Independent journal on economy and transport policy
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In the third Cargotec trimester it has recorded an increase of the orders and a decrease of the economic results
The orders to the branches MacGregor and Hiab have grown of +12.1% and +18.2%, while those to Kalmar are diminished of -9,8%
October 27, 2017
In the budget of the third trimester of this year the Finnish means producer of Cargotec handling has enrolled a profit clearly of 32,6 million euros on revenues pairs to 740,0 million euros, with decreases respective of the -2,7% and the -13,4% on the period July-september of 2016. The operating profit has been pairs to 52,7 million euros (- 6.2%).
The revenues of single the MacGregor branch, assets in the segment of means and equipments for the naval field and the offshore industry, are piled to 112 million euros (- 33.7%) and the operating profit has turned out of 1,9 million euros (0%). The volume of transactions generated from the Kalmar branch, than work in the field of the cranes and means of handling for the terminalistico-harbour field, has been pairs to 377 million euros (- 13.5%) and the operating profit has totaled 29,3 million euros (+6.5%). Single the Hiab branch, that it commercializes means of handling for the terrestrial transport and the industrial section, has recorded revenues pairs to 252 million euros (+0.8%) and an operating profit of 33,6 million euros (+2.1%).
In the third trimester of the 2017 group it has acquired new orders for a total value of 749 million euros (+2.2%), of which 139 million euros obtained from MacGregor (+12.1%), 351 million euros from Kalmar (- 9.8%) and 260 million euros from Hiab (+18.2%). Al 30 last September the value of the orderbook of the turned out group of 1,70 billion euros, with a decrease of the -9,4% regarding on September 30, 2016, of which 519 million euros in the pocketbook of the MacGregor (- 25.4%), 887 million euros in that of the Kalmar (- 3.8%) and 293 million euros in the pocketbook of Hiab (+13.6%).
In the first nine months of this year the revenues of the group have been attested to 2,38 billion euros, with a bending of the -7,9% on the period January-september of 2016, of which 432 million euros produced from MacGregor (- 25.6%), 1,14 billion euros from Kalmar (- 6.5%) and 804 million euros from Hiab (+3.2%). The operating profit of group is piled to 169,4 million euros (- 4.0%), with a contribution of sign negative and pairs to -0,1 million euros by MacGregor respect to an operating profit of 15,4 million euros in the first nine months of 2016 and with contributions of positive sign by Kalmar and Hiab and pairs respective to 88,4 million euros (+5.0%) and 117,1 million euros (+9.8%). The Cargotec group has closed the first nine months of 2017 with a profit clearly of 106,6 million euros (- 5.7%).
In the first nine months of the 2017 new orders they have been pairs altogether to 2,41 billion euros (- 2.2%), of which 396 million euros by MacGregor (- 11.2%), 1,18 billion euros by Kalmar (- 7.5%) and 827 million euros by Hiab (+12.7%).
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