Down the new orders to the means producers of handling Cargotec and Konecranes in the last trimester of 2019



The performances of own MacGregor brand, that it commercializes the means of offshore handling and systems for produced ships and systems from the group, continue to weigh on the results of the Cargotec Finn and have carried the company to record in the fourth trimester of a 2019 net loss of light entity that represents the first economic result clearly of sign negative after 21 consecutive trimesters was concluded with a profit. In the period October-December last year the turnover of the group is piled to 1,01 billion euros, in increase of +12% on the correspondent period of 2018. The operating profit has marked a decrease of the -70% coming down to 18,0 million euros and the net loss has been pairs to about -300 thousand euros respect to a profit clearly of 34,1 million euros in the last trimester of 2018.

In the fourth trimester of the 2019 turnover produced from the single MacGregor it has been of 176 million euros (+18%) and the operating result of the division has been of sign negative and pairs to -59,9 million euros respect to a result negative for -7,3 million euros in the last trimester of the year precedence. Also the turnover generated from the Hiab division, assets in the segment of the cranes for the fields of the constructions, the transports and industrial other asset, has shown a decided increment of +16% having attested itself to 368 million euros and in strong increase it has turned out also the operating profit that has totaled 48,3 million euros (+40%). The third main section of activity of the group, that of the cranes for the fields harbour, intermodal, logistic and industrial that are covered by the Kalmar division, has recorded a turnover of 417 million euros (+6%) and an operating profit of 41,2 million euros (- 13%).

In the fourth trimester last year the group has obtained new total orders for 962 million euros (- 3%), of which 192 million euros of acquired orders from MacGregor (+5%), 322 million from Hiab (- 10%) and 446 million from Kalmar (- 1%). The value of the orderbook of the group on 31 December was pairs to 2,09 billion euros (+5%), of which 633 million for MacGregor (+20%), 406 million for Hiab (- 10%) and 1,05 billion for Kalmar (+4%).

In the entire exercise anniversary the 2019 turnover of the group is piled to 3,68 billion euros, with an increase of +11% on the exercise precedence, of which 611 million generated from MacGregor (+14%), 1,35 billion from Hiab (+18%) and 1,72 billion from Kalmar (+6%). The operating profit of group has been of 180,0 million euros (- 5%), with a contribution of sign negative for -83,3 million by MacGregor (- 4,2 million in 2018) and contributions of positive sign for 159,3 million from Hiab (+19%) and of 154,4 million from Kalmar (+12%). The Finnish group has closed 2019 with a profit clearly of 89,4 million euros (- 17%).

Last year the new acquired orders from the group have been pairs to 3,71 billion euros (- 1%), of which 630 million brought from MacGregor (+9%), 1,31 billion from Hiab (+4%) and 1,78 billion from Kalmar (- 7%).

Relatively to orderbook of Kalmar, the managing director of the Cargotec, Mika Vehviläinen, has evidenced that positively he is influenced by the increase of the question of solutions of automation of harbour means of handling, as the customers of this field are putting into effect investments in this field in order to automate their harbour terminals. Vehviläinen has specified that, instead, in last part of the 2019 tendency of the question of harbour equipments furniture has shown a bending.

Konecranes, the other Finnish producing means head physician of handling, has archived item the fourth trimester of 2019 with an emphasized increase of the performances financial institutions: the turnover clearly has marked an increment of +2.5% to 933,3 million euros, the operating profit has been pairs to 65,5 million euros (+26.3%) and the profit clearly to 45,8 million euros (+28.0%). The single division Port Solutions, that it commercializes mainly average for the harbour field, arranges for bulk handling and goods several and equipments for the ship yards, have closed the period with a turnover clearly of 320,3 million euros (+4.6%) and an operating profit of 24,2 million euros (+706.7%). In the period October-December of the 2019 group it has acquired new orders for 781,3 million euros (- 16.0%) to which Port Solutions it has contributed with 264,4 million euros (- 33.8%). The value of the pocketbook orders of the group on December 31, 2019 was pairs to 1,82 billion euros (+6.3%), of which 959,7 million for Port Solutions (+5.4%).

In the entire year the 2019 turnover clearly of the group has been of 3,33 billion euros (+5.4% on 2018), of which 1,12 billion from Port Solutions (+10.2%). The operating profit has been of 148,7 million euros (- 10.5%), with contribution of 71,3 million euros from Port Solutions (+78.1%). The group profit clearly has been of 82,8 million euros (- 15.8%). Last year the orders obtained from the group have totaled 3,17 billion euros (+2.5%), of which 1,15 billion generated from Port Solutions (+4.7%).