Cargotec Oyj (GREY:CYJBY)
$ 41 0 (0%) Market Cap: 5.27 Bil Enterprise Value: 5.19 Bil PE Ratio: 13.78 PB Ratio: 2.70 GF Score: 69/100

Q4 2019 Cargotec Corp Earnings Call Transcript

Feb 06, 2020 / 08:00AM GMT
Release Date Price: $16.75
Hanna;Maria Heikkinen
Cargotec Corporation - VP of IR

(technical difficulty)

'20. Today our CEO, Mika Vehviläinen, will start with the group development. You may have recognized that we announced also this morning the strategic review for Navis future. And Mika will also go that through. And after that, our CFO, Mikko Puolakka, will continue with the business areas, finance, sales, dividend and outlook.

So please, Mika, time to start.

Mika VehvilÃ;inen
Cargotec Corporation - CEO & President

¤ -

Good morning from my behalf, and thank you for joining the Cargotec call today for our Q4 results. I recognize it's a very busy day, so I appreciate you joining in.

2019, in many ways, was a good year for us in Cargotec. I'm satisfied with the performance of Kalmar and Hiab. Both had a strong year. Also our services and software business continued to grow well. And we ended the year with a strong order book that lays good foundations for us for 2020.

I'm especially pleased with the strong cash

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