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Latest outlook

Demand outlook | Financial Statement Report 2017  | February 8, 2018

Demand situation for industrial cranes, hoists and service in Europe is stable within the industrial customer segments. Business activity in the North American manufacturing industry remains mixed. Demand in Asia-Pacific is showing signs of improvement. Global container throughput growth has improved and the prospects for the small and medium-sized orders related to container handling have strengthened.
 

Previous market outlook

Economic indicators related to manufacturing industries continue to be strong. Demand situation in Europe is stable within the industrial customer segments. Business activity in the North American manufacturing industry remains mixed. Demand in Asia-Pacific is showing signs of bottoming out. Global container throughput growth has improved and the prospects for the small and medium-sized orders related to container handling have strengthened. (Q3 Interim Report, October 25, 2017)

 

Financial guidance | Financial Statement Report 2017  | February 8, 2018

The sales in 2018 are expected to be approximately on the same level or higher than in 2017. We expect the adjusted EBITA margin to improve in 2018.
 

Previous financial guidance

The sales in 2017 are expected to be lower than the comparable combined company sales in 2016 (EUR 3,278 million). We expect the adjusted EBITA to total EUR 205–225 million in 2017 (comparable combined company’s adjusted EBITA was EUR 184 million in 2016).

The comparable combined company’s operations comprise Konecranes’ operations without the divested STAHL CraneSystems business, but include the acquired MHPS business. See the stock exchange releases published on April 10, 2017 and April 13, 2017 for further financial information including the basis of preparation for comparable combined company. (Q3 Interim Report, October 25, 2017)