Craft

Konecranes

Stock Price

€63.9

2024-10-29

Market Capitalization

€5 B

2024-08-26

Revenue

€4.2 B

FY, 2025

Konecranes Summary

Company Summary

Overview
Konecranes is a company engaged in the manufacture and marketing of lifting equipment, as well as the provision of lifting solutions and services. The company operates through three business segments: Service, Industrial Equipment, and Port Solutions. The Service segment provides specialized maintenance services and spare parts for industrial cranes and hoists. The Industrial Equipment segment offers hoists, cranes, and material handling solutions. The Port Solutions segment is focused on container handling equipment, equipment for handling bulk, general and project cargo, shipyard handling equipment, and heavy-duty lift trucks. The company caters to automotive, general manufacturing, mining, nuclear, power, and other industries.
Type
Public
Status
Active
Founded
1910
HQ
Hyvinkää, FI | view all locations
Website
https://www.konecranes.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Teo Ottola

    Teo Ottola, Chief Financial Officer

  • Fabio Fiorino

    Fabio Fiorino, Business Area President, Industrial Service

  • Marko Tulokas

    Marko Tulokas, President and CEO

  • Tomas Myntti

    Tomas Myntti, Business Area President, Port Solutions

    Operating MetricsView all

    Orders Received

    €909.1M
    29.5%

    Q1, 2024

    Order Book

    €3B
    7.2%

    Q1, 2024

    Order Book (Port Solutions)

    €1.6B
    10.1%

    Q1, 2024

    LocationsView all

    75 locations detected

    • Hyvinkää, Uusimaa HQ

      Finland

      Koneenkatu 8

    • Springfield, OH

      United States

      4401 Gateway Blvd

    • Ingleburn, New South Wales

      Australia

      14 Heald Rd

    • Brunn am Gebirge, Niederösterreich

      Austria

      Rennweg 87

    • Chittagong, Chittagong Division

      Bangladesh

      Ispahani Building, Sheikh Mujib Rd

    • Lummen, Vlaanderen

      Belgium

      75 Bosstraat

    and 69 others

    Konecranes Financials

    Summary Financials

    Revenue (Q1, 2026)
    €907.9M
    Gross profit (Q1, 2026)
    €578.0M
    Net income (Q1, 2026)
    €67.2M
    Cash (Q1, 2026)
    €592.4M
    EBIT (Q1, 2026)
    €95.7M
    Enterprise value
    $4.8B

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