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23 February 2020 The on-line newspaper devoted to the world of transports 15:12 GMT+1

July 27, 2017

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Original news
the acquisition of the MHPS has given an impulse to the economic performances of the Konecranes

In the first six months of the 2017 value of the new orders has grown of +68.4%

In the first semester of the 2017 revenues of the Finnish means producer of Konecranes raising has grown of +49.9% going up to 1,48 billion euros regarding 987,4 million euros in the first half last year. The important increment is effect of the acquisition of the business unit Material Handling & Port Solutions (MHPS) of the Terex, transaction that has had effect 4th January( 17of May 2016).

the operating result is piled to 256,1 million euros, with a rise of +785.3% regarding 28,9 million euros in the first six months of 2016. The increase is consequence also of extraordinary proceeds for 221,9 million euros determined from the sale of the STAHL CraneSystems the American Columbus McKinnon Corporation, transaction that has been capacity to term at the end last January.

Konecranes has closed the first semester of this year with a profit before taxes of 235,7 million euros (+1,435, 5%) and with a profit clearly of 207,4 million euros (+1,803, 1%).

In the first six months of the 2017 new acquired orders from the Finnish group has totaled a value of 1,52 billion euros (+68.4%). In the single field of the services the new orders are increased of +33.1%, in the field of means for the industrial activities they have grown of +35.1% and in the section of means of raising and handling for the harbour field they have marked a rise of +171.8%

the value of the orderbook to the 30 past june is gone up to 1,61 billion euros, with an increase of +53.9% regarding 1,04 billion euros to the 30 june 2016. In the single section for the harbour field the value of the pocketbook orders has grown of +7.3% to 817,2 million euros regarding 761,8 million euros to the 30 june 2016.

In the second solo trimester of the 2017 new acquired orders altogether from the group has been pairs to 790,2 million euros, with a +64.6% on the correspondent period last year, of which 261,6 million euros in single harbour segment (+4.8%). The group has archived item the trimester April-june of 2017 with revenues pairs to 797,2 million euros (+50.7%), of which 237,9 million euros in the segment of means for harbour field (- 1.7%), with an operating profit of 30,2 million euros (+5.4%) and with a profit clearly of 14,5 million euros (- 9.1%).

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