Craft

Cavotec

Stock Price

KR18.1

2024-10-29

Market Capitalization

KR1.9 B

2024-10-29

Revenue

€180.7 M

FY, 2023

Cavotec Summary

Company Summary

Overview
Cavotec is a global engineering company that designs and manufactures automated connection and electrification systems for ports, mining and tunneling, and other industrial applications. It operates through three divisions: Ports and Maritime, Industry, and Services. The Ports and Maritime division manufactures automated mooring, shore power, crane electrification, connection and charging systems, etc. The Industry division offers cranes, radio remote controllers, spring and motorized reels, cables, collectors, connectors, power units, and other solutions. The Services division provides inspections, equipment modernization, consulting, maintenance programs, etc.
Type
Public
Status
Active
Founded
1974
HQ
Lugano, CH | view all locations
Website
https://www.cavotec.com/en/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • David Pagels

    David Pagels, Group Chief Executive Officer

  • Vanessa Tisci

    Vanessa Tisci, Chief Legal & Human Resources Officer

  • Memed Üzel

    Memed Üzel, Chief Commercial Officer

  • Joakim Wahlquist

    Joakim Wahlquist, Group Chief Financial Officer

Operating MetricsView all

Countries (Customers)

80

FY, 2022

Countries (Facilities)

19

FY, 2022

Installations

24K

FY, 2022

LocationsView all

19 locations detected

  • Lugano, TI HQ

    Switzerland

    Corso Elvezia 16

  • Mooresville, NC

    United States

    500 S Main St, Building 1, Suite 109

  • Perth, WA

    Australia

    24 Garnet Way

  • Shanghai, Shanghai Shi

    China

    Duhui Road

  • Espoo

    Finland

    Olarinluoma 14 B

  • Hausen, BY

    Germany

    Gewerbering 3

and 13 others

Cavotec Financials

Summary Financials

Revenue (Q3, 2024)
€44.1M
Gross profit (Q3, 2024)
€22.9M
Net income (Q3, 2024)
€1.0M
Cash (Q3, 2024)
€12.0M
EBIT (Q3, 2024)
€3.0M
Enterprise value
$1.9B

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