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Cargotec's financial statements review 2018 was published on 8 February 2019
Read moreBrowse all Cargotec’s investor publications in this section. In case you need additional information, please contact Cargotec Investor Relations team.
Information about the financial statements review 2018.
Date |
Report |
| 25 April 2019 | Interim report January-March 2019 |
| 18 July 2019 | Half year financial report January-June 2019 |
| 22 October 2019 | Interim report January-September 2019 |
Cargotec's financial statements review 2018 was published on Friday, 8 February 2019 at 8.30 a.m. EET. A press conference for analysts and media, combined with a live international telephone conference, was held at Cargotec's head office, Porkkalankatu 5, Helsinki. The event can be viewed from this link.
Date |
Report |
Presentation |
Other |
| 8 February 2019 | Financial statements review 2018 | Q4 Financial statements review presentation | Webcast, podcast, transcript, Q&A IR blog |
| 26 October 2018 | January-September 2018 interim report | Q3 January-September presentation | Webcast, podcast, transcript, Q&A IR blog |
| 19 July 2018 | January-June half year financial report 2018 | Q2 January-June half year presentation | Webcast, podcast, transcript, Q&A IR blog |
| 24 April 2018 | Q1 Presentation | Webcast, podcast, transcript, Q&A IR blog |
Hanna-Maria Heikkinen, Vice President, Investor Relations, presents Cargotec's Q3 2018 results.
Hanna-Maria Heikkinen, Vice President, Investor Relations, presents Cargotec's Q2 2018 results.
Hanna-Maria Heikkinen, Vice President, Investor Relations, presents Cargotec's Q1 2018 results.
Date |
Report |
Presentation |
Other |
| 8 February 2018 | Financial statements review 2017 | Q4 Presentation Acquisition of marine and offshore business from TTS Group, presentation |
Webcast, podcast, transcript |
| 27 October 2017 | Interim report Q3 | Q3 Presentation | Webcast, podcast, transcript |
| 20 July 2017 | January-June half year financial report 2017 | Q2 January-June half year presentation | Webcast, transcript |
| 26 April 2017 | Interim report Q1 | Q1 Presentation | Webcast, transcript |
Hanna-Maria Heikkinen, Vice President, Investor Relations, presents Cargotec's Financial statements review 2017.
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.
Date |
Report |
Presentation |
Other |
| 8 February 2017 | Financial statements review 2016 | Q4 Presentation | Webcast, transcript |
| 25 October 2016 | Interim report Q3 2016 | Q3 Presentation | Webcast, transcript |
| 20 July 2016 | Interim report Q2 2016 | Q2 Presentation | Webcast, transcript |
| 29 April 2016 | Interim report Q1 2016 | Q1 Presentation | Webcast, transcript |
Date |
Report |
Presentation |
Other |
| 10 February 2016 | Financial statements review 2015 | Q4 Presentation | Webcast, transcript |
| 21 October 2015 | Interim report Q3 2015 | Q3 Presentation | Webcast, transcript |
| 21 July 2015 | Interim report Q2 2015 | Q2 Presentation | Webcast, transcript |
| 28 April 2015 | Interim report Q1 2015 | Q1 Presentation | Webcast, transcript |
Date |
Report |
Presentation |
Other |
| 10 February 2015 | Financial statements review 2014 | Q4 Presentation | Transcript |
| 23 October 2014 | Interim report Q3 2014 | Q3 Presentation | Transcript |
| 18 July 2014 | Interim report Q2 2014 | Q2 Presentation | Transcript |
| 29 April 2014 | Interim report Q1 2014 | Q1 Presentation | Transcript |
Date |
Report |
Presentation |
Other |
| 4 February 2014 | Financial statements review 2013 | Q4 Presentation | Transcript |
| 24 October 2013 | Interim report Q3 2013 | Q3 Presentation | Transcript |
| 18 July 2013 | Interim report Q2 2013 | Q2 Presentation | Transcript |
| 26 April 2013 | Interim report Q1 2013 | Q1 Presentation | Transcript |
Date |
Report |
Presentation |
Other |
| 12 February 2013 | Financial statements review 2012 | Q4 Presentation | Transcript |
| 25 October 2012 | Interim report Q3 2012 | Q3 Presentation | Transcript |
| 19 July 2012 | Interim report Q2 2012 | Q2 Presentation | Transcript |
| 26 April 2012 | Interim report Q1 2012 | Q1 Presentation | Transcript |
Date |
Report |
Presentation |
Other |
| 7 February 2012 | Financial statements review 2011 | Q4 Presentation | Transcript |
| 27 October 2011 | Interim report Q3 2011 | Q3 Presentation | Transcript |
| 21 July 2011 | Interim report Q2 2011 | Q2 Presentation | Transcript |
| 28 April 2011 | Interim report Q1 2011 | Q1 Presentation | Transcript |
Date |
Report |
Presentation |
Other |
| 3 February 2011 | Financial statements review 2010 | Q4 Presentation | Transcript |
| 27 October 2010 | Interim report Q3 2010 | Q3 Presentation | Transcript |
| 21 July 2010 | Interim report Q2 2010 | Q2 Presentation | Transcript |
| 29 April 2010 | Interim report Q1 2010 | Q1 Presentation | Transcript |
Date |
Report |
Presentation |
Other |
| 3 February 2010 | Financial statements review 2009 | Q4 Presentation | Transcript |
| 22 October 2009 | Interim report Q3 2009 | Q3 Presentation | Transcript |
| 20 July 2009 | Interim report Q2 2009 | Q2 Presentation | Transcript |
| 28 April 2009 | Interim report Q1 2009 | Q1 Presentation | Transcript |
Date |
Report |
Presentation |
Other |
| 2 February 2009 | Financial statements review 2008 | Q4 Presentation | Transcript |
| 20 October 2008 | Interim report Q3 2008 | Q3 Presentation | Transcript |
| 17 July 2008 | Interim report Q2 2008 | Q2 Presentation | Transcript |
| 18 April 2008 | Interim report Q1 2008 | Q1 Presentation | Transcript |
Date |
Report |
Presentation |
Other |
| 31 January 2008 | Financial statements review 2007 | Q4 Presentation | Transcript |
| 19 October 2007 | Interim report Q3 2007 | Q3 Presentation | Transcript |
| 18 July 2007 | Interim report Q2 2007 | Q2 Presentation | Transcript |
| 23 April 2007 | Interim report Q1 2007 | Q1 Presentation | Transcript |
Date |
Report |
Presentation |
Other |
| 30 January 2007 | Financial statements review 2006 | Q4 Presentation | Transcript |
| 19 October 2006 | Interim report Q3 2006 | Q3 Presentation | Transcript |
| 19 July 2006 | Interim report Q2 2006 | Q2 Presentation | Transcript |
| 24 April 2006 | Interim report Q1 2006 | Q1 Presentation |
Date |
Report |
| 6 February 2006 | Annual report 2005 Financial Statements |
| 31 January 2006 | Pro forma review January-December 2005 |
| 24 October 2005 | Pro forma review January-September 2005 |
Date |
Report |
| 20 Feb 2018 | Annual review 2017 Financial review 2017 |
| 16 Feb 2017 | Annual review 2016 Financial review 2016 |
| 17 Feb 2016 | Annual review 2015 Financial review 2015 |
| 12 Feb 2015 | Annual report 2014 |
| 12 Feb 2014 | Annual report 2013 |
| 18 Feb 2013 | Annual report 2012 |
| 16 Feb 2012 | Annual report 2011 |
| 3 Feb 2011 | Annual report 2010 |
| 3 Feb 2010 | Annual report 2009 |
| 2 Feb 2009 | Annual report 2008 |
| 31 Jan 2008 | Annual report 2007 |
| 30 Jan 2007 | Annual report 2006 |
| 6 Feb 2006 | Annual report 2005 Pro forma review |
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
This section contains all investor presentations and presentations of IR events, e.g. road shows. You can find the upcoming events in IR Calendar.
Investor presentation, February 2019
SEB Nordic Seminar presentation, Copenhagen, January 2019
Investor presentation, January 2019
Investor presentation, December 2018
Investor presentation, November 2018
Site visit to Singapore, presentations on Bromma and MacGregor, October 2018
Investor presentation, October 2018
Investor presentation, September 2018
Investor presentation, August 2018
Investor presentation, July 2018
Sustainability presentation, Oddo Environmental Forum, June 2018
Investor presentation, June 2018
Sustainability presentation, May 2018
MacGregor presentation, May 2018
Investor presentation, May 2018
Investor presentation, April 2018
Investor presentation, March 2018
Investor presentation, February 2018
Investor presentation, January 2018
This section contains all investor presentations and presentations of IR events, e.g. road shows. You can find the upcoming events in IR Calendar.
Sustainability presentation, December 2017
Investor presentation, December 2017
Hiab investor day presentation, December 2017, webcast
Investor presentation, November 2017
Investor presentation, October 2017
Investor presentation, September 2017
Investor presentation, August 2017
Investor presentation, July 2017
Site visit to Taicang RCI factory, presentation, June 2017
Investor presentation, June 2017
Software day presentation, June 2017, webcast
Investor presentation, May 2017
Investor presentation, April 2017
MacGregor investors day, March 2017
Credit investor presentation, March 2017
Investor presentation, March 2017
Investor presentation, February 2017
5 December Goldman Sachs European Industrials Conference
EVP, CFO Mikko Puolakka
SVP, Communications Leena Lie
3-5 December Roadshow with SEB, New York
CEO Mika Vehviläinen
VP, IR Hanna-Maria Heikkinen
1 December Roadshow with SEB, Boston
CEO Mika Vehviläinen
VP, IR Hanna-Maria Heikkinen
30 November Roadshow, Chicago
CEO Mika Vehviläinen
VP, IR Hanna-Maria Heikkinen
24 November Roadshow, Stockholm
CEO Mika Vehviäinen
24 November Nordea Nordic Focus Session, Frankfurt
EVP, CFO Mikko Puolakka
VP, IR Hanna-Maria Heikkinen
23 November Roadshow, Oslo
EVP, CFO Mikko Puolakka
VP, IR Hanna-Maria Heikkinen
21 November, Site visit Tampere
Dr Antti Kaunonen
6-7 September, Q2 2016 London RS group presentation
CEO Mika Vehviläinen
6-7 September, Q2 2016 London road show
CEO Mika Vehviläinen
31 May - 1 June, SEB road show, London
CEO Mika Vehviläinen
25 May, Handelsbanken road show, Milan
CEO Mika Vehviläinen
24 May, Kepler Cheuvreux road show, Paris
CEO Mika Vehviläinen
16 March, Carnegie London road show
President and CEO Mika Vehviläinen
10 March, Carnegie Capital Goods 2016 seminar, Stockholm
Executive Vice President and CFO Eeva Sipilä
9 March, Pohjola Zürich road show
Executive Vice President and CFO Eeva Sipilä
23 February, Handelsbanken Edinburgh road show
Executive Vice President and CFO Eeva Sipilä
7 January, SEB Nordic Seminar 2016, Copenhagen
Executive Vice President and CFO Eeva Sipilä
11 December, Handelsbanken London road show
President and CEO Mika Vehviläinen
9 December, HSBC Frankfurt road show
Executive Vice President and CFO Eeva Sipilä
2-4 December, Danske Bank Boston - New York road show
President and CEO Mika Vehviläinen
27 October, Carnegie Paris road show
Executive Vice President and CFO Eeva Sipilä
28 September, ABGSC London road show
Executive Vice President and CFO Eeva Sipilä
23 June, DnB Oslo road show
Executive Vice President and CFO Eeva Sipilä
12 June, Danske Bank Paris road show
President and CEO Mika Vehviläinen
10 June, Handelsbanken road show in Copenhagen
Executive Vice President and CFO Eeva Sipilä
3 June, Handelsbanken Mid/Small Cap Seminar in Stockholm
President and CEO Mka Vehviläinen
29 May, Carnegie New York road show
Executive Vice President and CFO Eeva Sipilä
5-6 May, Goldman Sachs European Small and Mid-Cap Symposium
Executive Vice President and CFO Eeva Sipilä
20 March, Kepler Cheuvreux London road show
President and CEO Mika Vehviläinen
5 March, Carnegie Capital Goods Seminar, Stockholm
Executive Vice President and CFO Eeva Sipilä
13 January, Evli London road show
President and CEO Mika Vehviläinen
8 January, SEB Nordic seminar in Copenhagen
Executive Vice President and CFO Eeva Sipilä
19 December, ABGSC Paris road show
Executive Vice President and CFO Eeva Sipilä
4 December, Handelsbanken Boston road show
President and CEO Mika Vehviläinen
3 and 5 December, SEB New York road show
President and CEO Mika Vehviläinen
27-28 November, Carnegie London road show
Executive Vice President and CFO Eeva Sipilä
30 September, Kepler Cheuvreux Edinburgh road show
President and CEO Mika Vehviläinen
16 September, Danske Bank Zürich road show
President and CEO Mika Vehviläinen
11 September, JPMorgan Small/MidCap conference, London
Executive Vice President and CFO Eeva Sipilä
10 September, HSBC London road show
Executive Vice President and CFO Eeva Sipilä
19 August, Carnegie Frankfurt road show
Executive Vice President and CFO Eeva Sipilä
17 June, Handelsbanken Small/Mid Cap seminar, Stockholm
Executive Vice President and CFO Eeva Sipilä
13 June, Nordea London road show
President and CEO Mika Vehviläinen
14 May, Danske Bank Paris road show
Executive Vice President and CFO Eeva Sipilä
5 and 7 May, DnB New York road show
Executive Vice President and CFO Eeva Sipilä
6 and 8 May, US road show with Handelsbanken
Executive Vice President and CFO Eeva Sipilä
1 April, Carnegie Stockholm road show
President and CEO Mika Vehviläinen
6 March, Carnegie Capital Goods Seminar, Stockholm
Executive Vice President and CFO Eeva Sipilä
19-20 February, ABGSC London road show
Executive Vice President and CFO Eeva Sipilä
8 January, SEB Nordic Seminar, Copenhagen
Executive Vice President and CFO Eeva Sipilä
5-6 December, Danske Bank New York - Boston road show
President and CEO Mika Vehviläinen
13 November, DnB London road show
President and CEO Mika Vehviläinen
25 September, Handelsbanken London road show
Executive Vice President and CFO Eeva Sipilä
24 September, SEB Enskilda Paris road show
President and CEO Mika Vehviläinen
23 September, Nordea Frankfurt road show
President and CEO Mika Vehviläinen
19 September, ABGSC Zürich road show
Executive Vice President and CFO Eeva Sipilä
5 June 2013, Carnegie London road show
President and CEO Mika Vehviläinen
4 June 2013, Handelsbanken Edinburgh road show
President and CEO Mika Vehviläinen
14 May 2013, HSBC Frankfurt road show
Executive Vice President and CFO Eeva Sipilä
2-3 April 2013, ABGSC Boston, New York road show
Executive Vice President and CFO Eeva Sipilä
26 March 2013, Evli Oslo road show
Executive Vice President and CFO Eeva Sipilä
7 March 2013, Carnegie Capital Goods Seminar 2013, Stockholm
Executive Vice President and CFO Eeva Sipilä
27-28 February 2013, Danske Bank London road show
Executive Vice President and CFO Eeva Sipilä
8 January 2013, SEB Enskilda Nordic Seminar 2013, Copenhagen
Executive Vice President and CFO Eeva Sipilä
4 December 2012, Pareto Öhman Stockholm road show
Executive Vice President and CFO Eeva Sipilä
5-6 November 2012, Cheuvreux London road show
Excecutive Vice President and CFO Eeva Sipilä
27 September 2012, Handelsbanken Paris road show
Executive Vice President and CFO Eeva Sipilä
26 September 2012, JP Morgan Conference in London
Excecutive Vice President and CFO Eeva Sipilä
12 June 2012, Handelsbanken's Mid/Small Cap Seminar in Stockholm
Excecutive Vice President and CFO Eeva Sipilä
30 May 2012, SEB Enskilda London road show
President and CEO Mikael Mäkinen
29 May 2012, Danske Bank Edinburgh road show
President and CEO Mikael Mäkinen
23 May 2012, Pohjola Bank Rotterdam and Amsterdam road show
Executive Vice President and CFO Eeva Sipilä
21-23 March 2012, Handelsbanken New York and Boston road show
Executive Vice President and CFO Eeva Sipilä
8 March 2012, Nordea Frankfurt road show
Executive Vice President and CFO Eeva Sipilä
28 February 2012, Deutche Bank London road show
Executive Vice President and CFO Eeva Sipilä
9 February 2012, Carnegie Copenhagen road show
Excecutive Vice President and CFO Eeva Sipilä
8 December 2011, Nordea Paris road show
Executive Vice President and CFO Eeva Siplä
24-25 November 2011, Carnegie London road show,
President and CEO Mikael Mäkinen
23 November 2011, ABGSC Frankfurt road show,
Executive Vice President and CFO Eeva Sipilä
10 November 2011, 6th Handelsbanken Crane seminar in Helsinki,
President and CEO Mikael Mäkinen
28-30 September 2011 Danske Bank New York,
Baltimore and Boston road show,
Executive Vice President and CFO Eeva Sipilä
21 September 2011, ABGSC Spotlight on Finland seminar in Helsinki,
Executive Vice President and CFO Eeva Sipilä
20 September 2011, Handelsbanken Edinburgh road show,
Executive Vice President and CFO Eeva Sipilä
7 September 2011 ABGSC London road show,
President and CEO Mikael Mäkinen
7 September 2011, Carnegie Investment Ideas seminar in Stockholm,
Executive Vice President and CFO Eeva Sipilä
13 June 2011 Cheuvreux London road show,
Executive Vice President and CFO Eeva Sipilä
11-12 May 2011 Carnegie New York and Boston road show,
President and CEO Mikael Mäkinen
2-3 May 2011, SEB Enskilda Paris road show,
President and CEO Mikael Mäkinen
4 March 2011, Swedbank Oslo road show,
Executive Vice President, Marine, Olli Isotalo
15-17 February 2011, Handelsbanken Amsterdam and London road show,
President and CEO Mikael Mäkinen
31 January 2011, Conference call
23 November 2010, Evli Frankfurt road show,
President and CEO Mikael Mäkinen
15 November 2010, 5th Handelsbanken Crane Seminar in Helsinki,
Executive Vice President, Marine, Olli Isotalo
4 November 2010, ABGSC seminar in Helsinki,
President and CEO Mikael Mäkinen
2 November 2010, SEB Enskilda London road show
President and CEO Mikael Mäkinen
2 September 2010 Carnegie London road show,
Executive Vice President and CFO Eeva Sipilä
15 June 2010, Handelsbanken Paris road show,
President and CEO Mikael Mäkinen
17 May 2010 Swedbank New York road show,
Executive Vice President and CFO Eeva Sipilä
10-11 May 2010 Cheuvreux London road show,
President and CEO Mikael Mäkinen
6 May 2010, Danske Bank Stockholm road show,
Executive Vice President and CFO Eeva Sipilä
26 March 2010, Deutche Bank London road show,
Executive Vice President and CFO Eeva Sipilä
11 March 2010, Evli Oslo road show,
Excecutive Vice President and CFO Eeva Sipilä
25 February 2010, Handelsbanken Amsterdam road show,
Executive Vice President and CFO Eeva Sipilä
7 January 2010, SEB Enskilda Nordic Seminar in Copenhagen,
President and CEO Mikael Mäkinen
In this section you can find videos, such as financial reviews and introductions to our business areas, which further describe Cargotec as an investment. Webcasts and presentations from quarterly press conferences can be found in the upper section "Result materials".
See also Cargotec's Youtube channel.
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 organised an investor event in Singapore in October 2018. In the below videos, MacGregor President Michel van Roozendaal as well as Bromma President Peter Cederholm tell about their businesses. The videos have English subtitles.
MacGregor, one of Cargotec's three business areas, focuses on merchant and offshore industries. MacGregor's president Michel van Roozendaal explains what MacGregor's competitive advantage is and what the future growth prospects look like. The parts with van Roozendaal were shot on 21 May, see also his presentation here. Blog about MacGregor can be read here.
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.
Hanna-Maria Heikkinen, Vice President, Investor Relations, presents Cargotec's Q3 2018 results.
Hanna-Maria Heikkinen, Vice President, Investor Relations, presents Cargotec's Q2 2018 results.
Hanna-Maria Heikkinen, Vice President, Investor Relations, presents Cargotec's Q1 2018 results.
Hanna-Maria Heikkinen, Vice President, Investor Relations, presents Cargotec's Financial statements review 2017.
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.
On a video interview Mikko Puolakka, Cargotec's CFO, explains what Cargotec's business areas, strengths and competitive advantages are, among other things.
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 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
Cargotec's Tero Hottinen explains why the container handling industry wastes €17B a year due to inefficiencies, and how that can be avoided. Read more from www.cargotec.com/sbt.
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.
Listen to podcasts about investor-related themes, such as quarterly results, IR events and interviews in order to better understand our business.
We are going to add more content during 2018.
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 fourth quarter and the year 2018 has come to its end, and we would like to remind you of the most important events of the quarter. Cargotec’s financial statements review 2018 will be published on Friday, 8 February 2019. The silent period will commence on Friday, 18 January 2019. 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 2019:
Cargotec’s Financial Statements 2018 and Annual Report 2018 will be available here on week 8.
| Date (and booking quarter) | Business area | Description | Country/ Customer | Value |
| 17 January (Q4/18) | Kalmar | Complete AutoRTG system which will comprise eight automated rubber-tyred gantry cranes (AutoRTGs) controlled by the Kalmar Terminal Logistic System (TLS) and new-generation remote control (RC) desks | Belfast Container Terminal (BCT) in Northern Ireland | Not disclosed |
| 15 January (Q4/18) | Kalmar | Four rubber-tyred gantry cranes (RTGs) with hybrid drivelines. The order includes the supply of a spare parts package for the machines | Exolgan container terminal, Buenos Aires | Not disclosed |
| 9 January (Q4/18) | MacGregor | Deck machinery destined for heavy-duty naval operations | US Naval Sea Systems Command (NAVSEA) T-ATSX-class vessel | Not disclosed |
| 3 January (Q4/18) | Kalmar | Four Kalmar SmartPower rubber-tyred gantry cranes (RTGs) equipped with a suite of process automation solutions | Norfolk Southern intermodal terminals in USA | Not disclosed |
| 21 December (Q4/18) | MacGregor | Cruise access equipment orders | Three European shipyards | EUR 22 million |
| 19 December (Q4/18) | Kalmar | Six Gloria reachstackers | Sitrans Servicios Integrados de Transportes Limitada (Sitrans), part of the Ultramar Group, Chile | Not disclosed |
| 18 December (Q4/18) | MacGregor | Hatch cover orders for eight 1,800 TEU containerships | Hyundai Mipo Dockyard (HMD) | Not disclosed |
| 17 December (Q4/18) | Kalmar | 41 units of Kalmar TL2 Terminal Tractors | SPT Services Sdn Bhd, Malaysia | Not disclosed |
On 14 December, Cargotec lowered 2018 guidance for operating profit excluding restructuring costs and expects the operating profit excluding restructuring costs for 2018 to be EUR 235-245 million. Earlier, based on the guidance given on 8 February 2018 Cargotec expected the operating profit excluding restructuring costs for 2018 to improve from 2017 (EUR 258.6 million, IFRS 15 restated).
Weaker profitability development in Hiab and MacGregor has resulted in lower than expected operating profit. Continuing bottlenecks in component supply chain and equipment installation capacity have resulted in extended delivery lead times in certain Hiab product categories and weaker than anticipated product mix. The component shortages have lead also to inefficiency and additional costs in assembly operations.
During the fourth quarter, MacGregor received clearances from both German and South Korean competition regulators for the acquisition of the marine and offshore business of TTS. MacGregor is still waiting for the approvals from the authorities in China, and that is why TTS acquisition is expected to close in Q1 2019. MacGregor earlier announced that it expects to receive all the needed approvals by the end of 2018 and to complete the transaction, according to the agreement, as soon as possible thereafter.
On 7 November, Cargotec announced it had issued Schuldschein loans in the amount of EUR 150 million. The transaction included floating and fixed rate tranches with maturities of 5 and 7 years. The Schuldschein loans were targeted to banks and institutional investors, with the proceeds going towards general corporate purposes, including refinancing and acquisitions.
On 21 December, Cargotec announced it had won its appeal in the USA to dispute a USD 13 million verdict of damages. In October 2016, Cargotec received a verdict of damages of USD 13 million in the USA in a local jury trial in Hempstead, USA. The verdict was related to business acquisition negotiations Cargotec USA had in 2010 and 2011. The negotiations were closed without results. The claim was based on Cargotec allegedly having breached confidentiality obligations related to the negotiations.
On 30 October, Cargotec announced MacGregor and China State Shipbuilding Corporation (CSSC) had signed a Letter of Intent (LOI) on strategic cooperation.MacGregor sees that this cooperation will further strengthen its presence in Asia and specifically in China, the world's biggest shipbuilding market. CSSC is a very important partner for MacGregor, as it is the primary shipbuilding group in China and well positioned as a global leader in the industry. The LOI relates to MacGregor's planned acquisition of the marine and offshore businesses of TTS Group and future cooperation potential between the two groups.
During the quarter, Cargotec announced it had made two major investments to support digitalisation and innovation capabilities. On 20 November, Cargotec announced it will invest EUR 32 million in accelerating the development of digital solutions to secure growth of new digital business. As part of the investment, Cargotec will open a new Digital Solutions Hub in Tampere, Finland. On 22 November, Kalmar announced it had officially inaugurated its new Innovation Centre in Ljungby, southern Sweden. Approximately 200 people will be based at the state of the art facility that has been designed to support new collaborative ways of working with modern architecture and cutting edge technology.
On 27 December, Cargotec announced the change of auditor. The Finnish Patent and Registration Office had designated Markku Katajisto, Authorised Public Accountant, as the company's statutory auditor for the financial year 2018, with the role taking effect immediately. Markku Katajisto will replace Tomi Hyryläinen as the company's auditor, as Tomi Hyryläinen has on 20 December 2018 announced his resignation from this position.
After the change, Cargotec's statutory auditors are PricewaterhouseCoopers Oy, Authorised Public Accountants and Markku Katajisto, Authorised Public Accountant.
On 6 November, Hiab announced it had completed the acquisition of Effer S.p.A. from CTE Group. Signing of the transaction was announced on 31 July 2018.
On 19 December, Cargotec announced it will start to repurchase its own shares. Between 20 and 28 December, a total of 160,000 own shares were repurchased. There was also a purchase of 40,000 shares on 2 January 2019. The total price of the purchases was 5,507,796.00 euros. Cargotec Corporation now holds a total of 419,603 shares including the shares repurchased in December and January. Read more details about the repurchase on Cargotec’s Investors webpage.
During the fourth quarter, Cargotec organised an investor event in Singapore in cooperation with KONE and Kemira. Cargotec hosted its part of the two-day event on 31 October, and the programme consisted of presentations given by Peter Cederholm, President of Bromma and Michel van Roozendaal, President of MacGregor. There was also a visit to PSA Singapore, the second largest container port in the world. Read a blog post of the event, watch video recaps or take a look at the material from the event here.
In addition, Cargotec hosted roadshows in Edinburgh, London, New York, and Toronto.
Take a look at the consensus estimates.
Come to meet Scott Phillips, new president of Hiab, on 27 February 2019 in Helsinki.
Take a look at our IR calendar for other upcoming events and roadshows in 2019.
Cargotec organised an investor event in Singapore in October 2018. In the below videos, MacGregor President Michel van Roozendaal as well as Bromma President Peter Cederholm tell about their businesses. The videos have English subtitles.
The third quarter of 2018 is soon coming to its end, and here is a reminder of some highlights of the quarter. Cargotec’s January-September 2018 interim report will be published on Friday, 26 October 2018. The silent period will commence on Friday, 5 October 2018. If you would like to book a call with us before our silent period, please contact Tiina (tiina.aaltonen@cargotec.com).
On 24 September, Cargotec announced its Board of Directors had confirmed the company's refined strategy for 2019-2021. With the business areas, Cargotec will continue to work towards the vision "Becoming the global leader in intelligent cargo handling".
During the current strategy period 2015-2018, the focus has been on leadership, services and digitalisation, and good progress has been made in all three areas. Services and digitalisation will continue to have a key role during the next strategy period, while leadership - still fundamentally important to the company - will now become an integrated part of Cargotec's processes.
In the coming strategy period, the new strategy elements are customer centricity and productivity.
Cargotec Corporation will disclose the following financial information in 2019:
Cargotec’s Financial Statements 2018 and Annual Report 2018 will be available here on week 8.
| Date (and booking quarter) | Business area | Description | Country/ Customer | Value |
| 26 September (Q3/18) | Kalmar | 12 hybrid straddle carriers, including maintenance and operator training as well as six months of on-site maintenance support | DP World Southampton | Not disclosed |
| 26 September (Q3/18) | MacGregor | Complete hatch cover sets and container fixed fittings for eight 1,800 TEU container ships | Hyundai Mipo Dockyard (HMD), in South Korea | Not disclosed |
| 7 September | Kalmar, Navis | Web-based fleet performance solution Bluetracker | Zeaborn Ship Management | Not disclosed |
| 6 September (Q3/18) | Kalmar | Two Kalmar Ship-to-Shore (STS) cranes, including related spare parts | Curaçao Port Services B.V. | Not disclosed |
| 13 August (Q3/18) | Kalmar | Three electrically powered rail-mounted gantry cranes (RMGs) with DCT specific customisation | Deepwater Container Terminal (DCT) Gdansk | Not disclosed |
| 9 August (Q3/18) | Kalmar | 10 new straddle carriers | Hamburger Hafen und Logistik AG (HHLA) | Not disclosed |
On 18 September, Cargotec's Board of Directors confirmed the record date and payment date of the second instalment of the dividend. The second instalment of the dividend, which amounts to EUR 0.52 for each class A shares and EUR 0.52 for each class B shares outstanding, will be paid to shareholders who are registered in the shareholders' register maintained by Euroclear Finland Ltd on the record date 20 September 2018. The payment date was confirmed as 27 September 2018.
On 23 August, Cargotec announced Scott Phillips B.Sc. (Industrial Technology), MBA, (b. 1966, US citizen) had been appointed President of Hiab business area as of 1 October 2018. He will be a member of the Cargotec Executive Board and report to CEO Mika Vehviläinen. Scott Phillips joins Cargotec from General Electric where he holds the position of Vice President and CEO Mining.
Roland Sundén, current President of Hiab, will take up a corporate development role in Cargotec as of 1 October, continuing to report to Mika Vehviläinen and as a member of the Cargotec Executive Board.
On 31 July 2018, Cargotec announced Hiab had entered into an agreement to acquire the Effer loader cranes business from the CTE Group for an enterprise value of EUR 50 million. Effer, founded in 1965, has over 50 years' experience in developing and manufacturing knuckle-boom cranes, with its product range encompassing truck cranes with a 3 to 300 tm lifting capacity, special application truck cranes, and marine cranes. Effer S.p.A. is headquartered in Minerbio, Italy and has approx. 400 employees.
The acquisition is subject to regulatory approvals expected to be received in the second half of 2018. Effer's results will be consolidated into Hiab from the closing date.
On 19 July 2018, Cargotec announced it will start to repurchase its own shares. Between 20 and 26 July, a total of 150,000 own shares were repurchased. Cargotec Corporation now holds a total of 219.603 shares including the shares repurchased in July. Read more details about the repurchase on Cargotec’s Investors webpage.
On 13 September, Hiab introduced the upgraded JONSERED recycling crane range for heavy-duty recycling.
On 10 September, Hiab introduced new, pioneering building material crane models to strengthen its loader crane portfolio.
On 4 September, MacGregor introduced a new breakbulk cargo stowage solution, the Breakbulk Optimiser, which enables operators to rapidly and optimally plan the stowage of many different cargoes, increasing vessel utilisation rates significantly and therefore improving business performance.
During the third quarter, Cargotec attended the SEB Industrial and technology seminar in Stockholm and Credit Suisse Industrial conference in London. Take a look at the material from these events at Cargotec’s webpage.
In addition, we hosted roadshows in Hong Kong, Tokyo, Singapore, and London.
Read our latest IR blog Reflections from Cargotec IR roadshow in Asia - US equities considered "safe investments" by some Asian investors, written by Hanna-Maria Heikkinen, VP, Investor relations.
Cargotec attended Finnish SijoitusSummit 2018 in August. Watch the interview with CFO Mikko Puolakka about Cargotec as an investment (in Finnish). https://sijoitussummit.fi/haastattelut/cargotec-mikko-puolakka
Take a look at the latest consensus estimates.
On 30-31 October, we will organize Finnish Industrial Days together with Kemira and KONE in Singapore.
Site visit to the production facilities of Hiab and Kalmar in Stargard Szczecinski, Poland will be organized during March 2019. More information will follow.
Take a look at our IR calendar for other upcoming events and roadshows.
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).
| Date (and booking quarter) | Business area | Description | Country/ Customer | Value |
| 19 June (Q2/18) | Kalmar | Two Kalmar rail-mounted gantry (RMG) cranes with remote control and extensive customisation | Rotterdam Short Sea Terminals (RST) | Not disclosed |
| 8 June (Q2/18) | Kalmar, Navis | State-of-the-art, fully automated intermodal terminal solution. The order includes the supply of the OneTerminal solution comprising Kalmar's automated train handling, automated yard crane and automated horizontal transportation equipment and the Navis N4 terminal operating system (TOS) | Qube's Moorebank Logistics Park (MLP) in south-western Sydney | Approx. EUR 80 million |
| 4 June (Q2/18) | Kalmar | Comprehensive upgrade of one of the terminal's ship-to-shore (STS) cranes | The Bristol Port Company | Not disclosed |
| 24 May (Q2/18) | Kalmar | Fully autonomous equipment, software and services for a unique, fully digitalised container handling solution at Yara's Porsgrunn facility | Yara,Norway | Not disclosed |
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.
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.
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.
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, one of Cargotec's three business areas, focuses on merchant and offshore industries. MacGregor's president Michel van Roozendaal explains what MacGregor's competitive advantage is and what the future growth prospects look like. The parts with van Roozendaal were shot on 21 May, see also his presentation here. Blog about MacGregor can be read here.
Take a look at the latest consensus estimates.
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.
|
Date |
Business area |
Description |
Country / customer |
Value |
|
MacGregor |
Upgrading and optimising the container stowage systems on board seven Hapag-Lloyd C-class (Samsung 9,300 TEU series) container vessels |
Hapag-Lloyd |
Not disclosed |
|
|
Kalmar |
Total of five electrically powered rubber-tyred gantry cranes (RTGs) with extensive customisation, including also the supply of a spare parts package for the machines |
Poland |
Not disclosed |
|
|
Kalmar, Navis |
Subscription agreement with Cosco Shipping Ports Ltd. (CSP) for the Navis N4 terminal operating system (TOS) |
- |
Not disclosed |
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.
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.
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.
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.
Take a look at the latest consensus estimates.
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
|
Date |
Business unit |
Description |
Country / customer |
Value |
|
Kalmar |
Four automated straddle carriers and an emulation system |
Germany |
Not disclosed |
|
|
Kalmar |
12 Classic Straddle Carriers |
Russia |
Not disclosed |
|
|
MacGregor |
Orders to optimise the container carrying capabilities of 31 MSC Mediterranean Shipping Company vessels |
Mediterranean shipping company |
Not disclosed |
|
|
Kalmar |
Two rail-mounted gantry cranes (RMGs) for intermodal operation |
Spain |
Not disclosed |
|
|
MacGregor |
Fabrication, engineering and project management of a complete subsea mooring and riser system |
Bangladesh-based company |
Not disclosed |
|
|
Kalmar |
Ten Kalmar Rough Terrain Container Handlers (RTCH) |
North America |
Approx. EUR 10 million |
|
|
Kalmar |
Xvela collaborative stowage solution |
Ocean Network Express |
Not disclosed |
|
|
Kalmar |
Siwertell ST 490-M ship unloader |
Norway |
Not disclosed |
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
