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KCR Konecranes Oyj News Story

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Konecranes jumps after Q3 orders, earnings beat amid trade tensions

** Shares in industrial crane company Konecranes KCRA.HE rise 10% to the top of Helsinki blue-chip index .OMXH25 after the Finnish group's Q3 orders and earnings exceeded market expectations

** Its quarterly order intake came to EUR 1,148.6 million vs Vara Research estimate of EUR 948.7 million

** Comparable EBITA rose to EUR 164.9 million and came in 16% ahead of estimates

** The company said in an earnings statement its demand environment within industrial customer segments has remained good and continues on a healthy level

** It added, however, that demand-related uncertainty and volatility due to geopolitical and trade policy tensions remain

** If gains hold, the stock will track its best day since July 2024

 (Reporting by Elviira Luoma)

 ((Elviira.luoma@thomsonreuters.com))

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