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Reports & presentations

Half year report January–June 2020

Read the report Q2 2020 presentation

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 Q3/2020

The third 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–September 2020 interim report will be published on Thursday, 22 October 2020, and the silent period will commence on Thursday, 1 October 2020. 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 2020

Cargotec Corporation will disclose the following financial information in 2020:

  • Interim report January-September 2020, on Thursday, 22 October 2020

Orders announced in Q3/2020

Date (and booking quarter) Business area Description Country/ Customer Value
14 September (Q3/2020) MacGregor two new orders, one for two RoPAX ferries and another for a group of linkspans Asia (RoPAX), Scandinavia (linkspans) EUR 13 million
3 September (Q3/2020) Kalmar Three Kalmar rubber-tyred gantry (RTG) cranes Morocco/Marsa Maroc Not disclosed
1 September (Q3/20) Kalmar 20 Kalmar Hybrid Shuttle Carriers USA/The Port of Virginia Not disclosed
28 August (Q3/20) Kalmar Four SmartPower Rubber-Tyred Gantry (RTG) Cranes Cambodia/Phnom Penh Autonomous Port (PPAP) Not disclosed
27 August (Q3/20) MacGregor A significant order, the largest single vessel contract secured to date by MacGregor, for delivery of the mission-critical system to be installed on the OHT offshore wind foundation installation vessel, Alfa Lift OHT Not disclosed
13 August (Q3/20) MacGregor Two orders to provide full hardware supply including ramps and lifting platforms for two RoPax vessels and two material supply vessels Japan EUR 18 million
23 July (Q3/20) Kalmar Two Zero Emission rubber-tyred gantry cranes (RTGs) and Kalmar SmartPort solutions (part of Kalmar One automation system) Turkey/Safi Derince International Port Not disclosed

All announced orders

Other announcements during Q3 2020

On 15 September, we announced that our third quarter 2020 would be better than expected. We estimate that orders received and comparable operating profit are to increase compared to the second quarter 2020.

On 25 August, we announced that Cargotec's Board of Directors has decided on the second instalment of the dividend based on the authorisation granted to the Board by the Annual General Meeting. The second instalment of the dividend distribution is a dividend of EUR 0.60 for each of class A shares and a dividend of EUR 0.60 for each of class B shares outstanding. The second instalment payment date was 3 September 2020.

Let's talk about climate

Cargotec has set ambitious science-based greenhouse gas emission reduction targets to address the impacts of both its own operations and the chain. In May, we announced our commitment to the United Nations Global Compact’s Business Ambition for 1.5°C to pursue science-based measures to limit global temperature rise to 1.5°C. In August, the targets were approved by the Science Based Targets initiative.

Analyst call held in September

On 15 September, we held a virtual analyst call with 15 analysts participating over the web. In the call, Cargotec's CEO Mika Vehviläinen discussed Cargotec's 15 September announcement, business development and financial position, and answered the participants' questions, among others.

Sell-side analyst call presentation

Investor activities and events during Q3 2020

During the Q3, 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. Depending on the development of pandemia and safety requirements in Q4, we can also consider opportunities to host even face-to-face meetings in Helsinki, Finland.

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.

Consensus

Take a look at the latest Vara consensus estimates.

Pre-silent newsletter Q1/19

The first quarter of 2019 has come to its end, and we would like to remind you of the most important events of the quarter. Cargotec’s Q1 2019 interim report will be published on Thursday, 25 April 2019. The silent period will commence on Thursday, 4 April 2019. 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 2019

The publication dates for the 2019 half year financial report and Q3/19 interim report:

  • Half year financial report January–June 2019, on Thursday, 18 July 2019
  • Interim report January–September 2019, on Tuesday, 22 October 2019

Orders announced for Q1/2019

Date (and booking quarter) Business area Description Country/ Customer Value
28 March (Q1/19) MacGregor

Linkspans, cruise access equipment and RoRo solutions

Europe and Japan /pure car truck carriers (PCTC) Ca. MEUR 19
26 March (Q1/19) MacGregor On-vessel mooring systems
China/China National Offshore Oil Corporation Not disclosed
8 March (Q1/19) MacGregor Port, cruise access and equipment for roro/passenger (RoPax) ferries Europe, China Ca. MEUR 22
6 March (Q1/19) Kalmar 63 hybrid straddle carriers France, Belgium, UK/DP World Not disclosed
11 February (Q1/19) Kalmar Six zero emission RTGs USA/South Florida Container Terminal, LLC  Not disclosed

On 25 March, Cargotec announced that due to a longer than expected regulatory process in China, the company currently expects the closing of the TTS Group ASA transaction to take place in Q2 2019. The acquisition is subject to regulatory approvals from the competition authorities in Germany, South Korea and China. MacGregor announced the approval from the German regulator on 6 November 2018 and the approval from the South Korean regulator on 27 December 2018.

Cargotec’s Annual General Meeting (AGM) was held on Tuesday, 19 March 2019 in Helsinki. The decisions taken at the AGM are available here. In his review, CEO Mika Vehviläinen concentrated on the financial results in 2018, strategy development, sustainability as a future growth driver, and on 2019 outlook. In addition, Cargotec's investments in the development of operations as well as progress in M&A was presented. All of the AGM materials, including a video recording of the CEO presentation with English subtitles is available here.

On 7 March, Cargotec announced that it enhances Kalmar's growth opportunities by reorganising its businesses and appointing Stefan Lampa as President of Kalmar Mobile Solutions. Cargotec reorganises Kalmar into three strategic business units (SBU); Kalmar Mobile Solutions, Kalmar Automation Solutions and Navis as of April 1, 2019. Cargotec's financial reporting structure based on three business areas Kalmar, Hiab and MacGregor, will remain unchanged.

On 19 February, Cargotec Cargotec published its 2018 annual report and financial statements. The documents, together with the 2018 Corporate Governance Statement, Remuneration Statement as well as the GRI index are available here.

Investor activities and events during Q1 2019

During the first quarter, Cargotec organised a Hiab investor breakfast in Helsinki on 21 March. The event included presentations by Hiab’s new president since October 2018, Scott Phillips, together with Hiab’s CFO Simon Greaves and Jan-Erik Lindfors who is in charge of Hiab’s new business solutions. Read a blog post of the event, watch Scott’s video interview or take a look at the presentation materials of the event.

In addition, Cargotec hosted roadshows in London, Amsterdam, Frankfurt and Milan as well as participated in the Carnegie Capital Goods Conference in Stockholm and the OP Seminar in Helsinki.

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.

Watch a short video interview where Hiab’s newly appointed President Scott Phillips tells about his first impressions about the company.

For the Finnish audience, Cargotec’s investor relations also started a podcast channel. Listen to the first episode on Soundcloud or on iTunes.

Consensus

Take a look at the latest Vara consensus estimates.

Upcoming activities

On 11 June, Cargotec’s investor relations will organise a Service Day in Helsinki. The service business heads from Kalmar, Hiab and MacGregor will be presenting.

On 4 September, Cargotec’s investor relations will organise a site visit to Hiab and Kalmar assembly site in Stargard Szczecinski, Poland.

Cargotec will participate in the Finnish Industrial Days in China together with Kone, Wärtsilä and Kemira and organise a site visit in Shanghai on 25 September.

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

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