Brief: Cargotec Estimates MacGregor's Comparable Operating Profit Above EUR 55 Mln In 2024

Hiab Oyj

08/08/2024 09:17

Aug 8 (Reuters) - Cargotec Corp  CGCBV.HE :
    * Q2 ORDERS RECEIVED EUR 584 MILLION VERSUS EUR 562.0
MILLION SEEN
IN VARA CONSENSUS
    * Q2 ORDER BOOK EUR 1,691 MILLION
    * Q2 SALES EUR 625 MILLION VERSUS EUR 648.0 MILLION SEEN IN
VARA
CONSENSUS
    * Q2 COMPARABLE OPERATING PROFIT EUR 82 MILLION VERSUS EUR
80.6
MILLION SEEN IN VARA CONSENSUS
    * OUTLOOK: ESTIMATES HIAB'S COMPARABLE OPERATING PROFIT
MARGIN IN
2024 TO BE ABOVE 13.5 PERCENT
    * OUTLOOK: ESTIMATES MACGREGOR'S COMPARABLE OPERATING PROFIT
IN
2024 TO BE ABOVE EUR 55 MILLION
    * HIAB INITIATES PLANNING OF AN EFFICIENCY IMPROVEMENT
PROGRAMME
    * HIAB: ON TOP OF COST SAVING ACTIONS IN 2024, TARGET WOULD
BE TO
REACH ABOUT EUR 20 MILLION OF COST SAVINGS IN 2025

Source text for Eikon:  ID:nGNE8Jr0Mn 
Further company coverage:  CGCBV.HE 

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