Full Year 2024 Cargotec Corp Earnings Call Transcript

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Feb 12, 2025

Feb 12, 2025 / 08:00AM GMT
Aki Vesikallio - Cargotec Corp - Vice President - Investor Relations

Welcome to Cargotec's full-year 2024 results call. My name is Aki Vesikallio. I'm from Cargotec's Investor Relations.

Today's results and the final results for Cargotec will be presented by Cargotec's CEO, Casimir Lindholm; Cargotec's and Hiab's CFO, Mikko Puolakka; and Hiab's President, Scott Phillips. Please also pay attention to the disclaimer in the presentation as we will be making forward-looking statements.

With that, over to you Casimir.

Casimir Lindholm - Cargotec Corp - President, Chief Executive Officer, Member of the Leadership Team

Thank you, Aki, and also welcome on my behalf to this webcast. It's a historic one. It's the last one for Cargotec. It's the 79th quarter reporting Cargotec figures since 2005.

All in all, the Q4 and 2024 were strong. Orders were really good in Hiab, and Scott will come back to that a bit later. Book-to-bill was positive in Q4 and a really strong full-year profitability and cash flow. And this goes for both Hiab and MacGregor

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