Independent journal on economy and transport policy
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Decrease of the quarterly economic performances of the Konecranes, but not in the segments of the harbour cranes and the services
In the period July-september the value of the harbour means orders is piled to 249,0 million euros (+3.8%)
October 24, 2019
In the third trimester of this year the revenues of the Finnish group Konecranes, that it produces and it commercializes means of handling, are piled to 841,3 million euros, with an increment of +5.1% on the same period of 2018. In the single segment of the cranes for the harbour field the revenues have been attested to 305,6 million euros, with a rise of +16.5%. The operating profit of group has been pairs to 17,9 million euros (- 63.1%), with a contribution from the field of the harbour cranes of 18,8 million euros (+11.9%). Positive also the results in the segment of the services with revenues pairs to 312,1 million euros (+5.3%) and an operating profit of 47,4 million euros (+7.6%). Konecranes has closed the trimester July-september of 2019 with a profit clearly of 3,7 million euros (- 88.4%).
In the third trimester of this year the Finnish group has acquired new orders for a total value pairs to 715,3 million euros (- 0.2%), of which 249,0 million euros in the single segment of harbour means (+3.8%). Konecranes has specified that in this last section the increase is produced by the question of straddle carrier and has specified that, to constant exchange rates, the increase of the value of the store clerks turns out of +3.9%. The value of the orderbook of the group on 30 September turned out pairs to 1,92 billion euros, in increase of +18.4% on on September 30, 2018, of which 1,01 billion in the segment of harbour cranes (+24.6%; +24.5% to constant exchange rates).
In the first nine months of the 2019 group it has obtained new orders for a total of 2,39 billion euros, with an increase of +10.4% on the correspondent period of 2018, of which 882,9 million euros in the segment of harbour cranes (+26.7%).
In the period January-september of this year the revenues are piled to 2,39 billion euros (+6.6%), with a contribution of 795,4 million from harbour cranes (+12.6%), and the operating profit has been of 83,2 million euros (- 27.2%), of which 47,1 million generated in the field of harbour cranes (+27.3%). The profit clearly has been attested to 37,0 million euros (- 40.9%).
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