Konecranes shares slide after CEO resignation
20/01/2025 10:52
** Shares of Konecranes KCRA.HE fall 4.8% after the
Finnish crane manufacturer announced its CEO resignation
** Inderes analyst Erkki Vesola highlights Anders Svensson's
success as Konecranes' CEO, saying "the news is a slight
negative due to the risk of not finding someone to completely
fill his shoes"
** Timo Heinonen from Handelsbanken says that while capital
markets day in May and updated financial targets are expected,
"most likely" the CMD will be cancelled
** The Konecranes' CEO leaves the company to become CEO of
Hexagon HEXAb.ST
** The stock is among the worst performers on the STOXX
Europe 600 .STOXX index
(Reporting by Vera Dvorakova)
((vera.dvorakova@thomsonreuters.com))