Q1 2022 Cargotec Corp Earnings Call Transcript

Apr 27, 2022 / 12:00PM GMT
Aki Vesikallio - Cargotec Corporation - IR Director

Welcome to Cargotec's First Quarter Results Call. My name is Aki Vesikallio, I'm heading Cargotec's Investor Relations. Today's results will be presented by CEO, Mika Vehvilainen and CFO, Mikko Puolakka. The presentation will be followed by a Q&A session. In the first quarter, we saw solid profitability despite supply chain challenges. Some of the highlights in the quarter included our refocused strategy, which was announced on 30th of March. We aim for higher financial performance through sustainability and profitable growth.

In the first quarter, excellent progress in services and in Hiab continued. Also uncertainty on deliveries is expected to continue. So please pay attention on the disclaimer in the presentation. So going through the content, so first Mikko will cover the group level development and market environment, as well as highlights from the refocused strategy. Then Mikko will go through the business areas and the financial development of the group.

With that, over to you Mika.

Mika Vehvilainen

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