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Kalmar

36.12 EUR-1.42 %23.10. klo 18.29
2,584 following

KALMAR

NASDAQ Helsinki

Transport & Logistics

Industrials

Overview
Financials & Estimates
Ownership
Dividend
Short Selling
Investor views
Analyst consensus
Compare
-1.42 %
-10.15 %
-9.70 %
-22.22 %
-10.90 %
+4.51 %
-
-
+36.82 %

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.

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Market cap
2.32B EUR
Turnover
1.16M EUR
P/E (adj.) (26e)
EV/EBIT (adj.) (26e)
P/B (26e)
EV/S (26e)
Dividend yield-% (26e)
Coverage
Recommendation
Accumulate
Target price
Updated
23.07.2026
Disclaimer
Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
Low
High
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ShowingAll content types

Forum discussions
I wrote an article about Kalmar for SalkunRakentaja. Shares of global market leader Kalmar slide into the bargain bin With strong return on capital, Kalmar’s valuation is attractive, trading at an EV/EBIT multiple below ten. Growing the equipment business organically Accelerating...
10/14/2026, 8:17 AM
by Tomi Lindell
35
Market Leader Kalmar’s Shares Drop into the Bargain Bin Kalmar, which generates a strong return on capital, has an attractive valuation, with the company’s EV/EBIT multiple standing below ten. Shares of Helsinki-listed Kalmar have fallen 27 percent from their 2026 peak. The company...
10/19/2026, 12:00 PM
by Index
15
Picked from Kauppalehti: “Nordea raises Kalmar’s target price to EUR 48.00 (previously 47.00) and reiterates Buy.”
10/7/2026, 6:29 AM
by Montau
11
Here are Aapeli’s comments following Kalmar’s pre-silent period analyst and investor call. The company commented that the market environment has remained similar compared to the outlook provided in connection with the Q2 results. Slight changes were seen in various market forecasts...
10/6/2026, 5:17 AM
by Sijoittaja-alokas
10
I also couldn’t find any grounds for the change in recommendation or target price. It would be nice to know how much they changed their revenue and earnings forecasts, since the change should presumably (?) be based on these forecasts in some way. Nor did I find any negative news...
9/29/2026, 7:03 PM
by Analyst
8
There was a paywalled article in Aamulehti a week ago about change negotiations. I don’t have a subscription, but you can see the details below even without one. Aamulehti – 1 Oct 26 Tampereen Ruskossakin toimiva jättiyhtiö aloitti muutosneuvottelut – koskevat... Lastinkäsittely-...
10/8/2026, 6:53 AM
by Gwertheney
6
Now I’d really need a bit of clarification or specifics here. Personally, I don’t see any of the old Nokia in Kalmar’s leadership team.(Johto). Same with the board of directors. Or are you referring to some local / lower-level individual team?
10/15/2026, 7:58 PM
by Musti
5
Read more on our forum
Aapeli Pursimo
Aapeli Pursimo

Analyst

Latest research

Latest analysis report

Released: 23.07.2026

Latest extensive report

Released: 30.01.2026

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
29.10.
2026

Interim report Q3'26

Kalmar’s Interim Report for January–September 2026
Webcast29.10.2026 klo 10.00

Kalmar’s Interim Report for January–September 2026

Kalmar
Press release15.10.2026 klo 13.00

Kalmar’s Interim Report for January–September 2026 to be published on Thursday, 29 October 2026

Kalmar
Press release07.10.2026 klo 18.30

Kalmar and Port of Halmstad continue partnership with the signing of a Kalmar Complete Care service contract

Kalmar

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Press release06.10.2026 klo 16.00

Kalmar announces proactive safety update for Ottawa T2 terminal tractors

Kalmar
Kalmar: Market outlook broadly unchanged, as expected
Analyst Comment06.10.2026 klo 12.10 by
Aapeli Pursimo

Kalmar: Market outlook broadly unchanged, as expected

On Monday, Kalmar held an analyst and investor call ahead of the Q3 silent period.

Kalmar
Press release02.10.2026 klo 09.00

Kalmar receives order for first two electric reachstackers from Port of Helsingborg under frame agreement signed in Q2

Kalmar
Press release30.09.2026 klo 09.15

Kalmar wins preventive and corrective maintenance contract for STS and ASC cranes at TTI Algeciras

Kalmar
Press release16.09.2026 klo 09.03

Kalmar and ICTSI continue collaboration with hybrid straddle carrier order for new South Luzon Container Terminal

Kalmar
Kalmar plans to simplify its operating model
Analyst Comment04.09.2026 klo 10.00 by
Aapeli Pursimo

Kalmar plans to simplify its operating model

The measures aim to achieve annual cost savings of around 10 MEUR

Kalmar
Regulatory press release03.09.2026 klo 17.00

Inside information: Kalmar plans to simplify its operating model to accelerate growth, enhance customer focus, and optimize operational efficiency

Kalmar
Press release03.09.2026 klo 16.00

Kalmar opens industry-first automated Test Centre in Ljungby, Sweden

Kalmar
Regulatory press release31.07.2026 klo 10.00

Changes in the Kalmar Leadership Team: Alf-Gunnar Karlgren, President, Counterbalanced division to leave Kalmar

Kalmar
Press release30.07.2026 klo 10.00

Kalmar and APM Terminals announce strategic partnership to advance development of terminal technology

Kalmar
Press release29.07.2026 klo 15.00

Kalmar and Portonave to enhance cargo-handling sustainability in Brazil with large order for electric reachstackers

Kalmar
Kalmar Q2'26: Stable performance with attractive valuation
Research23.07.2026 klo 09.15 by
Aapeli Pursimo

Kalmar Q2'26: Stable performance with attractive valuation

Kalmar's Q2 figures turned out to be slightly positive overall compared to our expectations.

Kalmar
Kalmar’s half-year financial report January–June 2026
Webcast22.07.2026 klo 15.00

Kalmar’s half-year financial report January–June 2026

Kalmar
Press release22.07.2026 klo 14.00

Kalmar to supply Contargo Group with its first fully electric reachstacker together with extensive services

Kalmar
Press release22.07.2026 klo 13.55

Kalmar and Holmen continue successful partnership with the extension of a Kalmar Complete Care service agreement

Kalmar
Press release22.07.2026 klo 13.50

Kalmar and Arnal France expand partnership with new order for electric empty container handlers

Kalmar
Press release22.07.2026 klo 13.45

Kalmar supports Patrick Terminals’ decarbonisation progress with major order for hybrid and automated straddle carriers

Kalmar