Konecranes reposted this
Today Konecranes reports its Q2 results. The past quarter was great for us, with all of our three Business Segments delivering record-high comparable EBITA margins. Demand environment and order intake remained healthy. Sales grew year-on-year with 13% and exceeded €1 billion. Thanks to that sales growth and good strategy execution, profitability improved year-on-year, and we posted an all-time high quarterly comparable EBITA margin of 14.3%. Our orderbook remains strong and was nearly €3.0 billion at the end of June. Our strategy execution has progressed better than initially expected and as a result, we upgraded our profitability guidance for this year in the financial guidance. We now expect our net sales to remain on the same level or to increase in 2024 compared to 2023, and our comparable EBITA margin to improve from the previous year. That said, we are not expecting our profitability to improve sequentially in Q3 versus Q2. Overall, this Q2 was one of Konecranes’ strongest quarters ever. This is an excellent achievement, and I would like to thank the whole Konecranes team for the strong performance. Our improvement demonstrates that we are doing the right things as a company, and moving what really matters. For those interested in more details, here’s the link to the full report. https://lnkd.in/dkmKtNYt #konecranes
[NEWS] Today Konecranes publishes its Half-year financial report, January June 2024 and Q2/2024 financial results, reporting: Record-high comparable EBITA margin in all business segments. Check out the key numbers here and for more insight, read the full report from 👉 https://lnkd.in/dyw8XMKe You can also watch our live international webcast and telephone conference for analysts, investors and media held today at 11:30 a.m. EEST on the following link. https://lnkd.in/dwQEntM8. The full financial report will be presented by Konecranes President and CEO, Anders Svensson, Chief Financial Officer, Teo Ottola and Vice President, Investor Relations, Kiira Fröberg. The event will be held in English. #konecranes #q22024 #results #Q2