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Erkki Vesola

Erkki Vesola


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Cargotec Investor Relations has received several questions on the coronavirus and its impact on the company. You can find below some typical questions and answers we have received.

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Cargotec's 2019 results highlights included significantly improved cash flow, an excellent year in Hiab and Kalmar, good development in services and a strong order book. But what are the hottest topics raised to our IR team? Here you can find the most Frequently Asked Questions about our financial statements and answers to them.

Why did Kalmar’s comparable EBIT margin decline by 214 bps when sales increased 6%?
Less favourable sales mix: slower demand and lower volumes in mobile equipment. The market demand has been softening slightly.

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Kalmar Q3 orders received increased by 38% year-on-year, what was the reason for that? 
In the third quarter, Kalmar’s orders received increased by 38 percent and totalled EUR 486 (351) million. There was good development in automation and projects, mobile equipment and services. In comparable foreign exchange rates orders received increased by 41 percent.


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Cargotec lyhyesti

Cargotec is a leading provider of cargo and load handling solutions with the goal of becoming the leader in intelligent cargo handling. Cargotec's business areas Kalmar, Hiab and MacGregor offer products and services that ensure our customers a continuous, reliable and sustainable performance.