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KCR Konecranes Oyj News Story

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Brief: Konecranes Updates Its Financial Targets

May 20 (Reuters) - Konecranes Abp KCRA.HE:

INSIDE INFORMATION: KONECRANES UPDATES ITS FINANCIAL TARGETS

PROFITABILITY TARGET: COMPARABLE EBITA MARGIN OF 13-16% AS SOON AS POSSIBLE, BUT NO LATER THAN IN 2029

PORT SOLUTIONS EBITA MARGIN TARGET REMAINS 9-11%

INDUSTRIAL SERVICE EBITA MARGIN TARGET RAISED TO 21-25%

INDUSTRIAL EQUIPMENT EBITA MARGIN TARGET RAISED TO 8-11%

TARGETS SALES GROWTH FASTER THAN MARKET

Source text: ID:nWkr9Yyf7t

Further company coverage: KCRA.HE

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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