Independent journal on economy and transport policy
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In according to trimester of this Cargotec year it has recorded an improvement of the economic performances and a decrease of the orders
Orders down for the marks MacGregor (- 35%) and Hiab (- 15%) and in increase for Kalmar (+14%)
July 21, 2015
The Finnish group Cargotec, that it produces means of cargo handling for the fields marine, harbour, intermodal and offshore, has closed the second trimester of this year with a profit clearly of 27,4 million euros respect to a net loss of -9,3 million euros in the correspondent period of 2014. The revenues are increased of +16.5% attesting itself to 936,2 million euros. The operating result has been of positive sign for 54,9 million euros respect to operating liabilities of -6,0 million euros in the period April-june last year.
The single operating division MacGregor, than takes care of the production and commercialization of means of handling and of services for the marine transport and the industries offshore, it has archived item the second trimester of the 2015 with an operating profit of 9,6 million euros on revenues for 308 million euros respect to an operating profit of 14,9 million euros on revenues for 261 million euros in the same period of 2014.
The operating division Kalmar, that it produces and it commercializes means of handling for the ports, the terminals, the centers of distribution and for industrial applications, has totaled an operating profit of 28,2 million euros on revenues for 391 million euros respect to operating liabilities of -19,7 million euros on revenues for 323 million euros in according to trimester of 2014.
The operating division Hiab, that it on the road produces and it commercializes means of cargo handling, has recorded an operating profit of 25,3 million euros on revenues for 237 million euros respect to an operating profit of 5,3 million euros on revenues for 221 million euros in according to trimester last year.
In according to trimester of the 2015 Cargotec group it has obtained altogether new orders for a value of 887 million euros, with a decrease of the -11% regarding 993 million euros in according to trimester of 2014, of which 220 million euros obtained from the brand MacGregor (- 35%), 450 million euros from the brand Kalmar (+14%) and 221 million euros from the Hiab brand (- 15%). The value of the pocketbook orders of the group on 30 June was pairs to 2.342 million euros regarding 2.285 million euros on June 30, 2014, of which 1.104 million euros for MacGregor (- 6%), 946 million euros for Kalmar (+11%) and 297 million euros for Hiab (+19%).
At the end of the first semester of the 2015 dependent number of the Cargotec group it was of 10.730 units regarding 10.703 on December 31, 2014, of which 2,650 people employed near MacGregor (2,737 on December 31, 2014), 5,284 employees near Kalmar (5,219), 2,598 near Hiab (2,572) and 197 employees in the fields administrative and of support (176).
Commenting the results achieved from the group in according to trimester of this year president and managing director of Cargotec, Mika Vehviläinen, it has manifested satisfaction for the increase of the revenues, for the elevated level of activity, orders and economic results recorded from Kalmar and Hiab and disappointment for the low level of orders and economic performances that continues to characterize the activity of MacGregor because of the phase of difficulty crossed from the market of the marine transport.
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