Reports & presentations

January-March 2018 interim report in brief

Financial statements review 2017 in brief

Hanna-Maria Heikkinen, Vice President, Investor Relations, presents Cargotec's Q3 2017 results.

Hanna-Maria Heikkinen, Vice President, Investor Relations, presents Cargotec's Q2 2017 results.

Hanna-Maria Heikkinen, Vice President, Investor Relations, presents Cargotec's Q1 2017 results.

Shaping the cargo handling industry

Cargotec hosted Capital Markets Day 2015 for analysts and professional investors on Monday, 30 November 2015 at 12.00-17.00 UK time in London.

The programme focused on the outlook for Cargotec, together with an update on the strategy and competitive landscape of its three core businesses: MacGregor, Kalmar and Hiab.

Presentations:
Mika Vehviläinen – President and CEO
Michel Van Roozendaal – President, MacGregor
Olli Isotalo – President, Kalmar
Roland Sundén – President, Hiab
Eeva Sipilä – CFO

Presentations click here

The next day, Tuesday 1 December 2015, there was a visit to London Gateway, DP World’s deepsea container port. ​

For further information:
Tiina Aaltonen, tiina.aaltonen@cargotec.com​, tel. +358 (0)20 777 4105, or
​Julie Ryan, julie.ryan@spcnetwork.eu, tel: +44 7900 571996

Cargotec hosted Capital Markets Day 2014 for analysts and professional investors on Tuesday, 18 November 2014 in Helsinki, Finland

Presentations:
Actions taken to drive improvement in performance are proceeding well
Mika Vehviläinen, President and CEO

Kalmar profit improvement is proceeding as planned
Olli Isotalo, President, Kalmar

Building platform for future growth – key actions started to improve profitability
Mika Vehviläinen, Interim President, MacGregor
Declan Guerin, CFO, MacGregor

The profit improvement is sustainable and there is more to come
Roland Sundén, President, Hiab

Cargotec financials
Eeva Sipilä, EVP and CFO

Cargotec hosted a Capital Markets Day 2013 for analysts and professional investors on Monday, 2 December 2013 in Helsinki, Finland.

Presentations:
Great potential in businesses – execution is the key
Mika Vehviläinen, President and CEO

Kalmar is well positioned to grow profitably
Olli Isotalo, President, Kalmar

Marine market pick-up and offshore expansion will boost MacGregor
Eric Nielsen, President, MacGregor

Converting Hiab's high business potential into profitability
Mika Vehviläinen, Carl Gustaf Göransson, SVP Hiab Markets, Gert Larsson, EVP Hiab Products

Cargotec financials
Eeva Sipilä, EVP and CFO

In connection to the CMD, visit to Cargotec’s new Technology and Competence Center in Tampere was arranged on Tuesday, 3 December.

Cargotec Capital Markets Day 2011 for analysts and professional investors was held on Thursday, 17 November 2011 at 8.00-15.00 local time at restaurant Sipuli, Helsinki, Finland.

Presentations:
Cargotec performance culture
President and CEO Mikael Mäkinen´

Financial review
CFO Eeva Sipilä

The market leader for terminal operating systems
The proven solution for automated terminals
Scott Peoples, VP Navis Sales

Terminals - elements for growth in place
Unto Ahtola, EVP Terminals

Load Handling - Equipped for improved performance
Axel Leijonhufvud, EVP Load Handling

Shipbuilding market overview
Stephen Gordon, Director, Clarkson Research Services

Marine - Ship type and size make a difference
Olli Isotalo, EVP Marine

Cargotec's Capital Markets Day 2010 was held on 21 September in Cargotec's new factory in Stargard Szczecinski, Poland. The event was for analysts and professional investors.

Presentations:
Profitable growth through customer focus – Cargotec’s refined strategy 2011–2015
Mikael Mäkinen

Marine – Strong basis for complete solutions
Olli Isotalo

Industrial & Terminal – Redefined focus
Unto Ahtola

Services – Regional distribution centers to bring efficiency to spares logistics
Stefan Gleuel

Global footprint – local supply
Axel Leijonhufvud

Multi-assembly unit (MAU) Stargard
Adam Ryniak

MacGregor from investors' point of view

Hiab's President Roland Sundén, CFO Simon Greaves and VP Services Anna Almlöf talk about Hiab's strengths, profit drivers and service potential.

CEO Mika Vehviläinen wraps up Cargotec's Capital Markets Day 2017 and explains why Cargotec will become the leader in intelligent cargo handling.

Kalmar's joint venture Rainbow-Cargotec Industries (RCI) provides an access to Chinese market. In APAC, Kalmar has a strong position. Video includes an interview with Antti Kaunonen and Peter McLean.

Read an IR-blog about the visit and RCI in here.

Cargotec's Software Day was held on 1 of July 2017 in Helsinki. In the event, President of Navis and Kalmar Software Benoit de La Tour, and Chief Strategy Officer Andy Barrons gave out presentations about Navis' software business. Here is a short interview about Navis and its future prospects. A webcast from the event can be found in here.

January-March 2018 interim report in brief

Financial statements review 2017 in brief

Hanna-Maria Heikkinen, Vice President, Investor Relations, presents Cargotec's Q3 2017 results.

Hanna-Maria Heikkinen, Vice President, Investor Relations, presents Cargotec's Q2 2017 results.

Hanna-Maria Heikkinen, Vice President, Investor Relations, presents Cargotec's Q1 2017 results.

Hanna-Maria Heikkinen, Vice President, Investor Relations, presents Cargotec's financial statements review 2016.

Sustainability is a huge business opportunity. Karoliina Loikkanen, Director, Sustainability, explains why sustainability is important for Cargotec.

Cargotec is a strong global player in the cargo handling industry. In this video, we will briefly go through five main reasons to invest in our company.

Cargotec's strategy focuses on services, digitalisation and leadership.

​Cargotec's purpose is to shape the cargo handling industry. Shaping the cargo industry helps to bring sustainability and efficiency to our economies. This is of value to our investors and to our customers.

Cargotec has Technology and Competence Center in Tampere, Finland. The center focuses on developing energy-efficient, safe and intelligent machinery and automation solutions.

Cargotec wants to be the leader in intelligent cargo handling. Leadership excellence is essential to achieve this target. That is why leadership is one of our must-win battles going forward.

Kalmar offers the widest range of cargo handling solutions and services to ports, terminals, distribution centres and for industrial applications. See Kalmar Global's Youtube channel for more videos.

Introduction to Xvela

Xvela is the world's first cloud-based vessel stowage and collaboration platform for ocean carriers and terminal operators. CNBC published a video about the functioning of this platform in action. See the video on CNBC's page in here.

Hiab is a leading provider of on-road load handling equipment and services. See also Hiab Global's other videos

MacGregor provides integrated cargo and load handling solutions and services for the maritime transportation and offshore industries. See MacGregor's other videos

Kalmar is a global leader in automation of ports. Automating terminal processes brings a wide range of benefits, primarily in terms of overall cost reduction and more efficient utilisation of equipment fleet. Kalmar provides a wide range of solutions, including SmartPort process solutions and equipment to realize automated terminals.

End-to-end efficiency is achieved at TraPac's container terminal through a combination of Kalmar automatic stacking cranes (ASCs), automated straddle carriers and automated truck handling, all integrated to operate in an optimal manner with Kalmar terminal logistic system. 

Automated straddle carriers increase terminal safety and sustainability, and provide greater long-term value than manual solutions.The flexibility of the Kalmar AutoStrad makes realising an automated terminal simple, low-risk and achievable within a relatively short timeframe.

Pre-silent newsletter Q2 2018

The second quarter of 2018 is soon coming to its end, and we would like to remind you of some highlights of the quarter. Cargotec’s January-June 2018 half year financial report will be published on Thursday, 19 July 2018. The silent period will commence on Thursday, 28 June 2018. If you would like to book a call with us before our silent period, please contact Milla (milla.parviainen@cargotec.com).

Announced orders during Q2 2018

Other announcements during Q2 2018

On 9 May, Cargotec announced it had signed an agreement with JCE Invest AB to establish a joint venture, Bruks Siwertell Group, specialised in dry bulk handling. The new joint venture will own Siwertell AB (previously part of Kalmar Business Area within Cargotec) and BRUKS Holding AB (previously part of JCE Group). Cargotec will own 48% of the shares in Bruks Siwertell Group, and JCE Invest AB will own the rest, 52%. The transaction was signed and closed on 9 May 2018. In 2017, revenues of Siwertell were SEK 582 million, and revenues of BRUKS were SEK 707 million.

On 24 April, MacGregor and China State Shipbuilding Corporation's (CSSC) Nanjing Luzhou Machine Co., Ltd. (LMC) celebrated the opening of their first joint venture in Nanjing, China on April 10. The joint venture's business model and organisational structure were developed during 2017, and the business license was obtained in March 2018.

On 12 June, Cargotec announced that cargo handling industry increasingly explores cloud-based, collaborative data sharing platforms to provide real-time visibility and connectivity required to improve efficiency and productivity. The study, conducted by Navis and XVELA, was based on a survey of 250 shipping industry executives and professionals from members of the global container supply chain.

On 17 May, Kalmar announced committing to having Kalmar's full offering available as electrically powered versions by 2021. Kalmar is committed to reduce emissions in cargo and material handling operations by fostering eco-efficient technologies. The target is in line with Cargotec's sustainability roadmap announced in 2016.

New product launches in Q2 2018

On 19 June, Kalmar introduced its first application key for Kalmar Key, the terminal industry's only automation platform with open interfaces.

On 12 June, Kalmar introduced an eco-efficient reachstacker with a Fuel Saving Guarantee to customers.

On 14 May, Hiab announced it had launched its renewed HIAB light range loader cranes with a capacity from 4 to 11 tonne meters.

On 2 May,  Kalmar introduced an electric version of its popular Kalmar Ottawa T2 terminal tractor to help customers cut emissions and improve productivity.

On 24 April, Kalmar announced it will introduce an automated guided vehicle (AGV) solution, Kalmar FastCharge (TM) AGV, for transporting containers between quayside and landside operations.

On 11 April, Hiab launched the MOFFETT M5 NX Truck mounted forklift. The MOFFETT M5 NX is the ideal machine for medium to heavy-duty tasks, with an efficient power to weight ratio.

Investor activities and events during Q2 2018

Cargotec’s investor relations organised an investor day with MacGregor’s president Michel van Roozendaal and Head of sustainability Karoliina Loikkanen in May. We also attended Kepler Mid Cap Days in Paris, Handelsbanken conference in Stockholm, Oddo Environment Forum for ESG investors in Paris as well as Carnegie ESG seminar in Helsinki. Take a look at the material from these events at Cargotec’s webpage.

In addition, we hosted roadshows in Copenhagen, New York, Chicago, Boston, Milan, and London. In June, a Q&A session with CEO Mika Vehviläinen for sell-side analysts was organised in Helsinki.

Take a look at these contents on our website

Sustainability provides great opportunities for Cargotec - but how exactly? Find it out by reading the IR blog about sustainability.

Read the blog post Journey towards a new MacGregor to understand better MacGregor’s business and future prospects. 

Sustainability is a huge business opportunity. Karoliina Loikkanen, Director, Sustainability, explains why sustainability is important for Cargotec.

MacGregor from investors' point of view

Consensus

Take a look at the latest consensus estimates.

Upcoming activities

Site visit to the production facilities of Hiab and Kalmar in Stargard Szczecinski, Poland will be organized during autumn. More information and registration will follow soon.

On 30-31 October, we will organize Finnish Industrial Days together with Kemira and KONE in Singapore. Register to the event here.

Take a look at our IR calendar for other upcoming events and roadshows.

The first quarter of 2018 is soon coming to its end, and we would like to remind you of some highlights of the quarter. Cargotec’s January-March 2018 interim report will be published on Tuesday, 24 April 2018. The silent period commenced on Tuesday, 3 April 2018.

Orders announced in Q1 2018

Annual General Meeting 2018

 The Annual General Meeting 2018 was arranged on 20 March in Helsinki. The AGM approved a dividend of EUR 1.04 be paid for each of class A shares and a dividend of EUR 1.05 be paid for each of class B shares outstanding. The dividend shall be paid in two instalments, in March and September 2018. All current 10 board members were re-elected to the Board of Directors.

Read the decisions taken in the Annual General Meeting here.

The presentation given by Cargotec’s CEO Mika Vehviläinen can be viewed here. Here is a link to video recording of CEO presentation (in Finnish). English version will be published by latest next week.

Other announcements during Q1 2018

On 20 February, Cargotec published its 2017 annual report and financial statements. You can read the reports on Cargotec’s Investors website.

On 8 February, MacGregor announced the acquisition of marine and offshore business from TTS Group for an enterprise value of EUR 87 million. Based on preliminary estimates, potential cost synergies are estimated to be around EUR 30-35 million on annual level and are expected to be reached within 3 years from closing. You can access a presentation about TTS acquisition here.

On 8 February, Cargotec’s Board of Directors resolved on incentive programme’s performance criteria for the share-based incentive programme for the year 2018.

On 5 February, MacGregor announced it had completed the acquisition of Rapp Marine Group (RMG) to strengthen its offering for the fishery and research vessel segment. MacGregor announced to acquire Rapp Marine in December 2017 for an enterprise value of approximately EUR 16 million.

On 30 January, Cargotec opened its new global Cargotec Business Service (CBS) centre in Sofia, the capital of Bulgaria. The aim with CBS is to build more streamlined common business services to improve efficiency, economies of scale and visibility. CBS will also enable the business areas more free time and resources to focus more on growth and innovation.

On 12 January, Cargotec announced it had defined its sustainability targets for 2018. Cargotec's focus in 2018 will be on increasing safety awareness, setting a new sustainability standard for the supply chain, increasing the usage of renewable electricity, and ensuring that human rights-related company practices and processes are at the correct level.

Investor activities and events during Q1 2018

Cargotec’s investor relations attended SEB conference in Copenhagen and Carnegie Capital Goods Conference in Stockholm.

In addition, we hosted roadshows in London, Genova, Oslo, and Frankfurt. CEO breakfast for sell-side analysts was also organised in London. We also hosted an event for Finnish financial bloggers in Helsinki.

Remember these contents on our website

Have you already read the IR blog posting: Cargotec - one of Finland’s largest publicly listed software companies?

IR-podcasts, events in an audio format.

Consensus

 Take a look at the latest consensus estimates.

Upcoming activities

We will host an event with MacGregor’s management on 21 May in Helsinki. Furthermore, the site visit to the production facilities of Hiab and Kalmar in Stargard Szczecinski, Poland will be organized during autumn. More information and registration will follow soon.

Mark your calendar already: In 30-31 October, we will organize Finnish Industrial Days together with Kemira and KONE in Singapore.

Take a look at our IR calendar for other upcoming events and roadshows.

The fourth quarter of 2017 has ended, and we would like to remind you of some highlights of the quarter. Cargotec’s financial statements review 2017 will be published on 8 February 2018. The silent period will commence on 18 January 2018. If you would like to book a call with us before that, please contact Tiina (tiina.aaltonen@cargotec.com).

Orders announced during Q4 2017

Other announcements during Q4 2017

On 21 December, Kalmar signed an agreement to acquire the port services business of Inver Engineering in Australia. Inver Port Services sales account for approximately EUR 5 million and it employs 23 people.

On 21 December, MacGregor signed an agreement to acquire Rapp Marine Group (RMG) in order to strengthen its offering for the fishery and research vessel segment. The enterprise value of the acquisition was approximately EUR 16 million. Rapp Marine Group’s sales in 2017 is estimated to be approximately EUR 40 million, of which approximately 30% is related to services.

On 29 November, Kalmar announced the introduction of new essential range of reachstackers, empty container handlers and forklifts and TL2 terminal tractor in Asia-Pacific region.

On 9 November, MacGregor announced a plan to achieve annual cost savings of approximately EUR 13 million. According to preliminary estimates, the planned efficiency improvement actions may lead to the reduction of approximately 190 employees globally.

On 9 October, Cargotec announced its financial calendar for 2018. The dates for result publications are:

-    Financial Statements review 2017, on Thursday, 8 February 2018
-    Interim report January-March 2018, on Tuesday, 24 April 2018
-    Half year financial report  January-June 2018, on Thursday, 19 July 2018
-    Interim report January-September 2018, on Friday, 26 October 2018

Investor activities and events during Q4 2017

Cargotec’s investor relations organised an investor day for Hiab on 1 December in Helsinki. The event included presentations by Hiab’s President Roland Sundén, CFO Simon Greaves, Services VP Anna Almlöf as well as New Business Solutions VP Jan-Erik Lindfors. Take a look at the presentation material, webcast, interviews with Hiab’s management as well as the IR blog posting about the event.

In addition to the Hiab Investor Day, we hosted roadshows in London, Edinburgh, Amsterdam, Singapore, Hong Kong, Tokyo, Chicago and New York. CFO lunch, targeted to sell-side analysts, was also organised in Helsinki.

New content on the website

Announced orders are available here

M&A history in new format

Have you already visited the IR video gallery?

Consensus

Take a look at the latest consensus estimates.

Upcoming activities

We will host a site visit to the production facilities of Hiab and Kalmar in Stargard Szczecinski, Poland, on 28 March 2018. The Annual General Meeting will take place in Helsinki on 20 March. Take a look at our IR calendar for other upcoming events. The preliminary roadshow program has also been updated to our calendar.

Updated 11 January 2018