menu

Our businesses:

{{displayStock}}

Stock Exchange release

Cargotec's comparison figures for 2010 - 2011 in accordance with the new reporting segment structure

3/26/2012

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 26 MARCH 2012 AT 1 P.M. (EET)

As announced earlier, Cargotec will as of 1 January 2012 report financial information in three reporting segments: Marine, Terminals and Load Handling. On these reporting segments, Cargotec will disclose quarterly figures for orders received, order book, sales, operating profit and number of employees.

In addition to segment reporting, Cargotec will continue to disclose quarterly sales and number of employees by geographical area, which are EMEA (Europe, Middle East and Africa), Asia-Pacific and Americas.

The first interim report of 2012 to be published on 26 April 2012 will be prepared according to the new reporting structure. Cargotec's 2010-2011 financial information has been restated to comply with the new reporting segment structure. The new restated comparison figures below are also available in excel format at www.cargotec.com/investors/financials/reporting changes.

Orders received, MEUR Q4/2011 Q3/2011 Q2/2011 Q1/2011 2011 2010
Marine 216 246 248 286 997 1,040
Terminals 425 389 318 332 1,464 993
Load Handling 202 177 195 202 776 699
Internal orders received -1 -1 0 0 -3 -3
Total 842 811 761 819 3,233 2,729
Order book, MEUR Q4/2011 Q3/2011 Q2/2011 Q1/2011 2011 2010
Marine 1,375 1,407 1,487 1,595 1,375 1,675
Terminals 865 755 635 588 865 507
Load Handling 189 189 184 189 189 173
Internal order book -3 -1 0 0 -3 0
Total 2,426 2,349 2,306 2,373 2,426 2,356
Sales, MEUR Q4/2011 Q3/2011 Q2/2011 Q1/2011 2011 2010
Marine 284 297 310 322 1,213 1,050
Terminals 337 278 284 260 1,159 913
Load Handling 208 178 202 181 769 615
Internal sales -1 -1 -1 0 -2 -3
Total 828 753 795 763 3,139 2,575
Operating profit, MEUR Q4/2011 Q3/2011 Q2/2011 Q1/2011 2011 2010
Marine 42.9 44.0 45.9 43.3 176.2 147.6
Terminals 10.3 17.3 13.3 15.0 55.9 32.3
Load Handling 5.2 3.3 8.5 3.6 20.6 4.6
Corporate administration and other -10.5 -10.2 -13.6 -11.4 -45.7 -42.6
Operating profit excluding restructuring costs 48.0 54.4 54.0 50.6 207.0 141.9
Restructuring costs:
Marine 0.1
Terminals 6.2
Load Handling 2.1
Corporate administration and other 2.1
Operating profit 48.0 54.4 54.0 50.6 207.0 131.4
Operating profit, % Q4/2011 Q3/2011 Q2/2011 Q1/2011 2011 2010
Marine 15.1 14.8 14.8 13.4 14.5 14.1
Terminals 3.1 6.2 4.7 5.8 4.8 3.5
Load Handling 2.5 1.9 4.2 2.0 2.7 0.8
Cargotec, operating profit excluding restructuring costs 5.8 7.2 6.8 6.6 6.6 5.5
Cargotec 5.8 7.2 6.8 6.6 6.6 5.1

For further information please contact:
Eeva Sipilä, Executive Vice President and CFO, tel. +358 20 777 4104
Paula Liimatta, Director, Investor Relations, tel. +358 20 777 4084

Cargotec improves the efficiency of cargo flows on land and at sea - wherever cargo is on the move. Cargotec's daughter brands, Hiab, Kalmar and MacGregor are recognised leaders in cargo and load handling solutions around the world. Cargotec's global network is positioned close to customers and offers extensive services that ensure the continuous, reliable and sustainable performance of equipment. Cargotec's sales totalled EUR 3.1 billion in 2011 and it employs approximately 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com