The manufacturer of handling equipment for the port sector and Kalmar intermodal system, which was held on 30 June completed the spin-off from the Finnish group Cargotec, has archived the third quarter of this year with a turnover of 905 million euro, down -16% on the same period in 2023. The profit amounted to €53.9 million (-9%) and net profit at 36.2 million euros (-27%). In the period July-September of 2024 The Finnish company has collected new orders for a value of of €416 million (+6%) and at the end of the period value of the order backlog was 905 million euros (-23%).

With regard to the contraction in turnover, the president and Kalmar's CEO, Sami Niiranen, specified that the decline was the result of a slowdown of market activity and a lower orderbook compared to the previous year.

In the first nine months of 2024, turnover amounted to 1.28 billion euros, down -17% on the same period last year. Operating profit totalled €135.6 million (-27%) and net profit 100.98 million euros (-33%). In the top nine months of this year, the value of new orders acquired was state of 1.19 billion euros (-8%).