Kalmar reports high operating profits in 2019

Demand for mobile equipment decreased towards the end of 2019

Kalmar’s 2019 order book increased compared to 2018, positively affected by higher demand for port automation solutions, and it achieved record-high operating profits despite a decrease in orders received.

Overall, Kalmar’s orders received decreased by 7% to 1,776 compared to 1,919 in 2018 while the company, which is part of the Cargotec Corporation, increased its order book by 4%.

Cargotec’s CEO Mika Vehvilãinen said: “Customers are now taking concrete steps towards automation investments and consider how and when they could automate their sites.

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