Brief: Cargotec Q2 Orders Received At EUR 999 Mln, Below Expectations

Hiab Oyj

20/07/2023 07:27

July 20 (Reuters) - Cargotec Corp  CGCBV.HE :
    * Q2 ORDERS RECEIVED EUR 999 MILLION VERSUS EUR 1,098.6
MILLION
SEEN IN VARA CONSENSUS
    * Q2 ORDER BOOK EUR 3,242 MILLION VERSUS EUR 3,596 MILLION
YEAR
AGO
    * Q2 SALES EUR 1,200 MILLION VERSUS EUR 1,122.3 MILLION SEEN
IN
VARA CONSENSUS
    * IN HIAB ORDER INTAKE AFFECTED BY INFLATION, HIGH INTEREST
RATES,
AND EXTENDED TRUCK LEAD TIMES
    * IN MACGREGOR BEST QUARTERLY COMPARABLE OPERATING PROFIT IN
OVER
SEVEN YEARS
    * IN KALMAR SOME SLOWNESS IN CUSTOMER DECISION MAKING AND
ORDERS
ARE BACK AT PRE-COVID LEVEL
    * OUTLOOK FOR 2023 UNCHANGED

Source text for Eikon:  ID:nGNE6dLbLS 
Further company coverage:  CGCBV.HE 

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