July 2021, and the silent period starts on Wednesday, 7 July 2021. On 23 June we will arrange a pre-silent call with our CFO Mikko Puolakka present. If you would like to join that call, please contact Tiina (tiina.aaltonen@cargotec.com).

Cargotec’s financial information

Cargotec Corporation will disclose the following financial information in 2021:

  • Half year financial report January-June 2021, on Wednesday, 28 July 2021

  • Interim report January-September 2021, on Thursday, 28 October 2021

Announced orders in Q2 2021

Date (booking quarter) Business area Description Country/ Customer Value
24 May (Q2/21) Kalmar Two Kalmar Gloria reachstackers and three Kalmar diesel-electric straddle carriers US/Tropical Shipping Not disclosed
28 April (Q1/21) Hiab 108 HIAB loader cranes with connected service HiConnect™ and ProCare™ Total Repair and Maintenance contracts for eight years UK/Marshalls

MEUR 4.9 million

All announced orders

Vision and strategy refined: a million tonne CO2 emission reduction in the value chain

We announced in April our refined strategy and vision. Breakthrough objectives are sustainability and profitable growth. Our vision is to become the global leader in sustainable cargo flow. In concrete terms, Cargotec aims to reduce the CO2 emissions of its value chain by 1 million tons by 2024.

Strategy progress is measured by financial reporting, leadership index, eco portfolio share of sales and, in the future, CO2 emission reduction and the net promoter score as well.

More about strategy

Other activities during Q2 2021

Cargotec has set an ambitious climate target and climate is an integral part of Cargotec's strategy. In a recent video on Cargotec's Youtube channelPäivi Koivisto, Vice President, Sustainability, tells more about Cargotec's view on sustainability.

In May, Cargotec’s IR pages were nominated the best in Finland in the large cap category in 2021. The award was given by the Finnish Foundation for Share Promotion and the Finnish Society of Financial Analysts. The Best investor pages (link opens a page in Finnish) is an annual competition  that 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. Read about how to create winning IR web content.

During Q2, 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.

Changes in Cargotec's Investor Relations

Tiina Aaltonen, Cargotec’s long time Executive Assistant to the CFO and Investor Relations, retires after 16 years in the company. Tiina’s last day at Cargotec is 30 July, 2021.

“We would like to thank Tiina for her hard-working attitude and dedication during all these years at Cargotec. Tiina’s contributions have been crucial when developing Cargotec’s financial and IR services to their present high level. We all wish Tiina a long and happy retirement!”, say Mikko Puolakka, Cargotec’s CFO and Carina Geber-Teir, Cargotec’s head of communications.

Heidi Gustafsson will take on Tiina's role as Executive Assistant to the CFO and Investor relations as of 16 August.

You can always find us from the address IR@cargotec.com. Note also contact information at the bottom of this newsletter.

Aki Vesikallio (M.Sc.Econ) will be heading Cargotec’s Investor Relations when Hanna-Maria Heikkinen, Head of Investor Relations at Cargotec, will pursue a new career opportunity outside Cargotec as of 30 June 2021. Aki has been working at Cargotec as Investor Relations Director since December 2019.

“I would like to thank Hanna-Maria for the excellent work to develop Cargotec Investor Relations. Aki knows the company and has excellent prerequisites to continue our great investor relations work,” says Carina Geber-Teir.

As of May, Martti Henttunen, Senior Manager, Communications and IR, has taken a more active role in the IR team.

Julia Klemola, Communications and IR Trainee, strengthens the IR team this summer. Julia recently finished her bachelor's degree studies at the University of Vaasa, majoring in Economics. Julia will be working at Cargotec until end-August.

Take a look also at these contents 

We are on Instagram! You can now 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.

Share your immediate call feedback!

Did you know that after participating in a Cargotec investor or analyst call, you can give immediate feedback about it. After the session, we send participants a link to a brief web form, with which you can anonymously share your thoughts about the event, and about Cargotec as a company. Your feedback is valuable to us - have a look at the form at www.cargotec.com/pulse.

Consensus

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

 

Date
(and booking quarter)

Business area

Description

Country / customer

Value

 4 April

 MacGregor

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

 Hapag-Lloyd

 Not disclosed

27 March (Q1/18)

Kalmar

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

Poland

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.

Consensus

 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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