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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Cargotec Corp Q3 2023 Pre-Silent Call Transcript

Oct 04, 2023 / 10:00AM GMT
Release Date Price: $10
Aki Vesikallio
Cargotec Corporation - VP of IR

Okay. It's 1 p.m. here in Helsinki and we are ready to start our third quarter 2023 pre-silent call hosted by our CFO, Mikko Puolakka. So my name is Aki Vesikallio. I'm from Cargotec's IR. First, Mikko will give a short introduction and then it will be a possibility to (inaudible) to Mikko. (Operator Instructions).

Okay. With that, I think we are ready to start.

Mikko Puolakka
Cargotec Corporation - Executive VP & CFO

Thank you, Aki, and good afternoon also from my side. First, a short recap about our quarter 2 financial performance. Our orders were EUR 999 million, down by 28% from an all-time comparison period. You might remember that we got year ago in quarter 2, 2022, a couple of very large orders. For example, in Kalmar's case, we got an order for 85 straddle carriers worth of EUR 115 million. So that drove our orders to all-time high level in last year's quarter 2. Where EUR 1.2 billion a growth of 25%. And this is very much, of course, boosted by the order book, very high order book

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