Independent journal on economy and transport policy
16:47 GMT+1
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The value of the Konecranes orderbook has risen to a record share
The company expects the merger with Cargotec to be completed by mid-2022
July 28, 2021
In the April-June period of 2021, the business volume of Konecranes was 759.3 million euros (+ 7.7%), of which 243.5 million for the Port Solutions division alone (+ 17.1%). Operating profit was 46.6 million euros (+ 9.1%), with an input of 15.6 million euros from the port means division (+ 52.9%). The Finnish firm closed the second quarter of this year with a net profit of 28.4 million euros (-6.3%).
In the entire first half of 2021, Konecranes ' revenues were 1.46 billion euros, with a slight decline of -0.7% percent in the first half of last year, of which 479.5 million were related to the Port Solutions division (+ 4.1%). Operating profit amounted to 84.1 million euros (+ 66.5%), with a supply of 31.2 million from the divisions of the port means (+ 358.8%). Konecranes archived the first half of this year with a net profit of 46.8 million euros (+ 12.0%). In the first six months of 2021, the value of new orders was 1.57 billion euros (+ 19.0%), of which 547.6 million was for the Port Solutions division (+ 28.1%).
We recall that Konecranes has in place a merger procedure with compatriate Cargotec, a group also active in the field of means and solutions for the handling of loads ( of the 1 ° October 2020). The proposed merger is currently the subject of an investigation launched by the European Commission in recent days. (
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In the April-June period of 2021, the business volume of Konecranes was 759.3 million euros (+ 7.7%), of which 243.5 million for the Port Solutions division alone (+ 17.1%). Operating profit was 46.6 million euros (+ 9.1%), with an input of 15.6 million euros from the port means division (+ 52.9%). The Finnish firm closed the second quarter of this year with a net profit of 28.4 million euros (-6.3%). 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
