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Reports & presentations

Interim report January–September 2020

Was published 22 October 2020

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 Q4/2020

The fourth quarter of 2020 is behind us, and we would like to remind you of some of the quarter's most important events. Cargotec’s Financial Statements review 2020 will be published on Thursday, 4 February 2021, and the silent period will commence on Thursday, 14 January 2021. 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 2021

Cargotec Corporation will disclose the following financial information in 2021:

  • Financial Statements review 2020, on Thursday, 4 February 2021
  • Interim report January-March 2021, on Wednesday, 28 April 2021
  • Half year financial report January-June 2021, on Wednesday, 28 July 2021
  • Interim report January-September 2021, on Thursday, 28 October 2021

Cargotec's Financial Statements 2020 and Annual Report 2020 will be available at www.cargotec.com on week 8.

The Annual General Meeting of Cargotec Corporation will be held on Tuesday, 23 March 2021.

Orders announced in Q4/2020

Date (and booking quarter) Business area Description Country/ Customer Value
7 January 2021 (Q4/2020) Kalmar 6 hybrid RTGs equipped with a suite of Kalmar SmartPort process automation solutions and a two-year M&S Services agreement for the Kalmar SmartPort software USA/Total Terminals International, LLC EUR 11 million
4 January 2021 (Q4/2020) Kalmar 42 next-generation electric (NGE) straddle carriers USA/Maher Terminals LLC Not disclosed
17 December (Q4/20) Kalmar Approximately 400 terminal tractors Not disclosed Over EUR 30 million
16 November (Q4/20) Kalmar six-year Kalmar Care service agreement covering the supply of maintenance support personnel North Ireland/Belfast Container Terminal Ltd. Not disclosed

All announced orders

Other announcements

On 18 December, Cargotec’s Extraordinary General Meeting resolved to approve the merger of Cargotec and Konecranes and the resolutions relating to the merger proposed to the general meeting. See below for more information about the merger.

On 3 December, we announced that Cargotec the Board of Directors has decided to initiate the actual sales process of Navis. We had earlier announced that we are evaluating the strategic options of Navis, which would include new ownership structures or a potential sale of Navis software business.

Also on 3 December, we announced that the Finnish Financial Supervisory Authority has approved the merger prospectus concerning the combination of Cargotec and Konecranes.

On 28 October, we announced that the Board of Directors has decided to establish a new share-based incentive programme for the Group key employees. The new Restricted Share Unit Programme 2020 is intended to function as a bridge programme for the transition period before the closing of the Transaction and forming the combined company in the merger.

On 9 October, we announced that the judicial process concerning Cargotec has been completed in the US. The claim was based on Cargotec allegedly having breached confidentiality obligations related to the negotiations. On 2 October 2020, the Supreme Court of Texas denied Cargotec’s opponent’s Petition for Review.

On 1 October, we announced that Cargotec's and Konecranes' respective Boards of Directors had signed a combination agreement and a merger plan to combine the two companies through a merger. More information about the merger.

Read about our strategy progress in 2020

Our current strategy period runs until end-2021. We have made good progress in services, digitalisation and productivity. The importance of sustainability continues to increase. Read about how our strategy progressed during 2020. Watch a video about the strategy progress in 2020.

Analyst calls held during Q4

On 8 December, we held a virtual sell side analyst call. In the call, Cargotec's CEO Mika Vehviläinen discussed Cargotec's and Konecranes' 1 October announcement and answered the participants' questions, among others.

Analyst call presentation (EGM material)

Investor activities and events during Q4 2020

During Q4, 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.

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

Have a look at our videos

We created several videos during the quarter, and focused particularly on MacGregor.

  • Have a look at how MacGregor's TTS integration process has proceeded and what are its main learnings.
  • MacGregor has been investing in applying its offshore technology knowledge into enabling the progression of renewable energy. See the video about the progress.
  • Another offshore wind business video can be found here: our IR Director Aki Vesikallio interviews MacGregor's Jane Chen and Leif Byström.
  • Have a look at the strategy progress video which was also created during the quarter.

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.

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 (tiina.aaltonen@cargotec.com).

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 ir@cargotec.com. 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.

Consensus

Take a look at the latest Vara consensus estimates.

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