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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 (

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 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


Have a look at the latest VARA consensus estimates.

Q1/20 pre-silent newsletter

Pre-silent newsletter Q1/2020

The first 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-March 2020 interim report will be published on Thursday, 23 April 2020, and the silent period will commence on Thursday, 2 April 2020. If you would like to book a call with us before our silent period, please contact Tiina (

Cargotec’s financial information in 2020

Cargotec Corporation will disclose the following financial information in 2020:

  • Financial Statements review 2019, on Thursday, 6 February 2020
  • Interim report January-March 2020, on Thursday, 23 April 2020
  • Half year financial report January-June 2020, on Friday, 17 July 2020
  • Interim report January-September 2020, on Thursday, 22 October 2020

Orders announced in Q1/2020

Date (and booking quarter) Business area Description Country/ Customer Value
18 March (Q1/20) Kalmar Six Kalmar rubber-tyred gantry (RTG) cranes Tanzania/Tanzania Ports Authority (TPA) Not disclosed

All announced orders

Coronavirus: follow our blog

We have received several questions related to the coronavirus (COVID-19) and its impact on the company. In this blog text we have collected some typical questions and provided answers to them. The most recent update is from 17 March 2020.

Coronavirus: Annual General Meeting cancelled

The Finnish Government announced in 16 March that public gatherings will be limited to a maximum of ten persons. Based on the development of the coronavirus situation and the Finnish Government announcement, we decided to cancel the 17 March 2020 Annual General Meeting.

Updates on the AGM situation will be available on our AGM pages, as well as on our news pages. Follow us on Twitter for latest information.

Let's meet online!

From now on, all our investor meetings are virtual meetings with a link to a Google Hangouts meeting. This way we can share also slides with you during the meeting. Safety is important to all of us.

What kind of information do you need?

What kind of information/content would you like us to produce to you? Send your comments and suggestions to We collect material and share them with you.

News about Navis

We announced in February that we will evaluate strategic alternatives for our Navis business to identify the best options to support its future development. To secure the best possible growth and value creation for the next development phase for Navis, we will review alternative development paths, including new ownership structures and a potential sale of Navis software business. Cargotec’s other software business will not be part of the evaluation.

We also announced that Navis entered into an agreement to acquire the assets of Biarri Rail from Australia. Biarri Rail is a global provider of planning and scheduling optimisation software for freight railroads. This supports Navis’s expansion into inland solutions.

Watch the video: CEO Mika Vehviläinen talks about the Navis evaluation

Cargotec's Annual Report 2019

Cargotec's annual report 2019 and financial statements for the financial year 1 January-31 December 2019 was published in February in English and Finnish. The annual report 2019 consists of the Annual review and the Financial review. In conjunction with the annual report we also published our GRI index for the year 2019.

Investor activities and events during Q1 2020

In February, Stefan Lampa, the head of Kalmar Mobile Solutions, met the investor community in Helsinki, Finland. Read how Stefan thinks the market will develop and how he sees the robotics and automation to boost the business forward. Watch Stefan's video interview from the same event.

During Q1 2020, Cargotec's Investor Relations held roadshows in London/UK and in Oslo/Norway. In Copenhagen/Denmark we participated in an investor conference. We also held several investor calls and organised sell-side breakfasts in Helsinki/Finland and in London.

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 a recent Cargotec IR blog entry we interviewed Jane Chen, VP Strategy and Head of China at MacGregor about MacGregor's near and long-term future.


Take a look at the latest Vara consensus estimates.

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