contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Analyst

Erkki Vesola

Kalmar operates in freight handling for ports, terminals, distribution centers and heavy industry. The company develops various solutions, and provides, among other things, border tractors, terminal tractors, reach stackers, empty container handlers and forklifts. Kalmar is a spin-off of the Cargotec group. The company has its headquarters in Helsinki.

KALMAR CORPORATION, PRESS RELEASE, December 3, 2025 at 11:00 AM Kalmar and Patrick Terminals Sign New 10-Year Strategic Supply Agreement Kalmar has signed a new 10-year strategic supply agreement with Patrick Terminals. The supply agreement strengthens a partnership spanning over two decades, which has been significant for Australia

Aapeli and Pia discussed Kalmar’s Q3 in English                    Inderes              Kalmar Q3’25: Record high margin - Inderes    Time: 24.11.2025 klo 12.10 Kalmar’s Q3 result slightly exceeded our estimates, driven by a record-high margin, while orders fell short of expectations due to the more cyclical nature of the equipment business.                             This video can also be found on the Inderes Nordic channel: https://www.youtube.com/@inderesnordic

Kalmar and Forth Ports Continue Their Cooperation with a Large Follow-up Order for Hybrid Straddle Carriers Kalmar has received a follow-up order for three Kalmar hybrid straddle carriers from Forth Ports Group. The equipment will be deployed at Forth Ports Grangemouth. The large order was booked in Kalmar’s Q4 2025 orders, and the delivery of the equipment is scheduled to be completed during Q2 2026. Forth Ports Grangemouth is Scotland’s largest port, handling nine million tonnes of cargo annually through dedicated container, liquid, and general cargo terminals.                   Inderes              Kalmar ja Forth Ports jatkavat yhteistyötään hybridikonttilukkien suurella...    KALMAR OYJ, LEHDISTÖTIEDOTE, 12.11.2025 KLO 10:00 Kalmar ja Forth Ports jatkavat yhteistyötään hybridikonttilukkien suurella jatkotilauksella Kalmar on saanut Forth Ports Groupilta kolmen Kalmar...

Latest announcement from Kalmar: https://www.inderes.fi/releases/kalmar-ja-transnet-port-terminals-jatkavat-kestavaan-kehitykseen-keskittyvaa-y

Nordea published its updated Kalmar analysis after the Q3 results. The target price rises to 44.00 euros (previous: 42.00 €), the recommendation remains at BUY.

https://www.inderes.fi/research/kalmar-q325-myonteinen-pohjavire-ennallaan We reiterate our Add recommendation for Kalmar and our target price of 39 euros. The company’s Q3 result slightly exceeded our forecasts, with record-level margins supporting the development, while orders fell short of expectations, driven by the more cyclical equipment side. Services development, on the other hand, was broadly stronger than our expectations. The company’s market comments remained unchanged, and the demand situation has remained stable or good outside of the Americas. Reflecting the overall picture, forecast changes remained minor, and we see the stock’s valuation as attractive when compared to favorable long-term earnings growth prospects. OP raises target price to 42.00 (40.00) and reiterates BUY Nordea raises to 44.00 (42.00) and reiterates BUY

Kalmar’s CEO Sami Niiranen was interviewed by Aapeli after the Q3 results.                    Inderes              Kalmar Q3'25: Kannattavuus ennätystasolla - Inderes    Aika: 31.10.2025 klo 13.11 Kalmarin kvartaali sujui kaksijakoisesti, kun kanattavuus nousi ennätystasolle, mutta samaan aikaan tilaukset jäivät suhteellisen alhaiselle tasolle vaisumman markkina-aktiviteetin myötä. Myös kassavirtaan jäi vielä...                             Topics: 00:00 Introduction  00:09 Q3 highlights  01:32 Orders  03:27 Market situation  05:40 Customer demand  07:12 Tariffs  11:07 Price increases  12:12 Change in geographical reporting  14:01 Growth in APAC region  17:22 Services business

Kalmar

Kalmar has separately announced five small orders for Q3'24. The value of published orders now exceeds the corresponding figure for Q2'24, indicating a good base flow of customer activity.

Translation: Original published in Finnish on 10/8/2024 at 8:37 am EEST.
Kalmar has separately announced five small orders for Q3&apos;24. The value of published orders now exceeds the corresponding figure for Q2&apos;24, indicating a good base flow of customer activity.
<h2>Orders concentrated at the smaller end</h2>
Yesterday, Kalmar announced its fifth order for Q3, which we estimate at 5-7 MEUR. In total, Kalmar has so far announced five smaller orders to be booked in Q3, which we estimate to have a total value of 16 MEUR. The quarter has not yet been impacted by major individual announcements, such as the container straddle carrier orders from Kingston Freeport Terminal (estimated at 18 MEUR) and Patrick Terminals (estimated at 15 MEUR) in Q3&apos;23. Kalmar already mentioned in the Q2&apos;24 report that demand is now focused on smaller equipment, i.e., reach stackers, forklifts and terminal tractors. Overall, we believe that activity is still reasonable, and the value of orders announced so far for Q3 already exceeds the corresponding value for Q2 (14-15 MEUR).

	2023	24e	25e
Revenue	2,049.6	1,684.9	1,720.7
growth-%	5.5 %	-17.8 %	2.1 %
EBIT (adj.)	254.7	197.4	205.9
EBIT-% (adj.)	12.4 %	11.7 %	12.0 %
EPS (adj.)	3.17	2.31	2.31
Dividend	0.00	1.00	1.20
Dividend %		2.5 %	3.0 %
P/E (adj.)	16.6	17.3	17.4
EV/EBITDA	11.1	12.2	10.2

Kalmar: Little strokes fell great oaks

Orders concentrated at the smaller end

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Key Estimate Figures09.08.2024

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