In the first trimester the producer of crane Konecranes has recorded an increase of +18.1% of the new orders



The Konecranes Finn, manufacturer of crane and other means of raising, has concluded the first trimester of this year recording, on the wake than happened in the last trimester last year, an increment of the new orders and of the turnover that is I yield mainly of the effect of favorable dynamics of the exchange rates. In the first three months of the 2015 society it has confiscated new orders for a value of 518,8 million euros, with an increase of +18.1% (+9.5% to constant currency) regarding 439,3 million euros in the first trimester of 2014. The value of the orderbook on 31 March is gone up of +18.5% to 1,1 billion euros regarding 937,9 million euros on March 31, 2014.

In the first trimester of this Konecranes year it has totaled revenues for 474,9 million euros, with a progression of +11.1% (+2.6% to constant currency) on the correspondent period of 2014. The revenues generated from the activities in the Service area have grown of +13.5% to 225,8 million euros and those generated from the Equipment division, than take care of the production and commercialization of means of raising, is increased of +8.3% to 275,4 million euros. The EBITDA to clearly of the restructure costs has been pairs to 25,8 million euros, in increase of +2.9%. The operating profit instead is dropped of the -21,9% attesting itself to 11,8 million euros. More emphasized the bending of the economic result clearly that it is piled to 5,6 million euros (- 35.5%).

"The development differentiated between ours two activity - it has explained the president and managing director of Konecranes, Pekka Lundmark - is continued in the first trimester. The service activities have supplied good results and are continued the important increase of the profits to which we assist from 2011. Our contract base of the service activities is currently pairs to 211 million euros, 15.5% in more respect to a year makes. Together to a system, new promising series opportunity new of information and the introduction of new producing of service, this very makes to hope for the future of the business. The Equipment activity - it has continued Lundmark - has had a difficult trimester. Seasonally the low volumes together to a mix of producing unfavorable, and to the fact that the effects of the monetary changes are not still found in the result for the mechanisms of cover of the currency, have determined a lowering of the result beneath of the level last year. For the remaining part of the year - it has specified Lundmark - a better result is attended from the moment that the pocketbook orders of the activity segment has reached almost the historical record, pushing out the volumes of deliveries in the next trimesters. Moreover it is taking overhong already announced program of control of the costs of the value of 30 million euros that will be put into effect within the end of the first trimester of 2016. Also the euro weak person will begin to support the result of the Equipment division".