Konecranes as an investment

Konecranes is a world-leading lifting equipment manufacturer serving manufacturing and process industries, shipyards and harbors with productivity enhancing lifting solutions and services. The company has industry-leading technology and global modular product platforms with production facilities in 12 countries and sales and service locations in 43 countries. The Group’s head office is in Finland and its shares are listed on the NASDAQ OMX Exchange in Helsinki, Finland.

Prominent market position

Konecranes is the clear market leader in crane service with the world’s most
extensive crane service network. The Group’s Service Business Area applies a unique business concept that stems from customer needs instead of being an after-sales only service for own installed equipment base. Konecranes services all crane makes and offers more value-added to customers through performance-based agreements.

In Standard Lifting equipment Konecranes is the world’s largest supplier of industrial cranes and wire rope hoists, and one of the largest manufacturers of light crane systems and chain hoists as well as the worldwide leader in explosion-protected crane technology. Konecranes has developed efficient product platform and supply chain as well as global distribution channels that enable scale benefits both in production and sales.

In Heavy Lifting equipment Konecranes is the global leader in overhead cranes for process industries and in shipyard gantry cranes. It is also a global supplier of cranes and lift trucks for container handling and heavy unitized cargo, automation and bulk material unloading. During the years Konecranes has developed a solid knowledge and understanding for its customers’ processes and is thus able to offer equipment that help the customers to maximize their productivity.

Profitable growth

Konecranes’ Group Strategy is based on the combination of capitalizing on the extensive service network, leading technology, fast paced industrial consolidation, and a focus on efficient supply chains, giving growth and good profitability. The Konecranes growth strategy is based on continued organic growth in existing markets – paired with an aggressive plan for acquisitions to enter new geographical markets or to fill a gap in the product portfolio. Increased production in expanding markets such as Asia and Eastern Europe offers great opportunities to improve both competitiveness and cost levels. This has involved moving production to low-cost countries and outsourcing of own manufacturing.

Balanced exposure to economic cycles

As part of its strategy, Konecranes strives to maintain a wide geographical presence, a diverse customer base as well as a wide product range to balance out different economic trends in different market areas. The aim is also to increase the proportion of its service revenue which is more stable than new equipment sales, thus decreasing exposure to economic cycles.