Q4 2020 Cargotec Corp Earnings Call Transcript
Good afternoon, ladies and gentlemen, and welcome to this news conference regarding Cargotec's financial statements review 2020. My name is Hanna Maria Heikkinen, and I'm in charge of investor relations. Before starting the presentation, I kindly ask you to pay some attention to disclaimer. As a reminder, we cannot discuss any merger-related topics in this call due to U.S. securities law regulation.
2020 was an exceptional year in many ways. The positive news is the positive trend has continued since May in terms of net sales, orders, and comparable operating profit. For full 2020, we succeeded to deliver satisfactory comparable operating profit margin, our service business was resilient, and a share of eco-efficiency sales increased.
Just before Christmas, a merger with Konecranes was approved by our extraordinary general meeting. Summarizing these key messages, I would say that we saw good performance in an exceptional year.
Today, our CEO, Mika Vehvilainen, will start the presentation with 2020
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