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Cargotec Oyj (CGCBV.HE)

CGCBV.HE on Helsinki Stock Exchange

53.60EUR
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Cargotec: Siwertell signs contract with TR-Samsung for a ship unloader
Wednesday, 17 May 2017 08:16am EDT 

May 17 (Reuters) - CARGOTEC OYJ :SIWERTELLSIGNED A CONTRACT WITH TR-SAMSUNG, FOR SHIP UNLOADER TO SUPPORT A BIOMASS-FUELLED POWER PLANT UNDER CONSTRUCTION IN TEESSIDE, MIDDLESBROUGH.ORDER WAS BOOKED IN CARGOTEC'S FOURTH QUARTER 2016 ORDER INTAKE AND THE DELIVERY WILL TAKE PLACE IN OCTOBER 2018.  Full Article

Cargotec plans restructuring measures with possible personnel reductions
Monday, 15 May 2017 08:00am EDT 

May 15 (Reuters) - CARGOTEC OYJ ::REG-CARGOTEC TARGETS EUR 50 MILLION SAVINGS BY REDUCING INDIRECT PURCHASING SPEND, STREAMLINING PROCESSES AND PLANNING CARGOTEC BUSINESS SERVICES OPERATIONS.PLANNED ACTIONS TARGET ANNUAL COST SAVINGS OF EUR 50 MILLION FROM 2020 AND ONWARDS..EMPLOYEE COOPERATION NEGOTIATIONS ABOUT PLANNED MEASURES WILL START IMMEDIATELY.ACCORDING TO INITIAL ESTIMATES, PROPOSED MEASURES AND CHANGES COULD RESULT IN REDUCTION NEED OF APPROXIMATELY 60 EMPLOYEES IN FINLAND..IS TARGETING EUR 50 MILLION ANNUAL COST SAVINGS FROM 2020 ONWARDS.PLANNED RESTRUCTURING MEASURES WITH POSSIBLE PERSONNEL IMPLICATIONS WOULD START DURING THIS YEAR AND WOULD BE COMPLETED FIRST HALF OF 2018, AT LATEST.  Full Article

Cargotec's Kalmar signs contract with Indonesian company PT Meratus Line
Monday, 15 May 2017 03:11am EDT 

May 15 (Reuters) - CARGOTEC OYJ :KALMAR SIGNS FIRST-EVER KALMAR PARTS CARE CONTRACT WITH INDONESIAN SHIPPING COMPANY PT MERATUS LINE.CONTRACT WAS SIGNED IN APRIL 2017 AND THE SPARE PART DELIVERIES WILL COMMENCE IN JUNE 2017.  Full Article

Cargotec Q1 adjusted EBIT EUR 59.2 million, above expectations
Wednesday, 26 Apr 2017 02:00am EDT 

April 26 (Reuters) - CARGOTEC OYJ :REG-CARGOTEC'S JANUARY-MARCH 2017 INTERIM REPORT: STRONG START FOR 2017 IN HIAB.Q1 ORDER INTAKE EUR 857 MILLION (REUTERS POLL EUR 833 MILLION).Q1 SALES EUR 793 MILLION (REUTERS POLL EUR 796 MILLION).OUTLOOK FOR 2017 UNCHANGED.Q1 EBIT EUR 56.3 MILLION (REUTERS POLL EUR 50.0 MILLION).Q1 ADJUSTED. EBIT EUR 59.2 MILLION (REUTERS POLL: EUR 53.3 MILLION)."MACGREGOR'S MARKET SITUATION CONTINUED TO BE CHALLENGING".SAYS BY 2020, GOAL IS TO INCREASE SHARE OF SERVICES AND SOFTWARE TO 40 PERCENT OF CARGOTEC'S SALES.SAYS SERVICE SALES GREW AT HIAB AND KALMAR BUT DECREASED AT MACGREGOR AS A RESULT OF DIFFICULT MARKET SITUATION.  Full Article

Cargotec: Kalmar and Dublin Ferryport terminals to cooperate in RTG Automation
Thursday, 20 Apr 2017 04:01am EDT 

April 20 (Reuters) - CARGOTEC OYJ ::KALMAR AND DUBLIN FERRYPORT TERMINALS TO ENTER GROUND-BREAKING COOPERATION IN RTG AUTOMATION.KALMAR, PART OF CARGOTEC, IS TO EXTEND ITS LONG-STANDING RELATIONSHIP WITH DUBLIN FERRYPORT TERMINALS (DFT) WITH AN ORDER FOR KALMAR AUTORTG SYSTEM.ORDER WAS BOOKED IN CARGOTEC'S Q4 2016 INTAKE.DELIVERY IS SCHEDULED TO START DURING Q2 2017.  Full Article

Cargotec: Kalmar wins order for ship-to-shore cranes from Rotterdam Short Sea Terminal
Thursday, 20 Apr 2017 02:02am EDT 

April 20 (Reuters) - CARGOTEC OYJ :PRESS RELEASE KALMAR WINS AN ORDER FOR SHIP-TO-SHORE CRANES FROM ROTTERDAM SHORT SEA TERMINAL.HAS SIGNED A CONTRACT WITH ROTTERDAM SHORT SEA TERMINAL B.V. ON DELIVERY OF NEW KALMAR SHIP-TO-SHORE (STS) CRANES..ORDER HAS BEEN BOOKED INTO CARGOTEC'S 2017 Q1 ORDER INTAKE.DELIVERY OF FIRST TWO CRANES IS PLANNED TO BE COMPLETED BY END OF 2018..  Full Article

Cargotec's Kalmar gets another order on electric straddle carrier
Tuesday, 18 Apr 2017 04:38am EDT 

April 18 (Reuters) - Cargotec Oyj ::KALMAR, PART OF CARGOTEC, CONTINUES ITS LONG-STANDING COOPERATION WITH TRAINING CENTRE FOR PORT WORKERS, OCHA.OCHA IS ADDING A SECOND KALMAR ELECTRIC STRADDLE CARRIER TO ITS FLEET IN ORDER TO MEET INCREASING DEMAND FOR TRAINED DRIVERS AT PORT OF ANTWERP AND ABROAD.EXISTING STRADDLE CARRIER WILL BE REFURBISHED AS PART OF ORDER, AND BOTH MACHINES WILL BE COVERED BY A KALMAR CARE MAINTENANCE CONTRACT.  Full Article

Cargotec: order for Seaspan for cargo system update
Thursday, 30 Mar 2017 04:07am EDT 

CARGOTEC OYJ :SEASPAN CORPORATION PLACED AN ORDER WITH MACGREGOR FOR CARGO SYSTEM UPDATE OF ITS ELEVEN 10,000 TEU CONTAINER VESSELS.  Full Article

Cargotec's Hiab gains additional order for Finnish Defence Forces
Wednesday, 29 Mar 2017 06:00am EDT 

CARGOTEC OYJ : HIAB GAINS ADDITIONAL ORDER FOR THE FINNISH DEFENCE FORCES' EQUIPMENT RENEWAL PROGRAMME . VALUE OF ORDER IS AROUND EUR 2.5 MILLION .ORDER HAS BEEN BOOKED INTO CARGOTEC'S 2017 Q1 ORDER INTAKE.  Full Article

Cargotec: Kalmar delivers range of cargo-handling equipment to Hamad Port, Qatar
Tuesday, 28 Mar 2017 03:09am EDT 

CARGOTEC OYJ : KALMAR DELIVERS RANGE OF CARGO-HANDLING EQUIPMENT TO HAMAD PORT, QATAR . ORDER WAS BOOKED INTO THE 2016 THIRD QUARTER INTAKE .DELIVERIES HAVE STARTED IN THE FIRST QUARTER OF 2017.  Full Article

More From Around the Web

BRIEF-Cargotec: order for Seaspan for cargo system update

* SEASPAN CORPORATION PLACED AN ORDER WITH MACGREGOR FOR CARGO SYSTEM UPDATE OF ITS ELEVEN 10,000 TEU CONTAINER VESSELS Source text: http://bit.ly/2oB7ASw Further company coverage: (Gdynia Newsroom)