Independent journal on economy and transport policy
10:10 GMT+1
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In increase the recorded economic results from Konecranes in 2016
The new orders are diminished of -2,3%
February 8, 2017
Konecranes, the Finnish company means manufacturer of raising and handling, has concluded 2016 with a profit clearly of 37,6 million euros, with an increment of +22.1% regarding 30,8 million euros in the exercise anniversary precedence. The revenues are piled to 2.118, 4 million euros (- 0.4%), the EBITDA to 138,5 million euros (+18.3%) and the operating profit to 63,0 million euros (+34.6%).
"In 2016 - it has commented the president and managing director of the Finnish group, Panu Routila - we have had turned out satisfactory. This us is profitable ready for integration of the activities MHPS that we have at the beginning acquired of 2017". Konecranes in fact has bought the business unit Material Handling & Port Solutions of the Terex, acquisition that is authorized by the EU commission and that it is completed 4th January ( on 17 May and 8 August 2016).
Last year the Finnish group has obtained new orders for a total pairs to 1.920, 7 million euros, with a decrease of the -2,3% on 2015. The value of the pocketbook orders on 31 December was pairs to 1.038, 0 million euros regarding 1.036, 5 million euros on December 31, 2015.
In the solo fourth trimester of the 2016 Konecranes has confiscated new orders for 595,1 million euros, with an increment of +16.1% on the same period of 2015. The trimester October-December last year has been archived item with revenues pairs to 613,3 million euros (+0.7%), an EBITDA pairs to 43,6 million euros (+2.2%), an operating result of 31,0 million euros (+0.5%) and a profit clearly of 10,8 million euros (- 13.9%).
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