January-March 2016 in brief
• Orders received decreased 4 percent and totalled EUR 903 (939) million.
• Order book amounted to EUR 2,095 (31 Dec 2015: 2,064) million at the end of the period.
• Sales declined 7 percent and totalled EUR 828 (889) million.
• Operating profit excluding restructuring costs increased 12 percent and was EUR 58.5 (52.3) million, representing 7.1 (5.9) percent of sales.
• Operating profit was EUR 57.7 (51.3) million, representing 7.0 (5.8) percent of sales.
• Cash flow from operations before financial items and taxes totalled EUR 90.8 (51.6) million.
• Net income for the period amounted to EUR 39.1 (36.4) million.
• Earnings per share was EUR 0.61 (0.56).
Outlook for 2016 unchanged
Cargotec’s 2016 sales are expected to be at the 2015 level (EUR 3,729 million) or slightly below. Operating profit excluding restructuring costs for 2016 is expected to improve from 2015 (EUR 230.7 million).
Cargotec's January-March 2016 interim report: Profitability improved according to target
