The Finnish company Konecranes, which produces vehicles and equipment of lifting, closed 2024 with record revenues of 4.23 billion, with a growth of +6.6% on the annual year previous. Also the values of the gross operating margin, the profit operating and net profit reached new all-time highs having amounted to €631.9 million (+22.2%), €511.4 million respectively million (+27.0%) and 368.4 million euro (+33.7%). A turnover and a operating profit has never been so high, even in the segment of vehicles for port use alone, having respectively to 1.52 billion (+11.0%) and 133.5 million euros (+40,4%).

The value of new orders acquired during 2024 instead marked a decrease of -3.9% having been almost four billion euros, of which 1.35 billion relating to the port vehicles (-8.0%).

Even in the fourth quarter of last year alone, the revenues of the group achieved a new quarterly all-time high being states amounting to 1.21 billion euros, with an increase of +5.5% on the same period as 2023. Ebitda is amounted to €173.4 million (+26.5%), operating profit to €146.4 million million (+20.4%) and net profit of €108.3 million (+12.3%). Even the revenues totaled in the port vehicles segment reached a new record with 473.4 million euros (+6.3%) and The sector also reported a record quarterly operating profit with 43.4 million euros (+27.3%).

The value of new orders acquired by the group in the period October-December 2024 was €1.17 billion (+25.9%), lower only than the record of 1.29 billion of the first quarter of 2023. As at 31 December, the value of the portfolio Konecranes' order books amounted to 2.89 billion (-5.0%). In the fourth quarter of last year, new orders for port vessels totalled 460.5 million (+51.5%) and at the end of 2024 the value of the orderbook of this segment was 1.56 billion euros (-8,6%).

Konecranes Chief Executive Officer, Anders Svensson, said highlighted that the outlook for 2025 is good, with a demand that is expected to be high even if the timing customer decision-making continues to be more protracted in relation to the most important industrial projects. Positive also the forecasts for the port equipment sector in consideration of the good long-term prospects of traffic containerized.