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In case you missed it during yesterday's results coverage: Hiab landed its largest ever commercial order! The over 60 MEUR deal means Hiab will be supplying one of the largest home improvement chains in the US with MOFFETT M8 55.4 NX truck mounted forklifts, including five year ProCare Essential service contracts and each unit equipped with HiConnect. "This is a true milestone. I would like to thank everybody involved from sales, to planning, and to the assembly line," commented Alexander Gelis, Hiab's Director Sales and Product Business Truck Mounted Forklifts. More information in the press release: https://www.cargotec.com/en/nasdaq/press-release-hiab/2019/hiab-secures-its-biggest-ever-commercial-order/
Our Q2 results can also be consumed in Finnish from our newest results podcast. Check it out for Hanna-Maria Heikkinen's, VP, Investor Relations, fresh comments about our performance and development during the second quarter. This time we also have a special guest - Senior Equity Research Analyst Erkki Vesola from Inderes stopped by to give a few tips for investors on how to approach the results season. https://soundcloud.com/cargotecpodcasts/katsaus-cargotecin-tammikesakuun-2019-puolivuosikatsaukseen
Our Q2 results summarised in 3 minutes! Here Pekka Rouhiainen and Kati Marttila guide you through the highlights of the second quarter and our market outlook.
Second quarter results are out! Although our comparable operating profit improved by 12%, Q2 was a two-fold quarter for us. Hiab produced a record-breaking result of 47,3 MEUR operating profit, while MacGregor Global had a weak quarter in a challenging market situation. Kalmar Global reported a strong operating profit, but orders were below last year’s level mainly due to the 80 MEUR automation order of the comparison period. Read more from the press release: https://www.cargotec.com/en/nasdaq/stock-exchange-release-kalmar-hiab-macgregor/2019/cargotecs-januaryjune-2019-half-year-financial-report-good-progress-in-hiab-and-kalmar/