Cargotec beat forecasts, stock on a wild rise – Watch a video analysis of the company

Engineering company Cargotec released its third quarter earnings report on Wednesday, and the numbers were strong. Cargotec’s comparable operating profit, received orders and turnover clearly exceeded all analysts’ forecasts, and the company also raised the profit guidance for both its business units Hiab and MacGregor.

Kauppalehti reporter following Cargotec in the video Perttu Räisänen evaluates the core points of Cargotec’s earnings report and the underlying reasons for the good development, and goes through what the company said about the progress of the sale process of its MacGregor unit.

The video also opens Cargotec’s convincing rate development this year. Cargotec’s share has risen by more than seven percent on Wednesday, and since the beginning of the year, the rise has already accumulated to nearly 70 percent, if the share price is cleaned up in the middle of the year, which was spun off into its own company Calamari arvo.

In the video, Räisänen also describes what kind of value-added gift this has meant for Cargotec’s owners since the beginning of the year.