Independent journal on economy and transport policy
11:40 GMT+1
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Cargotec has closed the third trimester with a profit clearly of 24,9 million euros (- 30%)
The revenues are increased of 5% and the operating profit is diminished of 29%
October 25, 2012
In the third trimester of the 2012 means producer of Cargotec handling it has recorded revenues for 794 million euros, in increase of 5% on the correspondent period last year. The operating profit is diminished of 29% to 38,5 million euros and the profit clearly is dropped of 30% to 24,9 million euros. In the first nine months of the 2012 group it has totaled revenues for 2.437 million euros, with an increase of 5% on the same period of 2011, and operating and useful profit clearly pairs respective to 111,7 million and 80,4 million euros, decreasing of 26% and 30% on the period January-september last year.
The new orders obtained from Cargotec have reached the value of 2.348 million euros in the first nine months of this year and 719 million euros in the solo third trimester 2012, with contractions respective of 2% and 11% on the same period of 2011. The value of the pocketbook orders on September 30, 2012 era of 2.312 million euros regarding 2.349 million euros on September 30, 2011.
The president and managing director of the group, Tapio Hakakari, have remembered that "Cargotec has started a deep restructure with the objective to improve the profit. - It has explained - in future each activities in the Marine areas, Terminals and Load Handling will include the services and will operate in more independent way regarding before (informing on September 17, 2012, ndr). This operating model - it has remembered - will contribute also to support arrangements for the quotation on the securities market of Navy in Asia". Cargotec in fact has confirmed to preview the landing place to the list of the Stock exchange of Singapore to more late within the second half of 2013.
In recent months the Cargotec group has reduced the staff from 10.928 units on December 31, 2011 to 10.550 at the end last month, of which 2,040 employees in division Marine (2,129 on December 31, 2011), 5,142 in the division Terminals (5,146), 3,121 in the division Load Handling (3,364) and 246 in other functions (289).
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In the third trimester of the 2012 means producer of Cargotec handling it has recorded revenues for 794 million euros, in increase of 5% on the correspondent period last year. The operating profit is diminished of 29% to 38,5 million euros and the profit clearly is dropped of 30% to 24,9 million euros. In the first nine months of the 2012 group it has totaled revenues for 2.437 million euros, with an increase of 5% on the same period of 2011, and operating and useful profit clearly pairs respective to 111,7 million and 80,4 million euros, decreasing of 26% and 30% on the period January-september last year.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
