Independent journal on economy and transport policy
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Konecranes has archived item the third trimester of this year with a net loss of -4,2 million euros
The revenues are piled to 746,2 million euros, in increase of +44.2% (decrease of the -7,2% to clearly of the effect of the acquisition of MHPS)
October 25, 2017
The Finnish group Konecranes, that it mainly produces means of raising for the industrial field, that harbour and terminalistico one and the ship yards, has closed the third trimester of this year with a net loss of.- 4,2 million euros respect to a profit clearly of 15,8 million euros in the period July-september of 2016. The revenues are piled to 746,2 million euros, with an increment of +44.2% that is determined by the acquisition of the division Material Handling & Port Solutions (MHPS) of the happened Terex at the beginning of 2017(on 17 May 2016). Al clearly of the effect of such acquisition the value total of the revenues recorded in the third trimester of 2017 turns out inferior of the -7,2% regarding the correspondent period of 2016. The operating profit has been attested to 6,8 million euros (- 72.7%).
In the third trimester of the 2017 value of the new acquired orders from the group it has been pairs to 750,1 million euros (+78.5%; +9.4% to clearly of the acquisition of MHPS) and the value of the pocketbook orders on 30 September have turned out pairs to 1.656, 6 million euros, with a +67.7% (+9.4% to clearly of the acquisition of MHPS) regarding on September 30, 2016.
The single division Port Solutions, that it mainly produces and it commercializes means of raising for the harbour field, in particular for the traffic of the container, and for the ship yards, has confiscated new orders for 292,2 million euros, with an increase of +43.9% regarding 203,0 million euros in the third trimester of 2016, while the revenues are diminished of the -12,1% attesting itself to 244,0 million euros. The value of the orderbook of the division on September 30, 2017 was pairs to 868,4 million euros (+26.7%).
In the first nine months of this Konecranes year it has totaled revenues pairs to 2,23 billion euros, with an increase of +47.9% (- 3.5% to clearly of the acquisition of MHPS) on the same period of 2016. The operating profit has been of 262,9 million euros (+387.8%) and the profit clearly of 203.2 million euros (+661.0%). In the first nine months of the 2017 value of the new orders it has grown of +71.6% (+8.1% to clearly of the acquisition of MHPS) to 2,27 billion euros.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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The Finnish group Konecranes, that it mainly produces means of raising for the industrial field, that harbour and terminalistico one and the ship yards, has closed the third trimester of this year with a net loss of.- 4,2 million euros respect to a profit clearly of 15,8 million euros in the period July-september of 2016. The revenues are piled to 746,2 million euros, with an increment of +44.2% that is determined by the acquisition of the division Material Handling & Port Solutions (MHPS) of the happened Terex at the beginning of 2017
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
