Overview
Finland material handling firm's Q4 sales fell 4.1% yr/yr, EBITA margin improved
Company's full-year order intake rose 9.7%, maintaining strong balance sheet
Board proposed EUR 2.25 per share dividend for 2025
Outlook
Konecranes expects 2026 net sales to remain stable or increase compared to 2025
Company anticipates 2026 comparable EBITA margin to remain stable compared to 2025
Konecranes sees healthy demand in industrial segment, high container throughput for ports
Result Drivers
INDUSTRIAL SERVICE GROWTH - Order intake and sales in Industrial Service increased due to pricing, good execution, and efficient cost management
PORT SOLUTIONS DECLINE - Port Solutions saw a decrease in order intake and sales due to timing of the order book, despite good project execution
PROFITABILITY IMPROVEMENT - Record-high profitability achieved through effective execution, pricing, and cost management
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
EUR 1.16 bln
Q4 EPS
EUR 1.52
Q4 Net Income
EUR 122.10 mln
Q4 Adjusted EBITA
EUR 164 mln
Q4 EBIT
EUR 151.90 mln
Q4 EBIT Margin
13.10%
Q4 Orders
EUR 1.08 bln
Q4 Pretax Profit
EUR 148.70 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"
Wall Street's median 12-month price target for Konecranes Abp is €104.00, about 1.9% above its February 4 closing price of €102.10
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 16 three months ago
Press Release: ID:nWkrbPVD0S
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)