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 2022 Cargotec Corp Earnings Call Transcript

Feb 02, 2023 / 08:00AM GMT
Release Date Price: $10
Aki Vesikallio
Cargotec Corporation - IR Director

Welcome to Cargotec's 2022 Results Call. My name is Aki Vesikallio, I'm from Cargotec's IR. Today's results will be presented by our CEO, Mika Vehvilainen, and our CFO Mikko Puolakka. After the presentation there will be a Q&A session. Please pay attention to the disclaimer in the presentation as we will be making forward-looking statements.

2022 was a record year for Kalmar and Hiab. Driven by the strong performance of these 2 business areas, we reached all-time high orders, sales and comparable operating profit. Our service and eco portfolio sales also reached new records. The year was shadowed by MacGregor's results, and rationalization of its portfolio had significant negative impact on our operating profit.

With that over to you, Mika.

Mika Vehvilainen
Cargotec Corporation - CEO & President

Thank you, Aki, and good morning from my behalf as well and thank you for joining the Cargotec Q4 2022 webcast.

2022 was an excellent year for our core businesses, Kalmar and Hiab.

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