Cargotec restructures to secure the future

In-Depth by WCN Editorial

Cargotec presented its audited 2009 results early this month in Helsinki. Order intake for the year came to €1.828B, 51% down on the figure for 2008 (€3.769B). At the end of 2009 the order book stood at €2.149B, 30% down on the corresponding figure at the end of 2008 (€3.054B). Sales for the year were down by 24%, to €2.581B. In 4Q/09 orders received totalled €464M (€633M in 4Q/08) and sales were €669M (€924M).

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Business Business/Commerce Miscellaneous Cargo Handling Equipment In-Depth Mergers/Acquisitions/Restructuring Multimodal Road Yard Cranes Bromma Cargotec Cargotec Port Security Container & Cargo Handling Equipment Hiab Kalmar Konecranes MacGregor RTGs Siwertell

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