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Browse all Cargotec’s investor publications in this section. In case you need additional information, please contact Cargotec Investor Relations team.
This section contains Cargotec's IR newsletters, mainly published quarterly before the three-week silent period. You can find the most recent letter below.
The first 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 interim report January-March 2021 will be published on Wednesday, 28 April 2021, and the silent period will commence on Wednesday, 7 April 2021. If you would like to book a call with us before our silent period, please contact Tiina (tiina.aaltonen@cargotec.com).
Cargotec Corporation will disclose the following financial information in 2021:
| Date (and booking quarter) | Business area | Description | Country/ Customer | Value |
| 15 March (Q1/21) | Kalmar | 11 reachstackers, four empty container handlers and 12 heavy terminal tractors | YILPORT Holding Inc. | Not disclosed |
| 11 March (Q1/21) | MacGregor | Wide range of electrically operated equipment, quarter stern ramps and doors, side ramps and doors, internal ramps and covers, internal doors, a liftable car deck, and the patented Load Monitoring System | Japan/Nippon Yusen Kaisha (NYK Line) | Not disclosed |
| 9 March (Q1/21) |
Kalmar | 12 fully automated AutoStrad™ straddle carriers | Australia/Patrick Terminals | Not disclosed |
| 8 March (Q1/21) | Kalmar | 2 rubber-tyred gantry cranes (RTGs), 3 reachstackers, 2 empty container handlers, 6 terminal tractors | Laos/Sitthi Logistics (Thailand) Co., Ltd. | Not disclosed |
| 24 February (Q1/21) | Hiab | 100 HIAB loader cranes | UK/MV Commercial | over EUR 5.7 million |
| 17 February (Q1/21) | Kalmar | 10 hybrid straddle carriers | Netherlands/Hutchison Ports ECT Rotterdam | Not disclosed |
On 24 February, we announced that Cargotec Corporation's Board of Directors has decided to exercise the authorisation of the Annual General Meeting on 27 May 2021 to repurchase company's own shares. Cargotec will repurchase 75,691 class B shares to be used as reward payments for Cargotec's share-based incentive programmes. The shares will be purchased at public trading on Nasdaq Helsinki Ltd. at the market price. The repurchases started on 25 February 2021.
On 4 February, we announced that the Board of Directors has resolved on the performance criteria for the share-based incentive programme for the year 2021. The performance share programme, approved by the Board of Directors in 2020, includes three performance periods, calendar years 2020–2022, 2021–2023 and 2022–2024. Each performance period includes one to three measuring periods.
On 28 January, we announced that Cargotec has closed the syndication regarding an EUR 300 million Term Loan Facility. The syndication was launched on the 30th November 2020 and the commitments received from the banks in the syndication led to significant oversubscription.
On 12 January, we announced that MacGregor concluded a settlement agreement on the TTS marine and offshore businesses purchase price.The settlement amount will have an approximately EUR 7 million positive impact on MacGregor’s first quarter 2021 operating profit.
Cargotec's annual report 2020 and financial statements for the financial year 1 January–31 December 2020 was published in February. The report consists of the annual review, financial review, corporate governance statement and remuneration report.
Along with the annual report, we have collected other interesting 2020-related stories under one roof at the address www.cargotec.com/2020. Stories cover topics like strategy progress and business area activities in 2020, and our response to COVID-19 pandemic, among others.
CEO Mika Vehviläinen reviews the year 2020 (video)
Cargotec's Investor Relations arranged a sustainability presentation for analysts in early March. In the event, Päivi Koivisto, Cargotec's VP Sustainability, and Noora Jukkola, Manager Sustainability, presented Cargotec's sustainability approach, covered current topics like taxonomy and governance, and answered questions from the audience.
Watch a recording of the event
We created several videos during the first quarter. Have a look at the pre-recorded Annual General Meeting reviews from our Chairman of the Board of Directors, Ilkka Herlin, and CEO Mika Vehviläinen. Below please also find links to videos where our business area presidents summarise their business area performances in 2020, and our service business leaders present their views on their respective businesses.
During Q1, 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.
Visit the IR calendar section on the Cargotec website for more information about upcoming and past events.
In our IR blog section, VP IR Hanna-Maria Heikkinen writes about investor relations in the WSB era: who has the right to give recommendations and who should retail investors listen to? Read also about the most frequently asked Q4 2020 questions, and many other stories.
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.
Take a look at the latest Vara consensus estimates.
The second quarter of 2019 is coming to its end, and we would like to remind you of the most important events of the quarter. Cargotec’s Q2 2019 interim report will be published on Thursday, 18 July 2019. The silent period will commence on Thursday, 27 June 2019. If you would like to book a call with us before our silent period, please contact Tiina (tiina.aaltonen@cargotec.com).
The publication date for the Interim report January–September 2019 is Tuesday, 22 October 2019.
| Date (and booking quarter) | Business area | Description | Country/ Customer | Value |
| 27 May (Q2/19) | MacGregor | Port equipment and RoPax ferry conversions |
Scandinavia/not disclosed |
MEUR 10 |
| 13 May (Q2/19) | Kalmar | Two AutoRTG cranes |
Ireland/Dublin Ferryport Terminals |
Not disclosed |
| 30 April (Q2/19) | Kalmar | 32 diesel-electric straddle carriers |
Italy/Medcenter Container Terminal (MCT) |
Not disclosed |
On 13 June, Navis, a part of Cargotec, announced the signing of a partnership agreement with the equipment manufacturer Shanghai Zhenhua Heavy Industry Co., Ltd. (ZPMC), to jointly address opportunities for Navis to supply its software and services and ZPMC to provide its products and services and act as a system integrator. The agreement represents an important step for both parties to combine forces in an integrated approach to solve critical needs for improved performance, optimisation and automation in terminal operations.
On 3 June, Cargotec confirmed that the National Bureau of Investigation in Finland has initiated a preliminary investigation about a suspected aggravated fraud in connection with its MacGregor business area. The National Bureau of Investigation issued a statement about the case earlier on the same day (in Finnish only). Cargotec detected the suspected financial fraud during an internal review and made an investigation request to the Finnish authorities. The suspected misconduct does not have an impact on Cargotec's financial result.
On 14 May, Cargotec announced that it will cooperate with seven startups to solve maritime industry inefficiencies. Cargotec will continue joint projects with seven startups as an outcome of the Rainmaking Trade & Transport Impact Programme, a leading maritime startup collaboration platform. The intention of the programme is to address the largest challenges in maritime, cargo transport and logistics.
On 25 April, Cargotec announced that it simplifies its leadership structure and combines its Executive Board and Extended Executive Board to form a new Cargotec Leadership Team. The Leadership Team consists of former Executive Board members Mika Vehviläinen, CEO, Mikko Puolakka, Executive Vice President, CFO, Stefan Lampa, President, Kalmar Mobile Solutions, Antti Kaunonen, President, Kalmar Automation Solutions, Scott Phillips, President, Hiab, Michel van Roozendaal, President, MacGregor, Mikael Laine, Senior Vice President, Strategy, Soili Mäkinen, CIO, Mikko Pelkonen, Senior Vice President, Human Resources, and former Extended Executive Board members Outi Aaltonen, Senior Vice President, General Counsel, and Carina Geber-Teir, Senior Vice President, Communications. The Leadership Team members report to Cargotec's CEO.
During the second quarter, Cargotec organised a Service Day for investors and analysts in Helsinki on 11 June. The event included presentations by the service business heads from Cargotec’s three business areas Kalmar, Hiab and MacGregor. Read a blog post of the event, watch a video interview of the presentors, or take a look at the presentation materials of the event.
In addition, Cargotec hosted roadshows in New York, Chicago, London, Barcelona and Milan as well as participated in the Handelsbanken Small/ Midcap Seminar in Stockholm
Cargotec maintains a list with all mergers and acquisitions as well as divestments on the investor webpage - take a look at it here.
For the Finnish audience, Cargotec’s investor relations also started a podcast channel. Listen to the first episode on Soundcloud or on iTunes.
Take a look at the latest Vara consensus estimates.
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.
