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Q2 2021 Cavotec SA Earnings Call Transcript
Welcome to the Cavotec SA audiocast with teleconference Q2 2021. (Operator Instructions) Today, I am pleased to present CEO, Mikael Norin; and CFO, Glenn Withers. Please begin your meeting.
Good morning, everyone, and welcome to this audiocast. My name is Mikael Norin. I'm the CEO of Cavotec. And as usual, I have our CFO, Glenn Withers on the call with me today.
We are here to talk about our second quarter 2021. It was a quarter characterized by a high activity level, and we actually secured many important orders in our Ports & Maritime business, both with current, but also new customers and very encouragingly also in new geographies.
And as a result, the order backlog in New Cavotec increased by 19% compared to the previous quarter. I think that really validates our strategy to focus on cleantech solutions for Ports & Maritime and industrial application.
Talking about the orders in that quarter, we, for example, won a series of orders to equip new build containerships with ShorePower
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