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22 November 2019 The on-line newspaper devoted to the world of transports 13:03 GMT+1



October 22, 2019

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Original news
Cargotec records an increment of the quarterly revenues and a decrease of the orders

The period July-september has been archived item with a profit clearly of 29,7 million euros (- 21.6%)

In the third trimester of this year the revenues of the Cargotec group, that it produces to means of raising and handling with the marks Kalmar, Hiab and MacGregor, are increased of +12.0% being piled to 901,3 million euros regarding 804,6 million euros in the period July-september of 2018. The operating profit has grown of +6.2% to 57,9 million euros and the profit clearly has marked a bending of the -21,6% coming down to 29,7 million euros, reduction that is attributable mainly to an increase of the voice of the taxes pairs to 11,3 million euros.

Decreasing also the new orders that have totaled 858 million euros, with a decrease of the -6,8%, of which 396 million (- 18.5%) of store clerks to the Kalmar brand that work in the segment of the cranes for the fields harbour, intermodal, logistic and industrial, 307 million (+4.4%) to the Hiab brand, than takes care of crane for the fields of the constructions, the transports and industrial other asset, and 156 million (+10.6%) to the MacGregor brand, assets in the field of means of offshore handling and systems for ships and systems.

In the third trimester of the 2019 revenues recorded from the Kalmar they have been attested to 424 million euros (+2.2%) and the brand has obtained an operating profit of 47,5 million euros (+23.1%). The volume of transactions of the Hiab has been of 307 million euros (+18.1%) and the operating profit is piled to 30,3 million euros (+26.8%). MacGregor has closed the period July-september of this year with revenues pairs to 170 million euros (+30.8%) and an operating result of sign negative pairs to -9,8 million euros respect to an operating profit of about 2 thousand euros in the third trimester of 2018.


Vincenzo Miele



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