Q1 2020 Cargotec Corp Earnings Call Transcript

Apr 23, 2020 / 12:00PM GMT

Release Date Price: $12.7

Transcript

Hanna;Maria Heikkinen

Cargotec Corporation - VP of IR

Welcome to this news conference regarding Cargotec's Q1 results. COVID-19 situation impacted our orders, operations and visibility already during Q1. The good news is that we have started the actions to safeguard our operations and our financial position is strong. Also our services business and software business performed well during Q1.

Today, our CEO, Mika VehvilÃ¤inen will go through group level development and give an update regarding the COVID-19 situation. Then our CFO, Mikko Puolakka, will continue with the business areas, financials, and then Mika will be back to comment on the outlook. Please, Mika.

Mika VehvilÃ;inen

Cargotec Corporation - CEO & President

¤ -

Thank you, Hanna-Maria. Good afternoon, ladies and gentlemen, and welcome to the Cargotec Q1 announcements. And as Hanna already said, I will cover shortly the group-wide developments and then sort of what's happening with regarding the COVID-19 crisis, Mikko Puolakka, our CFO, will cover the

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