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26 August 2019 The on-line newspaper devoted to the world of transports 03:04 GMT+2

February 8, 2019

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Last year Cargotec has made gathering of orders, but the economic performances are gotten worse

The value of the new store clerks has been attested to 3,76 billion euros (+18%)

In the 2018 means producer of handling and Cargotec raising it has recorded a decided increase of the new orders the whose value has been attested to 3,76 billion euros, in increase of +18% on the year precedence. Last year the single Kalmar brand of the group Finnish, that it is dedicated to means and the cranes for the fields harbour, intermodal, logistic and industrial, has obtained new orders for a total of 1,92 billion euros (+23%). The Hiab brand, that it is turned to the segment of the cranes for the sections of the constructions, the transport and other industrial fields, has totaled new orders for 1,26 billion euros (+13%) and the MacGregor brand, assets in the field of means of offshore handling and systems for ships and systems, have confiscated new orders for 580 million euros (+11%). Al 31 last December the value of the pocketbook orders of the group turned out pairs to 1,99 billion euros, with an increment of +27% on on December 31, 2017, of which 1,0 billion for the brand Kalmar (+29%), 453 million for Hiab (+51%) and 530 million for MacGregor (+10%).

In the exercise anniversary the 2018 revenues of the group are piled to 3,30 billion euros, with a rise of +2% on the exercise precedence. The operating profit has been pairs to 190 million euros (- 14%) and the profit clearly to 108 million euros (- 19%).

"Year 2018 - the managing director of the Finnish group has explained, Mika Vehviläinen - has been two-faced for the Cargotec. The orders have remarkablly grown in all our areas of activity, but we have remained behind regarding our objective to improve our results. The operating profit of the Kalmar is improved, but the results more weak people than Hiab and MacGregor has lead to an inferior operating profit at the level of group regarding the year precedence. Although the question of equipments and services of the Hiab continued to strongly grow, its operating profit is diminished, in particular with the weakening of the dollar in confronts of the euro, but also because of difficulty from the logistic additional cost and point of view the relative. The context of market of MacGregor was still difficult, that it has carried to a decrease of the sales and the operating profit to clearly of the restructure costs. The operating profit of the Kalmar is improved thanks to measures that have improved the productivity".

In the solo fourth trimester of the 2018 revenues of the group they have been attested to 910 million euros, with a progression of +3% on the same period of the year precedence. The operating profit has been of 61 million euros (+11%) and the profit clearly of 34 million euros (+23%). In the period the new orders obtained from the Cargotec have reached a value of 991 million euros (+26%), of which 450 million for Kalmar (+22%), 357 million for Hiab (+24%) and 184 million for MacGregor (+46%).

Vincenzo Miele

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