KONECRANES PLC STOCK EXCHANGE RELEASE December 16, 2020 at 17:30 EET
The Board of Directors of Konecranes Plc has resolved the criterion for the second measurement period of the Performance Share Plan 2020
The Board of Directors of Konecranes Plc has resolved adjusted earnings per Share (EPS) as the criterion for the second measurement period of the Performance Share Plan 2020. Adjustments to the EPS include defined restructuring costs, mergers and acquisitions related deal costs and other unusual items.
Performance Share Plan 2020 includes three separate measurement periods and separate targets for 2020, 2021 and 2022, each year with equal weighting. The launch and essential terms and conditions of the Plan were published in a stock exchange release on July 23, 2020.
Vice President, Investor Relations
Kiira Fröberg, Vice President, Investor Relations,
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Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity enhancing lifting solutions as well as services for lifting equipment of all makes. In 2019, Group sales totaled EUR 3.33 billion. Including MHE-Demag, the Group has around 17,000 employees in 50 countries. Konecranes shares are listed on the Nasdaq Helsinki (symbol: KCR).