Konecranes Oyj

Konecranes Plc announced its schedule for releasing financial information in 2025. The financial statement for 2024 will be released on February 7, 2025, followed by interim reports in April and October, and a half-year report in July. The 2024 Annual Report will be available by February 28, 2025, in both English and Finnish on their website. The Annual General Meeting is tentatively set for March 27, 2025, with the Board of Directors to convene it later. Shareholders can propose agenda items by January 17, 2025. Konecranes will observe a silent period before releasing its financial reports. Konecranes is a global leader in material handling solutions, with 16,600 employees in over 50 countries, and reported sales of EUR 4.0 billion in 2023. Its shares are listed on Nasdaq Helsinki.

Konecranes PLC announced that it will release its interim report for January-September 2024 on October 25, 2024, at approximately 8:30 a.m. EEST. The report will be accessible on the company's website. An international webcast and telephone conference for analysts, investors, and media will be held on the same day at 11:30 a.m. EEST, conducted in English. The event will feature presentations by President and CEO Anders Svensson and CFO Teo Ottola, with a Q&A session at the end. The conference will be recorded and made available on the company's website. Participants can join the webcast via a provided link and ask questions through a telephone conference or a written form. Konecranes, a global leader in material handling solutions, operates in over 50 countries with approximately 16,600 employees. In 2023, the company's sales reached EUR 4.0 billion, and its shares are listed on Nasdaq Helsinki.

Konecranes PLC announced changes in its leadership team and operating model to support its growth strategy. Effective January 1, 2025, the company will restructure into three Business Areas: Industrial Service, Industrial Equipment, and Port Solutions, instead of the current two. This new model aims to enhance growth, efficiency, and profitability, without affecting financial reporting. Key leadership appointments include: - Tomas Myntti as Business Area President, Port Solutions, effective October 14, 2024, replacing Juha Pankakoski. - Fabio Fiorino as Business Area President, Industrial Service, effective January 1, 2025. - Marko Tulokas as Business Area President, Industrial Equipment, effective January 1, 2025. The updated Konecranes Leadership Team, effective January 1, 2025, will include: - Anders Svensson, President and CEO - Teo Ottola, CFO, Deputy CEO - Fabio Fiorino, Business Area President, Industrial Service - Tomas Myntti, Business Area President, Port Solutions - Marko Tulokas, Business Area President, Industrial Equipment - Minna Aila, EVP, Corporate Affairs & Brand - Claes Erixon, EVP, Technologies - Christine George, EVP, Strategy & Business Development - Anneli Karkovirta, EVP, People & Culture - Sirpa Poitsalo, EVP, General Counsel Konecranes is a global leader in material handling solutions, with around 16,600 professionals in over 50 countries and 2023 sales totaling EUR 4.0 billion. The company is listed on Nasdaq Helsinki.

Konecranes PLC has issued a profit warning, upgrading its sales guidance for 2024. The company now expects its full-year 2024 sales to increase compared to 2023, due to strong delivery execution. The updated financial guidance anticipates an increase in net sales and an improvement in the comparable EBITA margin for 2024. In 2023, Konecranes' net sales were EUR 3,966.3 million, with a comparable EBITA margin of 11.4%. The previous guidance, issued in June 2024 and reiterated in July 2024, expected net sales to remain at the same level or increase in 2024, with an improved EBITA margin. For further information, investors and analysts can contact Kiira Fröberg, Vice President of Investor Relations. Konecranes is a global leader in material handling solutions, with around 16,600 professionals in over 50 countries, and its shares are listed on Nasdaq Helsinki.