Edition:
United Kingdom

Cargotec Q2 Order Intake Falls To EUR 872 Million


Thursday, 18 Jul 2019 

July 18 (Reuters) - Cargotec Oyj ::REG-CARGOTEC’S JANUARY–JUNE 2019 HALF YEAR FINANCIAL REPORT: GOOD PROGRESS IN HIAB AND KALMAR.Q2 ORDER INTAKE EUR 872 MILLION VERSUS EUR 981 MILLION YEAR AGO.CARGOTEC REITERATES ITS OUTLOOK PUBLISHED ON 8 FEBRUARY 2019 AND EXPECTS ITS COMPARABLE OPERATING PROFIT FOR 2019 TO IMPROVE FROM 2018 (EUR 242.1 MILLION)..Q2 SALES EUR 911 MILLION VERSUS EUR 816 MILLION YEAR AGO.Q2 COMPARABLE OPERATING PROFIT INCREASED BY 12 PERCENT AND AMOUNTED TO EUR 64.3 (57.2) MILLION.Q2 OF 2019 WAS TWO-FOLD AT CARGOTEC.DURING RECENT YEARS WE HAVE ALREADY REDUCED MACGREGOR'S COSTS SIGNIFICANTLY, AND WE WILL CONTINUE WITH STREAMLINING DURING SECOND HALF OF 2019 AS WELL. 

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