Sunday , 17 February 2019
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Strong end-of-year results for Kalmar

Kalmar’s financial statements revealed a 23% year-on-year increase in orders, at a total value of €1,991m (US$2,254m), boosted by several major orders placed throughout 2018.

By the end of the period, the manufacturer’s order book saw a 29% increase to €1,012m (US$1,145m) and at a total value of €1,618m (US$1,832m), sales steadily grew by 1%.

Mika Vehviläinen, Cargotec’s CEO, said: “Throughout the year, Kalmar received several orders that benefit from advances automation technology solutions. In line with our strategy, we will continue to invest in the development of digitalisation solutions.”

In 2018, Kalmar partnered with Navis to supply a fully automated intermodal terminal solution for Qube’s Moorebank Logistics Park (MLP) in Australia valued at approximately €80m (us$90.6m).

The order includes the supply of the OneTerminal solution comprised of Kalmar’s automated train handling, automated yard crane and automated horizontal transportation equipment and the Navis N4 terminal operating system (TOS).

In Norway, the manufacter is set to deliver fully automatic equipment, software and services for a fully digitalised container handling solution at mineral fertiliser supplier Yara’s Porsgunn facility.

Kalmar has claimed that all the necessary operations related to the autonomous and electric container vessel Yara Birkeland will be conducted in a fully autonomous and cost efficient manner with zero emissions once completed.

The manufacturer will also supply a complete auto rubber-tyred gantry (ARTG) system to Belfast Container Terminal in Northern Ireland, comprised of eight ARTGs controlled by its Terminal Logistic System (TLS) and remote controlled desks.

Operating profit for the company totalled €138.1m (US$156.4m), an increase of 9% attributed to productivity measures.