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Konecranes Plc reported a transaction involving Pauli Anttila, a member of the Board. The initial notification indicates that on July 29, 2024, Pauli Anttila received 114 shares as part of a share-based incentive, with a unit price of 0.00 EUR. The aggregated transaction also shows a volume of 114 shares at a volume-weighted average price of 0.00 EUR. For further information, Kiira Fröberg, Vice President of Investor Relations, can be contacted. Konecranes, a global leader in material handling solutions, operates in over 50 countries with around 16,600 professionals and reported Group sales of EUR 4.0 billion in 2023. The company's shares are listed on Nasdaq Helsinki under the symbol KCR.
Ulf Liljedahl, a member of the Board at Konecranes Plc, has received a share-based incentive. The transaction took place on July 29, 2024, at the XHEL venue and involved 114 shares with an ISIN of FI0009005870. The unit price and volume weighted average price for the transaction were both 0.00 EUR. For further information, Kiira Fröberg, Vice President of Investor Relations at Konecranes, can be contacted. Konecranes is a global leader in material handling solutions with sales of EUR 4.0 billion in 2023 and its shares are listed on Nasdaq Helsinki under the symbol KCR.
Gun Nilsson, a member of the Board of Konecranes Plc, has received a share-based incentive. The transaction took place on July 29, 2024, at the XHEL venue and involved 114 shares with an ISIN of FI0009005870, at a unit price of 0.00 EUR. Konecranes Plc is a global leader in material handling solutions, employing around 16,600 professionals in over 50 countries, with 2023 group sales totaling EUR 4.0 billion. Konecranes shares are listed on Nasdaq Helsinki under the symbol KCR. For further information, contact Kiira Fröberg, Vice President of Investor Relations.
Konecranes Plc reported its financial results for the first half of 2024, highlighting a record-high comparable EBITA margin across all business segments. Key points include: - Q2 order intake was EUR 967.7 million, a decrease of 11.5% year-on-year, with increases in Service but declines in Port Solutions and Industrial Equipment. - Sales in Q2 reached EUR 1,031.5 million, up 13.0% year-on-year. - Comparable EBITA margin for Q2 was 14.3%, driven by pricing, higher volumes, and effective strategy execution. - Operating profit for Q2 was EUR 137.8 million, a 40.6% increase from the previous year. - Free cash flow in Q2 was EUR 21.5 million, down from EUR 114.0 million in the same period last year. - For H1 2024, order intake was EUR 1,876.8 million, a 21.2% decrease year-on-year. - H1 sales were EUR 1,944.6 million, up 7.3% year-on-year. - H1 comparable EBITA margin was 12.8%, with an operating profit of EUR 226.9 million. - The demand environment remains healthy, with good long-term prospects for global container handling. - Financial guidance for 2024 expects net sales to remain stable or increase compared to 2023, with an improved comparable EBITA margin. CEO Anders Svensson noted strong performance and profitability improvements, with an all-time high quarterly comparable EBITA margin of 14.3%. The company continues to execute its strategy effectively, with a healthy demand outlook and ongoing expansion in Service and Industrial Equipment segments.
Konecranes PLC will release its January-June 2024 half-year financial report on July 26, 2024, at approximately 8:30 a.m. EEST. The report will be available on the company's website. A live international webcast and telephone conference for analysts, investors, and media will take place the same day at 11:30 a.m. EEST, presented by President and CEO Anders Svensson and CFO Teo Ottola. The event will be in English and questions can be asked at the end. The conference will be recorded and made available on the company's website later. Registration links for the webcast and telephone conference are provided, and questions can be submitted during the event. Further information can be obtained from Kiira Fröberg, Vice President of Investor Relations. Konecranes is a global leader in material handling solutions with approximately 16,600 employees in over 50 countries, and its shares are listed on Nasdaq Helsinki.
Konecranes PLC announced that Juha Pankakoski, Executive Vice President of Port Solutions and a member of the Leadership Team, will leave the company to take a position at another organization by November 2024. Anders Svensson, President and CEO of Konecranes, expressed gratitude for Pankakoski's 20-year contribution to the company, particularly in technology and digital development. Konecranes will begin the search for his successor immediately. Konecranes is a global leader in material handling solutions, employing around 16,600 professionals in over 50 countries, with 2023 sales totaling EUR 4.0 billion. The company's shares are listed on Nasdaq Helsinki.
Konecranes PLC has issued a profit warning, upgrading its profitability guidance for 2024. The company's strategy execution and effective cost inflation management have exceeded expectations in the first five months of the year. As a result, Konecranes now anticipates an improvement in its full-year 2024 comparable EBITA margin compared to 2023. The revised guidance expects net sales to remain at the same level or increase compared to 2023, with an improved EBITA margin. In 2023, Konecranes reported net sales of EUR 3,966.3 million and an EBITA margin of 11.4%. The previous guidance had anticipated net sales and EBITA margin to remain the same or improve in 2024. For further information, investors can contact Kiira Fröberg, Vice President of Investor Relations. Konecranes is a global leader in material handling solutions with operations in over 50 countries and shares listed on Nasdaq Helsinki.
Konecranes, a global leader in material handling solutions, will publish its interim report for January-March 2024 on April 25, 2024. The report will be available on the company's website. Due to the high volume of corporate earnings on the same day, the company's live webcast and telephone conference will be held slightly earlier than usual, at 11:00 a.m. EEST. The conference will be led by President and CEO Anders Svensson and CFO Teo Ottola, and will be recorded for later viewing. Questions can be asked during the conference or submitted in writing while watching the webcast.