Independent journal on economy and transport policy
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Cargotec starts 2022 with growing financial results and orders
Revenues increased by +16.6%
April 27, 2022
Group operating profit amounted to EUR 37.5 million of euro (+53.1%), with a contribution of 43.5 million from Hiab (+31.4%), of 22.7 million from Kalmar (+26.1%) and with a contribution of sign negative for -5.7 million by MacGregor (-7.9 million in the third quarter 2021). Net profit amounted to 21.1 million euros (+119.8%).
In the first three months of 2022 the group acquired new orders for a total value of 1.13 billion euros (+1.8%), of which 499 million for Kalmar (-5.7%), 482 million for Hiab (+13.4%) and 154 millions for MacGregor (-4.3%). New orders for services have amounted to 307 million euros (+2.7%). As of March 31, the value of the order book was 3.15 billion euros (+42.1%), of which 1.45 billion related to Kalmar (+37.9%), 1.12 billion to Hiab (+75.2%) and 577 million to MacGregor (+10.1%).
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