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Reports & presentations

2021 financial statements review to be published on Thursday, 3 February 2022

Invitation release 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 Q4/2021

As the year is soon coming to its end, we would like to highlight some of the most notable events of the fourth and last quarter of 2021. Cargotec’s Financial statements review 2021 will be published on Thursday, 3 February 2022, and the silent period starts on Thursday, 13 January 2022.

Remember to register to our pre-silent call
We will arrange a pre-silent call with our CFO Mikko Puolakka on 10 January at 11am EET. Please register to the call via this form no later than on Wednesday 5 January, if you haven't already done so.

Cargotec’s financial information in 2022

Cargotec Corporation will disclose the following financial information in 2022:

- Financial Statements review 2021, on Thursday, 3 February 2022
- Interim report January–March 2022, on Wednesday, 27 April 2022
- Half year financial report January–June 2022, on Wednesday, 27 July 2022
- Interim report January–September 2022, on Wednesday, 26 October 2022

Cargotec's Financial Statements 2021 and Annual Report 2021 will be available at www.cargotec.com on week 8.

Announced orders in Q4 2021

 

Date (and booking quarter) Business area Description Country/Customer Value
1 December (Q4/21) Kalmar 4 diesel-electric straddle carriers Jamaica/Kingston Freeport Terminal Limited (KFTL) Not disclosed
30 November (Q4/21) Kalmar three-year Kalmar Care service agreement Sweden/Holmen Iggesund Not disclosed
25 November (Q4/21) Kalmar 34 Kalmar Straddle Carriers Belgium/MPET and PSA Not disclosed (significant order)
18 November (Q4/21) MacGregor Design & key components, fabrication and delivery of hatch covers for twelve containerships Japan/Japan Marine United Not disclosed (significant order)

All announced orders

Other releases from Q4

On 15 December, Kalmar held its customer event, the New Era of Logistics and launched three new 100% electrically powered solutions – the Kalmar Electric Reachstacker, the Kalmar Electric Heavy Forklift and the Kalmar Ottawa Electric Terminal Tractor.

In the event, Kalmar also announced the introduction of the Kalmar Robotic Portfolio – a future range of intelligent, flexible and autonomous mobile equipment solutions. The portfolio will consist of the Kalmar RoboTractor, RoboLifter, RoboStacker and RoboHandler, and prototypes are currently being tested at different sites around the world.

Kalmar also announced the launch of Kalmar Tracker, an automated container information solution for reachstackers designed to enable safer and more efficient management of container movements.

In December, Cargotec was awarded with a B in CDP’s Climate change rating. The scoring varies from a scale from A to D-. This is the second year in a row for Cargotec to receive CDP’s B rating, which indicates that we are taking coordinated actions on climate issues.

In November, Cargotec announced a voluntary total redemption of the EUR 150 million senior unsecured notes issued on 28 March 2017 which have a maturity date 28 March 2022 (ISIN: FI4000243316). Cargotec announced irrevocably that on 28 December 2021, Cargotec will redeem the Notes in whole at their principal amount, together with any accrued but unpaid interest in accordance with the terms and conditions of the Notes. Cargotec will use existing liquidity reserves to finance the redemption.

In October, Cargotec appointed Michel van Roozendaal, former President of MacGregor, as President of the Kalmar Mobile Solutions strategic business unit. Following Mr. van Roozendaal’s appointment, Leif Byström, former MacGregor’s Chief Operating Officer and Interim Head of the Offshore Solutions Division, was appointed President of the MacGregor business area.

All releases

Merger-related activities during Q4 2021

On 9 December, we announced progress in regulatory proceedings in the merger between Cargotec and Konecranes: The companies have submitted commitments to the European Commission to satisfy competition concerns.

On 26 November, we announced that Cargotec and Konecranes note CMA’s announced Provisional Findings regarding the planned merger of Cargotec and Konecranes.

On 4 November, we announced the planned high-level operating model and leadership team of the Future Company.

On 1 October 2020, Cargotec Corporation and Konecranes Plc announced that the companies have signed a combination agreement and plan to combine through a merger, subject to regulatory and other approvals (the “Transaction”). The companies are confident that the approvals are received to allow completion of the Transaction by the end of H1/2022. Until completion, both companies will operate fully separately and independently.

More information about the merger

IR activities during Q4

During Q4, we have kept up our active engagement with the financial markets. We met investors on virtual roadshows and hosted standalone meetings and calls with investors and analysts.

Most of our meetings with you have remained virtual and based on the positive feedback received, this may well continue to be our main meeting format in the (near) future as well. However, we are keen to meet you in-person as well, whenever the situation allows.

If you are interested to meet with us, please do not hesitate to contact Heidi at heidi.gustafsson(at)cargotec.com to agree on the details.

Take a look also at these contents 

Cargotec's refined strategy was published in April this year. Our refined vision is to become global leader in sustainable cargo flow. Check our fresh strategy video to learn about our progress during 2021.

You can 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.

Consensus

Have a look at the latest VARA consensus estimates.

Q3/19 pre-silent 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 Q3/2019

The third 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 Q3 2019 interim report will be published on Tuesday, 22 October 2019. The silent period will commence on Tuesday 1 October 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 date for the Interim report January–September 2019 is Tuesday, 22 October 2019.

Orders announced in Q3/2019

Date (and booking quarter) Business area Description Country/ Customer Value
29 August (Q2/19) Kalmar 15 rubber-tyred gantry cranes (RTGs) with 24 months on-site maintenance support India/Nhava Sheva International Container Terminal Not disclosed
20 August (Q3/19) Kalmar Upgrade four ZPMC ship-to-shore (STS) cranes Morocco/EUROGATE Tanger Not disclosed
13 August (Q3/19) Kalmar Preventive and corrective maintenance services to customer's Las Palmas container terminal Spain/Operaciones Portuarias Canarias S.A. (OPCSA) Not disclosed
18 July (Q3/19) Hiab Truck mounted forklifts with service contracts USA/not disclosed MEUR 29

Other announcements during Q3/2019

On 13 September, Cargotec announced that it issues two senior unsecured bonds in the total aggregate nominal amount of EUR 250 million. The first approximately 5.5-year bond in the nominal amount of EUR 100 million matures on 23 January 2025 and it carries a fixed annual interest of 1.250 per cent. The other, 7-year bond in the nominal amount of EUR 150 million matures on 23 September 2026 and it carries a fixed annual interest of 1.625 per cent.

On 31 July, Cargotec’s MacGregor business area announced to have completed the acquisition of the marine and offshore businesses of TTS Group ASA. Cargotec announced in February 2018 an agreement to acquire the businesses for an enterprise value of approximately EUR 87 million. Completion of the acquisition follows receipt of required approvals from the relevant countries and authorities. The acquired businesses will be integrated within MacGregor's operating structure, and their results will be consolidated into MacGregor's financial figures as of 1 August 2019. Based on preliminary estimates, approximately 30 percent of TTS sales are related to TTS companies where the Group's ownership is 50 percent. Cargotec plans to consolidate these companies using the equity method, whereby 50 percent of the companies' net profit will be presented as a separate row in Cargotec's financial statements before EBIT. This means that sales income from these companies will not be consolidated into Cargotec's sales.

Investor activities and events during Q3 2019

On 4 September, Cargotec IR organised a site visit for analysts and investors to Hiab’s and Kalmar’s sites in Stargard, Poland, where their main assembly units are located. The visit involved presentations given by the local managers, Q&A sessions and a field tour of the assembly facilities. Read a blog post of the event, or take a look at the presentation materials (Kalmar, Hiab) of the event.

In addition, Cargotec hosted roadshows in Helsinki, Stockholm, London, and Paris.

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.

For the Finnish audience, Cargotec’s investor relations has started a podcast channel. Listen on Soundcloud the latest Finnish episode. You can also find quarterly webcasts in English there. Both Finnish and English podcasts are also available on iTunes.

Consensus

Take a look at the latest Vara consensus estimates.


Upcoming activities

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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