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26 October 2020 The on-line newspaper devoted to the world of transports 05:40 GMT+1

July 18, 2019

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Original news
Positive according to trimester for the Kalmar marks and Hiab of the Cargotec group

Still difficulty for the MacGregor division

The Finnish group Cargotec, that it produces means of raising, has closed the second trimester of this year with a profit clearly of 29,0 million euros on revenues pairs to 911,4 million euros, with increments respective of the +1,160, 9% and of +11.6% on the same period of 2018. The operating profit is piled to 53,0 million euros (+148.8%).

The Kalmar division, that it is active in the segment of the cranes for the fields harbour, intermodal, logistic and industrial, has totaled revenues pairs to 427 million euros (+9.8%) and an operating profit of 34,6 million euros (+41.2%). The Hiab division, than work in the segment of the cranes for the constructions, the transports and industrial other asset, it has recorded revenues pairs to 358 million euros (+21.4%) and an operating profit of 47,3 million euros (+20.1%). The MacGregor division, than takes care of means of handling and systems for ships and systems offshore, have obtained revenues pairs to 127 million euros (- 4.5%) and an operating result of sign negative and pairs to -12,9 million euros respect to an operating profit of 2,8 million euros in according to trimester last year.

In the period April-june of the 2019 Finnish group has confiscated new orders for a value total of 872 million euros, down of the -11,1%, of which 417 million for Kalmar (- 24.2%), 340 million for Hiab (+13.0%) and 116 million for MacGregor (- 11.5%). Al 30 last June the pocketbook orders of the group turned out pairs to 2,07 billion euros, in increase of +16.0% on on June 30, 2018.

Specifying that according to trimester it has been two-faced for Cargotec, with results in rise for Kalmar and Hiab and a scene of still difficult market for MacGregor, the managing director of the group, Mika Vehviläinen, have remembered that the MacGregor division will be strengthened by the acquisition of the activities in the offshore field marine and of Norwegian TTS Group(of 8 February 2018). Vehviläinen has announced that the operation has obtained all the necessary authorizations and that the 31 is previewed to conclude the next acquisition July.

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