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.”