Konecranes rises on new targets, share buyback

Konecranes Oyj

25/09/2026 08:25

** Shares in Konecranes KCRA.HE rise 6% after the Finnish industrial equipment provider raised financial targets and started a share buyback of up to €100 million ($114 million)
** It now targets a comparable EBITDA margin of 15-17% by 2030 against the previous goal of 13-16%
** It specifies its sales growth target at 7% CAGR, while earlier it aimed at sales growing faster than the market
** Konecranes shares rise to the top of STOXX 600 .STOXX, wiping off YTD losses
($1 = 0.8787 euros)

(Reporting by Boleslaw Lasocki)
((boleslaw.lasocki@thomsonreuters.com))