Konecranes’ result fell short of expectations – Strong order intake as a bright spot

An engineering company known for cranes Konecranes comparable ebita in April–June was 130 million euros, while a year earlier it was 150 million euros. The company’s comparable ebita margin rate fell to 12.7 percent from 14.3 percent in the comparison period.

The result was below the forecast of seven analysts compiled by Vara Research. Analysts expected a comparable ebita result of 154 million euros from the company.

The company’s net sales fell to 1,020 million euros from 1,052 million euros at the same time last year.

The turnover fell short of Vara Research’s forecast, where the company was expected to have a turnover of 1,088 million euros.

Konecranes’ earnings per share was EUR 0.38, compared to EUR 0.42 at the same time last year. Earnings per share were below the analyst forecast, which was EUR 0.45.

The company’s operating result in April–June was 120 million euros. At the same time last year, the operating result was 137 million euros.

Konecranes expects turnover to remain at approximately the same level or to increase in 2026 compared to 2025. The comparable ebita margin percentage is estimated to remain at approximately the same level in 2026 compared to 2025, states the company’s announcement.

The second quarter of the year was very strong for the company from the point of view of orders, CEO Marko Tulokas states in the announcement. According to the newcomer, order activity was solid in all three business areas, which led to a clearly higher order backlog.

The orders received by Konecranes increased to 1,241 million euros in April–June from 1,097 million euros at the same time last year.

The orders received exceeded the analyst forecast. Analysts expected an order intake of 1,090 million euros from the company.

The company’s order book grew to 3,385 million euros at the end of the review period. A year earlier, the value of the order backlog was 2,915 million euros.

After the review period, Konecranes announced that it would acquire a 70 percent majority stake in the Japanese company Mitsubishi Electric FA Industrial Productsista. The acquisition enables the company to enter one of the largest rope hoist markets in the world.

The news is based on the company’s stock exchange release and analyst forecast, if one has been available. The news has been prepared by artificial intelligence and checked by the editor before publication.