menu

Our businesses:

{{displayStock}}

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.

Q4/20 pre-silent newsletter

Q4/20 pre-silent newsletter

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.

What do you think of the site?