Cargotec issues financial statements review 2012
The figures in this financial statements review are based on Cargotec Corporation's audited 2012 Financial statements.
October-December 2012:
Orders received decreased 16 percent and totalled EUR 710 (842) million.
Order book amounted to EUR 2,021 (31 Dec 2011: 2,426) million at the end of the period.
Sales grew 7 percent to EUR 890 (828) million.
Operating profit excluding restructuring costs was EUR 39.5 (48.0) million, representing 4.4 (5.8) percent of sales.
Operating profit was EUR 13.8 (48.0) million, representing 1.5 (5.8) percent of sales.
Cash flow from operations before financial items and taxes totalled EUR 90.6 (88.3) million.
Net income for the period amounted to EUR 8.7 (34.8) million.
Earnings per share was EUR 0.14 (0.56).
January-December 2012:
Orders received totalled EUR 3,058 (3,233) million.
Sales grew 6 percent to EUR 3,327 (3,139) million.
Operating profit excluding restructuring costs was EUR 157.2 (207.0) million, representing 4.7 (6.6) percent of sales.
Operating profit was EUR 131.0 (207.0) million, representing 3.9 (6.6) percent of sales.
Cash flow from operations before financial items and taxes totalled EUR 97.1 (166.3) million.
Net income for the financial period amounted to EUR 89.2 (149.3) million.
Earnings per share was EUR 1.45 (2.42).
The Board of Directors proposes a dividend of EUR 0.71 per class A share and EUR 0.72 per class B share outstanding be paid.
Cargotec's sales are expected to be slightly below 2012 and operating profit excluding restructuring costs to be at 2012 level. Positive impact of efficiency improvement measures implemented will be weighted on the second half of the year.
