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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 second 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–June 2020 interim report will be published on Friday, 17 July 2020, and the silent period will commence on Friday, 26 June 2020. 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 2020:
| Date (and booking quarter) | Business area | Description | Country/ Customer | Value |
| 4 June (Q2/20) | Kalmar | Three Kalmar Zero Emission rubber-tyred gantry (RTG) cranes | Brazil/Klabin | Not disclosed |
Cargotec’s Annual General Meeting was held on 27 May 2020 in Helsinki, Finland. Due to coronavirus pandemic restrictions, shareholders were advised not to participate in the meeting in person, but to follow it via the video presentation. In his presentation, Cargotec’s CEO Mika Vehviläinen concentrated on Cargotec’s financial results in 2019, company performance during the first quarter of 2020, and Cargotec’s Climate Ambition.
Watch the video - Chairman of the Board at the 2020 AGM
Watch the video - CEO review at the 2020 AGM
On 27 May, we announced our commitment to the United Nations Global Compact’s Business Ambition for 1.5°C (see below for more information). In his recent blog, Cargotec's CEO Mika Vehviläinen writes about his concerns about what kind of world we leave for our children and their children. Even when climate change represents a significant business opportunity for us in Cargotec, "we have an opportunity - an obligation - to serve our customers with solutions that enable us to live in a better world."
On 9 June, we held a virtual sell-side analyst call with 14 analysts participating over the web. In the call, Cargotec's CEO Mika Vehviläinen went through the corona virus impact on our business, our financial position, the latest development on sustainability (see below for more information), among others.
Sell-side analyst call presentation
On 3 June, Kalmar and MacGregor announced their participation in AEGIS, a three-year project funded by the EU’s Horizon 2020 Research and Innovation programme. The AEGIS project aims to integrate smaller ships, inland transport and short-sea shipping with larger terminals to create a completely new European transport system (AEGIS stands for Advanced, Efficient and Green Intermodal Systems).
On 2 June, we announced the completion of the sale of the share of the joint venture Rainbow-Cargotec Industries Co., Ltd (RCI) in China. As part of the agreement, Cargotec acquired certain operations and assets of the joint venture from Jiangsu Rainbow Heavy Industries Co., Ltd. (RHI), and ca. 160 employees have moved over from RCI to Kalmar.
On 27 May, we announced our commitment to the United Nations Global Compact’s Business Ambition for 1.5°C, joining leading companies in a promise to pursue science-based measures to limit global temperature rise to 1.5°C. By making this commitment, Cargotec strives to mitigate climate change through making the logistics industry more efficient and in developing solutions to enable a low-carbon economy.
Safety is important to all of us, and during the coronavirus crisis we have strictly complied with regulatory travel and social restrictions. With this in mind, our investor meetings are now virtual meetings, where we share material via Google Meet.
During Q2 2020, Cargotec's Investor Relations held many virtual roadshows over the web, and we will continue to offer those in the future as well.
Visit the IR calendar section on the Cargotec website for more information about upcoming and past events.
What would you like to ask about Cargotec as an investment? Cargotec's IR team is looking for questions especially from investors and analysts for our next IR blog Q&A. Send your questions via our web form www.cargotec.com/feedback.
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.
