Hiab falls as trade tensions hit Q4 orders

Hiab Oyj

12/02/2026 08:47

** Shares in Hiab HIAB.HE fall 5% after the Finnish crane and forklift provider booked lower-than-expected orders for the final quarter of 2025, citing market uncertainty amid trade tensions, especially in the Americas

** Hiab's orders fell 9% year-on-year to 375 million euros  ($445.35 million) in the quarter, against 390 million expected by analysts on average

** " The delivery equipment market in the US is currently in a trough", Hiab CEO Scott Phillips says as Hiab's orders declined by 14% in the Americas in 2025

** Phillips adds market environment has remained volatile and uncertain, impacted by trade and geopolitical tensions

** Hiab shares are set for worst day since October 2025

($1 = 0.8420 euros)

 (Reporting by Boleslaw Lasocki)

 ((boleslaw.lasocki@thomsonreuters.com; +48 58 769 66 00;))