Brief: Kalmar Sees 2024 Comparable Operating Profit Margin To Be Above 12%

Kalmar Oyj

01/11/2024 07:09

Nov 1 (Reuters) - Kalmar Oyj  KALMAR.HE :
    * EXPECTS ITS COMPARABLE OPERATING PROFIT MARGIN TO BE ABOVE
12
PERCENT IN 2024
    * PREVIOUS OUTLOOK (PUBLISHED 1 JULY 2024): KALMAR EXPECTED
ITS
COMPARABLE OPERATING PROFIT MARGIN AS A STANDALONE COMPANY TO BE
ABOVE 11 PERCENT IN 2024
    * Q3 ORDERS RECEIVED INCREASED BY 6 PERCENT AND TOTALLED EUR
416
(392) MILLION
    * Q3 SALES DECREASED BY 16 PERCENT AND TOTALLED EUR 425
(503)
MILLION
    * Q3 OPERATING PROFIT WAS EUR 54 (59) MILLION, REPRESENTING
12.7
(11.8) PERCENT OF SALES
    * AS COMMUNICATED IN AUGUST, WE PLAN TO ACHIEVE
APPROXIMATELY EUR
50 MILLION IN GROSS EFFICIENCY IMPROVEMENTS BY END OF 2026,
SUPPORTING OUR GOAL OF A 15 PERCENT COMPARABLE OPERATING PROFIT
MARGIN BY 2028

Source text:  ID:nGNEGd118 
Further company coverage:  KALMAR.HE 

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