Cargotec Oyj (GREY:CYJBY)
$ 41 0 (0%) Market Cap: 5.27 Bil Enterprise Value: 5.19 Bil PE Ratio: 14.30 PB Ratio: 2.80 GF Score: 69/100
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Q3 2022 Cargotec Corp Earnings Call Transcript

Oct 26, 2022 / 12:00PM GMT
Release Date Price: $10
Aki Vesikallio
Cargotec Corporation - IR Director

Welcome to Cargotec's Third Quarter Results Call. My name is Aki Vesikallio, I'm for Cargotec's IR. Today's results will be presented by our CEO, Mika Vehvilainen ; and CFO, Mikko Puolakka. After the presentation, there will be a Q&A session. And please pay attention to the disclaimer in the presentation as we will be making forward-looking statements. Strong performance continued in our core businesses, Kalmar and Hiab. We achieved, again, all-time high comparable operating profit. Also, orders received increased in all business areas. But on the other hand, we expect that supply chain challenges and market uncertainties will continue also going forward. As we already achieved our 2021 comparable operating profit level, we specified our outlook for 2022. And we now estimate that our comparable operating profit will improve by EUR 88 million to EUR 118 million compared to 2021. With that, over to you, Mika.

Mika Vehvilainen
Cargotec Corporation - CEO & President

Thank you very much, Aki, and good

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