Cargotec Corporation

Helsinki Stock Exchange CGCBV.HE

Cargotec Corporation Gross Profit Margin for the year ending December 31, 2023: 24.19%

Cargotec Corporation Gross Profit Margin is 24.19% for the year ending December 31, 2023, a 15.27% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • Cargotec Corporation Gross Profit Margin for the year ending December 31, 2022 was 20.99%, a -5.07% change year over year.
  • Cargotec Corporation Gross Profit Margin for the year ending December 31, 2021 was 22.11%, a -0.88% change year over year.
  • Cargotec Corporation Gross Profit Margin for the year ending December 31, 2020 was 22.30%, a -5.90% change year over year.
  • Cargotec Corporation Gross Profit Margin for the year ending December 31, 2019 was 23.70%, a -3.83% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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Helsinki Stock Exchange: CGCBV.HE

Cargotec Corporation

CEO Mr. Casimir Lindholm M.B.A., M.Sc., M.Sc. (Econ.)
IPO Date June 1, 2005
Location Finland
Headquarters Porkkalankatu 5
Employees 6,090
Sector Industrials
Industries
Description

Cargotec Corporation provides cargo and load handling solutions worldwide. It operates in three segments: Kalmar, Hiab, and MacGregor. The Kalmar segment offers cargo handling equipment and automated terminal solutions, software, and services for ports, terminals, distribution centers, and various industries; ship-toshore cranes, rubbertyred and rail-mounted gantry cranes, straddle and shuttle carriers, reachstackers, empty container handlers, terminal tractors, and forklift trucks, and automated guided vehicles; and automation systems, and Bromma spreaders, as well as maintenance contracts, technical support, spare parts, training, and crane upgrade services. The Hiab segment provides loader handling equipment under the HIAB, EFFER, and ARGOS brands; truck mounted forklifts under the MOFFETT and PRINCETON brands; forestry and recycling cranes under the LOGLIFT and JONSERED brands; hooklifts and skiploaders under the MULTILIFT brand; tail lifts under the ZEPRO, DEL, and WALTCO brands; HiConnect platform; and Hiab ProCare services and HiVision crane operating system. The MacGregor segment offers cargo and load handling solutions and maintenance services. Cargotec Corporation was incorporated in 2005 and is headquartered in Helsinki, Finland.

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StockViz Staff

January 15, 2025

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