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 2023 Cargotec Corporation Earnings Call Transcript

Oct 26, 2023 / 07:00AM GMT
Release Date Price: $10
Aki Vesikallio
Cargotec Corporation - VP of IR

Welcome to Cargotec's Third Quarter 2023 Results Call. My name is Aki Vesikallio. I'm for Cargotec IR. Today's results will be presented by Cargotec's CEO and Interim President of Kalmar Casimir Lindholm; CFO, Mikko Puolakka; and Hiab President, Scott Phillips. The presentation will be followed by a Q&A session. Please pay attention to disclaimer in the presentation as we will be making forward-looking statements. With that, over to you, Casimir.

Casimir Lindholm
Cargotec Corporation - President & CEO, Interim President of Kalmar

Thank you, Aki, and welcome also from my behalf to this report and webcast. All in all, third quarter was on a good level, for us it is third quarter in a row and we are performing on a good level. We can see some delayed decision-making around especially more expensive products in our product ranges, both in Kalmar and Hiab, and we'll come back to that a bit later in more detail. We are also announcing an action plan to target EUR 50 million cost savings mainly for 2024, and we

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