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Konecranes reveals port equipment revenues

Following the MHPS acquisition, Konecranes is reporting three business areas: Service, Industrial Equipment and Port Solutions as of 1st January, 2017
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.The figures provided below include recast segment results for 2016 reflecting the company's new financial reporting and organisational structure.

Until now Konecranes has reported two segments: Business Area Service and Business Area Equipment. The previous Business Area Service included all service and parts operations of Konecranes. This meant there too much opacity for a specialist publication like WorldCargo News so we have not been reporting the financials.

The figures, in € millions, are:

Order book by Business Area

             Q1/2016 Q2/2016 Q3/2016 Q4/2016

Service    166.2       177.3      177.9       158.1

Industrial  419.6      429.3      426.7       399.4

Port         449.8      436.7      383.0       480.5

Total      1,035.6   1,043.3     987.7    1,038.0

Sales by Business Area

             Q1/2016    Q2/2016 Q3/2016 Q4/2016

Service     209.1       231.0     220.3      254.3

Industrial   187.5        210.3      199.1    233.1

Port           102.3       132.4      145.5    163.0

Internal       -40.3       -44.9        -47.4    -37.1

Total         458.6       528.8      517.6     613.3


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