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Cargotec Oyj Unsponsored Representing B Shares Finland Adr Class B
Market news
Financials
Income Statement
Revenue
Net income
| (EUR) | Dec 2024info | Y/Y change |
|---|---|---|
Revenue | -185.30M | -278.94% |
Operating expense | -8.10M | -137.50% |
Net income | -159.50M | -369.43% |
Net profit margin | 86.08 | 171.11% |
Earnings per share | 0.42 | -64.32% |
EBITDA | 5.70M | -78.49% |
Effective tax rate | 11.90% | — |
Balance Sheet
Total assets
Total liabilities
| (EUR) | Dec 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 439.10M | -35.87% |
Total assets | 2.45B | -44.02% |
Total liabilities | 1.42B | -45.75% |
Total equity | 1.03B | — |
Shares outstanding | 63.92M | — |
Price to book | 1.77 | — |
Return on assets | -0.10% | — |
Return on capital | -0.17% | — |
Cash Flow
Net change in cash
| (EUR) | Dec 2024info | Y/Y change |
|---|---|---|
Net income | -159.50M | -369.43% |
Cash from operations | 154.30M | -37.81% |
Cash from investing | -4.90M | 51.00% |
Cash from financing | -9.30M | -52.46% |
Net change in cash | 2.20M | -99.06% |
Free cash flow | -277.92M | -427.07% |
About
Cargotec Oyj is a Finnish company that makes cargo handling machinery for ships, ports, terminals and local distribution.
Cargotec was formed in June 2005 when Kone Corporation was split into two companies to be listed: Cargotec and new Kone. After the split, Kone Corporation's container handling, load handling and marine cargo handling business units formed Cargotec. However, the businesses within Cargotec have much longer histories and have been formed through a series of mergers and acquisitions over several decades.
At the end of 2023, Cargotec had approximately 11,400 personnel working in over 100 countries.
Cargotec's major shareholders are the heirs of Pekka Herlin. Current chairman of the Cargotec's board of directors is Jaakko Eskola, replacing long-term chair Ilkka Herlin in 2022.
In December 2022, Cargotec’s CEO Mika Vehviläinen informed Cargotec’s Board of Directors of his intention to retire from Cargotec during 2023. The Board initiated a search for a successor and, in February 2023, announced that it has appointed Casimir Lindholm, b. 1971, as Cargotec’s new President and CEO as of 1 April 2023. Wikipedia
Founded
Jun 2005
Website
Employees
4,066
