Cavotec Group

* Customer caution weighing on estimates* We lower '25e-'27e sales by 11-4% and adj. EBIT by EUR 12m* Large P&M deliveries delayed to '26e ('25e previously)Q3 a slow quarter, in line with expectationsCavotec reported sales in line with estimates of EUR...

* Sales in line, EBIT adj. EUR +0.5m vs. ABGSCe* Orders -18% vs. ABGSCe, weighed by timing and customer caution* Strengthened profitability in IndustryQ3 resultsOrder intake came in at EUR 36m (-18% vs. ABGSCe 44m), flat y-o-y. Sales came in at EUR 36m...

* Report out on 7 November* Q3e sales of EUR 40m (44m), EBIT EUR 2.3m (3m)* Customer hesitancy likely to persist in the near-termQ3 expectationsFor Q3 we estimate sales of EUR 40m (-10% y-o-y, +11% q-o-q) and order intake of EUR 38m (+5% y-o-y). We expect...

Lower sales but demand for shore power solid Cavotec reported sales of EUR 36m (17% below our estimate) and order intake of EUR 44m (7% above our estimate). The sales shortfall was primarily driven by customer delays in orders with short lead times due...

Stronger order intake, but lower sales Cavotec reported order intake of EUR 44m (+7% vs. ABGSCe 41m), +10% y-o-y. However, sales came in lower than expected at EUR 36m (-17% vs. ABGSCe 43m), -16% y-o-y. Management writes that increased global economic...