Cavotec’s ports and maritime revenue falls
Cavotec’s revenue from its ports and maritime segment has fallen by 9.2% in 2015.
The segment made €115m (US$127m) of revenue in 2014 and €104m (US$115m) in 2015. This reverses a steady rise in the segment’s revenue between 2011 and 2014.
The segment’s revenue from Europe, the Middle East and Africa, its most important region, decreased by 23%. On the other hand, revenue from the Asia-Pacific and Americas regions increased slightly.
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