Konecranes Oyj · OMXHEX:KCR
Konecranes Oyj — Investor Presentation (April 2025)
128 slides from Konecranes Oyj's investor presentation, April 2025
Slide 1: Konecranes Investor Presentation April 2025
Konecranes Investor Presentation April2025
Slide 2: Important Notice
Important Notice The following applies to this presentation, the oral presentation of the information in this presentation by Konecranes Abp (the “Company” or “Konecranes”) or any person on behalf of the Company, and any question-and-answer session that follows the oral presentation (collectively, t
Slide 3: Agenda
Agenda 1. Konecranes in brief 2. Updated strategy & financial targets 3. Key financials development 4. Konecranes as an investment 5. Business Area overviews 6. Appendix 7. Latest quarterly result presentation 3 PUBLIC
Slide 4: 1. Konecranes in brief
1. Konecranes in brief
Slide 5: Shaping next generation material handling for a smarter, safer and better world
Shaping next generation material handling for a smarter, safer and better world Nasdaq Helsinki Headquartered in Active in around Approximately KCR Hyvinkää 50 16,700 since 1996 Finland countries employees, Q1/25 Orders received Net sales Comparable EBITA Order book 3,999.6 4,227.0 13.1% 2,888.4 MEU
Slide 6: Two main customer segments, extensive service coverage and a truly global presence
Two main customer segments, extensive service coverage and a truly global presence Sales by Business Area 2024 Sales by offering type, 2024 Sales by region, 2024 36% 42% 13% 47% 35% Industrial Service Total service APAC EMEA Port Solutions 1575 MEUR 1853 MEUR(1) 557 MEUR 1969 MEUR 1522 MEUR 29% 58%
Slide 7: An industry and technology leader in material handling solutions
An industry and technology leader in material handling solutions Industrial Service Industrial Equipment Port Solutions • Specialized maintenance services and • Extensive range of industrial cranes, from • Provides equipment, solutions and service spare parts for all types and makes of components an
Slide 8: We have a solid platform with leading market positions to build on
We have a solid platform with leading market positions to build on Business Area Market & position Offering Net sales • Inspections & preventive maintenance 1,574.7 ~15 BEUR • Predictive maintenance & remote monitoring 36% addressable MEUR, 2024 • Corrective maintenance & retrofits core market Indus
Slide 9: Our broad customer base provides both stability and growth opportunities
Our broad customer base provides both stability and growth opportunities Orders by customer segments, 2024 11% 4% Power 6% Construction Transportation and Engineering Equipment Container handling General manufacturing Metals production 7% Metals 13% Production Distributors 4% Paper and Forest Paper
Slide 10: More than 100 years of growth both organically and through strategic acquisitions
More than 100 years of growth both organically and through strategic acquisitions 10 PUBLIC
Slide 11: Around 16,700 employees and production facilities in the Americas, EMEA and APAC
Around 16,700 employees and production facilities located in the Americas, EMEA and APAC Personnel by region (end of Q1 2025) EMEA 10,023 60% Hämeenlinna Hyvinkää AME 3,304 20% Markaryd Wetter Uslar APAC 3,362 20% Liebengrûn Düsseldorf Slany Zaporizhzhia Total 16,689 100% Würzburg Watertown Agrate S
Slide 12: Megatrends that shape Konecranes' markets
Konecranes has identified the following megatrends that shape its markets and provide business opportunities Sustainability Digitalization and automation Geopolitics and macroeconomics Sustainability has become the norm Geopolitical issues change the dynamics in business, the focus widening to manag
Slide 13: Purpose-built componentry, technology innovation and digitalization
We harness the advantages of our purpose-built componentry, technology innovation and digitalization • Core of Lifting comprises purpose-built, integrated package of gearbox, motor, control system and connectivity, made specifically for cranes and lifting motion • Designing and creating the core in-
Slide 14: Konecranes' sustainability commitments
Konecranes’ sustainability commitments We deliver safe and secure material We enable a decarbonized and We create fair, inclusive, diverse and handling solutions circular world engaging working environment • Providing solutions for safe, uninterrupted and • Supporting our customers in reaching their
Slide 15: Ambitious climate targets and progress
We have ambitious climate targets and have made great progress towards them SCIENCE-BASED TARGETS: PROGRESS: Million tons of CO2e Own operations: • 50% absolute GHG emission reduction(1) by 2030 • Progress: Target achieved in 2022 (56% reduction in 2019- 2024) • New, more ambitious target set: Carbo
Slide 16: Sustainability work recognized with leadership ratings
Oursustainabilityworkhasbeenrecognizedwithleadership ratings Sustainability ratings Selected highlights in 2024: We deliver safe and secure material handling solutions • Konecranes received IEC 62443 cybersecurity certification for its product development process, covering RTGs, Process Cranes and L
Slide 17: Carbon neutral own operations by 2030
We have raised our ambition and aim at carbon neutral own operations by 2030 2022 2023 2027 2030 All electricity in 1st Carbon-neutral Carbon-neutral manufacturing carbon-neutral manufacturing fleet operations is manufacturing network renewable site 17 PUBLIC
Slide 18: This is Konecranes
This is Konecranes Our Purpose Shaping next generation material handling a for smarter, safer, and better world Our Ambition The world leader in material handling solutions, creating value for everyone Our strategic enablers Deepening Scaling Advancing Enhancing Accelerating customer technology resp
Slide 19: 2. Updated strategy & financial targets
2. Updated strategy & financial targets
Slide 20: Material handling market offers possibility to capture growth
Material handling market offers possibility to capture growth Market size estimate (BEUR) Estimated growth Includes our current Cranes and hoists1 35-40 core market Traditional Some Konecranes equipment Industrial trucks and lifts ~45 presence Conveyors 8-10 Our focus Robots 7-10 is on our core busi
Slide 21: A clear strategy to execute in all Business Segments
We have a clear strategy to execute in all our Business Segments Deliver Improve Industrial Generate profitable Industrial Equipment growth in Service profitability Port Solutions growth • Renewed Service Program: • Simplification of go-to market • Focus on core offering segmented offering driving m
Slide 22: Our focus is on profitability before embarking on growth
Our focus is on profitability before embarking on growth We will manage our businesses by clear mandates for their operations. Depending on the stage of development, the mandates are either for Stability, Profitability or Growth. Port Solutions Equipment Industrial Service PS BU PS BU PS BU PS BU PS
Slide 23: Our Ambition, financial targets and dividend policy
Our Ambition is to become the world leader in material handling solutions creating value for everyone Financial targets: 1 • Sales growth faster than the market 2 • Comparable EBITA margin of 12-15% as soon as possible, but no later than in 2027 Dividend policy: To pay a stable to increasing dividen
Slide 24: Financial targets
Financial targets Sales growth faster than the market1 12-15% comparable EBITA margin2 Industrial Service Industrial Equipment Port Solutions Sales growth Sales growth Sales growth clearly faster than in line with clearly faster than the market1 the market1 the market1 20-24% 8-10% 9-11% comparable
Slide 25: We pay a stable to increasing dividend to our shareholders
We pay a stable to increasing dividend to our shareholders EUR EPS, basic DPS Dividend/Earnings, % 5,00 4.65 Dividend policy 4,00 3.48 Stable to 3,00 increasing dividend 67.2% 70.6% per share, 57.1% 1.86 35.5% 2,00 1.77 38.8% 1.65 1.54 1.35 over the cycle 1.25 1.25 1,00 0.88 0,00 2020 2021 2022 2023
Slide 26: Strategic Enablers driving our business forward
Strategic Enablers driving our business forward towards our Ambition and Financial Targets Deepening Scaling Advancing Enhancing Accelerating customer technology responsible our winning efficiency focus innovation business culture Operating model with clear authorization and accountability 26 PUBLIC
Slide 27: Embedding a winning attitude and growth mindset
We are embedding a winning attitude and growth mindset • Engaging culture and values • Competitive mindset • Deliver what we promise • Sense of urgency • Ease of doing business with • Open, proactive communication • Performance management • Continuous improvement 27 PUBLIC
Slide 28: Strong platform and a clear plan to execute
Shaping next generation material handling for a smarter, safer and better world We have a strong platform to build on and a clear plan to execute: We have… …to take us to the next level ✓ Great people • Sales growth faster than the market1 ✓ A leading position in services and equipment • Comparable
Slide 29: Our capital allocation priorities
Our capital allocation priorities Capital expenditure Reinvesting into own operations to grow the business and improve productivity Dividends % Distributing profits to shareholders according to the dividend policy Acquisitions Strengthening the business with bolt-on and adjacent acquisitions € Debt
Slide 30: 3. Key financials development
3. Key financials development
Slide 31: Order intake
Order intake MEUR(1) 5000 4153 4228 4161 4000 4000 3447 2994 3000 +22.7% -1.6% -3.9% 2000 +15.1 Y/Y Y/Y Y/Y Y/Y -12.7% Y/Y Y/Y 909 1062 1000 +16.8% Y/Y 0 2020 2021 2022 2023 2024 Q1/25 1-3/2024 1-3/2025 R12M Note (1): Agreement base included in orders received from Q1 2023 onwards and historical fig
Slide 32: Net sales
Net sales MEUR 5000 4298 4227 3966 4000 3365 3179 3186 3000 +6.6% Y/Y +17.9% 2000 +5.6% Y/Y Y/Y -4.4% +0.2% Y/Y Y/Y Y/Y 913 984 1000 +7.7% Y/Y 0 2020 2021 2022 2023 2024 Q1/25 1-3/2024 1-3/2025 R12M 32 PUBLIC
Slide 33: Comparable EBITA margin
ComparableEBITA margin MEUR Comparable EBITA Comparable EBITA margin, % 600 552 559 500 451 400 318 13.1% 13.0% 312 11.4% 300 261 9.8% 9.5% 8.2% 11.1% 11.1% 200 102 109 100 0 2020 2021 2022 2023 2024 Q1/25 R12M 1-3/2024 1-3/2025 33 PUBLIC
Slide 34: Order book
Order book MEUR Industrial Service Industrial Equipment Port Solutions 5000 +4.8% -3.4% +42.5% -5.0% 4000 Y/Y Y/Y Y/Y Y/Y +18.7% 2902 3041 2888 2942 3000 -6.0% Y/Y Y/Y 2037 2000 1716 1559 1552 1000 893 940 436 450 0 2020 2021 2022 2023 2024 Q1/2025 34 PUBLIC
Slide 35: 4. Konecranes as an investment
4. Konecranes as an investment
Slide 36: Konecranes as an investment
DEEPENING CUSTOMER FOCUS | ACCELERATING EFFICIENCY | SCALING TECHNOLOGY INNOVATION | ADVANCING RESPONSIBLE BUSINESS | ENHANCING OUR WINNING CULTURE Konecranes as an investment Strong market position in all Attractive opportunities for Leader in technology Business Segments growth Profitability targe
Slide 37: Innovative solutions and patent portfolio make us a technology leader
Leader in technology | Strong market position in all Business Segments | Attractive opportunities for growth | Target for 12-15% Group comparable EBITA margin | Solid financial position and dividend | Long-term commitment to sustainability With many innovative solutions and a solid patent portfolio,
Slide 38: Strong market position in all three segments
Leader in technology | Strong market position in all Business Segments | Attractive opportunities for growth | Target for 12-15% Group comparable EBITA margin | Solid financial position and dividend | Long-term commitment to sustainability We have a strong market position in all of our three segment
Slide 39: Global leader serving a broad range of customers
Leader in technology | Strong market position in all Business Segments | Attractive opportunities for growth | Target for 12-15% Group comparable EBITA margin | Solid financial position and dividend | Long-term commitment to sustainability Konecranes is a global leader in material handling solutions
Slide 40: Comparable EBITA margin of 12-15% by 2027
Leader in technology | Strong market position in all Business Segments | Attractive opportunities for growth | Target for 12-15% Group comparable EBITA margin | Solid financial position and dividend | Long-term commitment to sustainability Comparable EBITA margin of 12-15% as soon as possible, but n
Slide 41: Healthy balance sheet and stable to increasing dividend
Leader in technology | Strong market position in all Business Segments | Attractive opportunities for growth | Target for 12-15% Group comparable EBITA margin | Solid financial position and dividend | Long-term commitment to sustainability A healthy balance sheet enabling long-term development & gro
Slide 42: Konecranes works for a decarbonized and circular world
Leader in technology | Strong market position in all Business Segments | Attractive opportunities for growth | Target for 12-15% Group comparable EBITA margin | Solid financial position and dividend | Long-term commitment to sustainability Konecranes works for a decarbonized and circular world Konec
Slide 43: Konecranes as an investment
Leader in technology | Strong market position in all Business Segments | Attractive opportunities for growth | Target for 12-15% Group comparable EBITA margin | Solid financial position and dividend | Long-term commitment to sustainability Konecranes as an investment 1. LEADER IN TECHNOLOGY 2. STRON
Slide 44: 5. Business Area overviews
5. Business Area overviews
Slide 45: Industrial Service
5. Business Area overviews Industrial Service
Slide 46: Industrial Service in brief
Industrial Service | Industrial Equipment | Port Solutions Industrial Service in brief Key financials, MEUR Margin, % 7,963 1800 1575 1490 employees (end of Q1 2025) 1343 1200 36% 1,574.7 18,6% 19,9% 21,0% of Group sales net sales, MEUR (2024) 600 249 296 332 (2024) 0 21.0% 2022 2023 2024 comp. EBIT
Slide 47: Service actions starting to deliver growth
Industrial Service | Industrial Equipment | Port Solutions Working as one customer-centric team Service actions starting to deliver growth INDUSTRIAL SERVICE Status Update • Service Programs renewal / Agreement base expansion • Revised programs / tools launched. Implementation continues. • Enhanced
Slide 48: Market leader with unique global service branch network
Industrial Service | Industrial Equipment | Port Solutions Market leader with our unique global service branch network and unmatched service offering 10% Industrial Service: Industrial Service: Industrial Service: EMEA AME APAC ~15B€ market ~15% ~15% <5% market share market share market share Indust
Slide 49: Industrial Service business model across the lifecycle
Industrial Service | Industrial Equipment | Port Solutions Industrial Service business model – managing assets throughout the lifecycle Inspections, Preventive Maintenance, Predictive Maintenance ~20% Agreement Sales, Inside Sales of sales New business development and renewals Lead generation Correc
Slide 50: Agreement base breakdown by hoist brand and coverage ratios
Industrial Service | Industrial Equipment | Port Solutions Agreement base breakdown by hoist brand and coverage ratios by asset brand Agreement base / breakdown by hoist brand • Approximately 50% of the hoisting machinery in our Konecranes agreement base was manufactured by the Konecranes Group; the
Slide 51: Achieving organic Industrial Service growth
Industrial Service | Industrial Equipment | Port Solutions Achieving organic Industrial Service growth Improved Agreement Quality AGREEMENT BASE (M€) 300 1. Expand agreement base +5% • Renewed/targeted Service Programs • Comprehensive agreements for critical/production assets with larger 200 account
Slide 52: Renewed Service Programs tailored to customer segments
Industrial Service | Industrial Equipment | Port Solutions Renewed Service Programs – each tailored to a different customer segment to enhance customer experience and retention CONDITION CARE COMMITMENT COMPLETE 52 PUBLIC
Slide 53: Digital enablers in Industrial Service
Industrial Service | Industrial Equipment | Port Solutions Digital enablers in Industrial Service – Helping us enhance the customer experience and to deliver services more efficiently Unified customer portal Customer engagement / sales enablement/ offer configuration • Engaging content • Consolidate
Slide 54: Acquisition opportunities across various sectors
Industrial Service | Industrial Equipment | Port Solutions Acquisition opportunities across various sectors BOLT-ON ACQUISITIONS TECHNOLOGIES / CAPABILITIES • Targeting installed base, service • Industrial automation, systems integration, opportunities material flow simulation • Adding certain custo
Slide 55: Technicians are at the heart of our success
Industrial Service | Industrial Equipment | Port Solutions Technicians are at the heart of our success and key to our growth IMPROVE PRODUCTIVITY INCREASE RETENTION ACTIVELY RECRUIT Field operative time and tasks Continuously improving the Always searching for our future talent focused on our custom
Slide 56: Industrial Equipment
5. Business Area overviews Industrial Equipment
Slide 57: Industrial Equipment in brief
Industrial Service | Industrial Equipment | Port Solutions Industrial Equipment in brief Key financials, MEUR Margin, % 5,214 1800 9,0% employees (end of Q1 2025) 1206 1256 1289 1200 7,0% 29% 1,289.3 of Group sales 600 2,7% net sales, MEUR (2024) (2024) 33 87 117 9.0% 0 2022 2023 2024 comp. EBITA ma
Slide 58: Equipment actions driving improved profitability
Industrial Service | Industrial Equipment | Port Solutions Working as one customer-centric team Equipment actions driving improved profitability EQUIPMENT Status Update • Go-to market / operating model simplification • Largely completed. Demag moved to Alpha • Platform harmonization/rationalization
Slide 59: Global market leader in industrial cranes
Industrial Service | Industrial Equipment | Port Solutions Global market leaderin industrial cranes 15% Light Lifting Standard Cranes/ Process Equipment Wire Rope Hoists 1 Cranes Equipment ~10B€ market ~10% 20-25% 5-10% market market market share share share Industrial Equipment market Equipment mar
Slide 60: Industrial Equipment offering
Industrial Service | Industrial Equipment | Port Solutions Industrial Equipment offering – leading provider of industrial cranes Components Standard Cranes Process Cranes (Engineered-to-order) Waste-to-energy Automotive & Biomass Hoists Overhead cranes (Wire rope hoist, electric chain hoist and winc
Slide 61: Dual channels with shared equipment platforms
Industrial Service | Industrial Equipment | Port Solutions Dual channels with shared equipment platforms ensure market coverage, drive economies of scale and enhance profitability End users End users • Industrial Equipment consists of three businesses: Components, Standard cranes, and Process cranes
Slide 62: Strong portfolio of leading industrial crane brands
Industrial Service | Industrial Equipment | Port Solutions Global presence with strong portfolio of leading industrial crane brands AMERICAS EMEA APAC End user channel End user channel End user channel Distribution channel Distribution channel Distribution channel 62 PUBLIC
Slide 63: Product harmonization and digitalization drive profitability
Industrial Service | Industrial Equipment | Port Solutions Product harmonization and digitalization drive profitability Core of Lifting “purpose built” components enable competitiveness and economies of scale Target 2027 Product offering Platforms 2018 Platforms 2024* Benefits of scalability Global
Slide 64: Next Generation Light Lifting Equipment
Industrial Service | Industrial Equipment | Port Solutions Next Generation Light Lifting Equipment Delivering growth opportunities and enhanced profitability New Electric Chain Hoist platform Expanded Light Crane System offering • Full range offering: basic/competitive through • Expanded range, opti
Slide 65: Process Cranes
Industrial Service | Industrial Equipment | Port Solutions Process Cranes Improving process cranes profitability through productization, commercial and project management excellence Assembly Duty Process Duty Tailored General Industry-specific Tailored A Demanding applications in general industry, p
Slide 66: We continue to evaluate our manufacturing footprint
Industrial Service | Industrial Equipment | Port Solutions We continue to evaluate our manufacturing footprint to ensure agility and competitiveness in changing environments and conditions • Crane manufacturing capacity supplemented by subcontracting network • Component manufacturing centralized in
Slide 67: Port Solutions
5. Business Area overviews Port Solutions
Slide 68: Port Solutions in brief
Industrial Service | Industrial Equipment | Port Solutions Port Solutions in brief Key financials, MEUR Margin, % 3,392 1800 1522 employees (end of Q1 2025) 1371 1200 1015 35% 1,521.7 7,5% 9,3% of Group sales 600 6,3% net sales, MEUR (2024) (2024) 64 103 142 9.3% 0 2022 2023 2024 comp. EBITA margin
Slide 69: Port Solutions offering for container handling
Industrial Service | Industrial Equipment | Port Solutions Port Solutions offering – widest and deepest offering for container handling… Port Services Lift Trucks Container Handling Equipment Mobile Harbour Cranes (MHC) Service & maintenance, Ship-To- inspections, spare parts, Shore modernizations,
Slide 70: Equipment, automation solutions, software & services
Industrial Service | Industrial Equipment | Port Solutions …covering equipment, automation solutions, software & services PS offering video ► PS offering video ► 70 PUBLIC
Slide 71: Path to Port Automation
Industrial Service | Industrial Equipment | Port Solutions The complete solution for the Path to Port Automation lifting terminals to higher productivity and efficiency Konecranes Terminal Operating System (TOS) Software In-house Equipment Control System (ECS) software (TOS & ECS) Remote operation a
Slide 72: Fully-electric offering and Path to Ecolifting
Industrial Service | Industrial Equipment | Port Solutions A comprehensive fully-electric offering and Path to Ecolifting & retrofits to increase efficiency and lower emissions Ecolifting video ► Ecolifting video ► Path to Ecolifting & 1. Optimized 2. Hybrid 3. Fully-electric Equipment examples with
Slide 73: Megatrends and demand drivers
Industrial Service | Industrial Equipment | Port Solutions Megatrends and other demand drivers providing opportunities for growth As customers continue to seek increased productivity, enhanced safety and improved predictability Digitalization eCommerce & Sustainability Labour shortage Geopolitics &
Slide 74: Equipment market position and development
Industrial Service | Industrial Equipment | Port Solutions Equipment market position and development Market continues to grow ~10%1 • Global Terminal Operators (GTOs) handle 2/3 of global container throughout and drive the growth • Consolidation of the customer base continues as GTOs expand their gl
Slide 75: Port Services market position and development
Industrial Service | Industrial Equipment | Port Solutions Port Services market position and development ~5% Port Services market expected to grow • Majority of total market is today in-house/insourced • Inland terminals more geared for outsourcing than maritime terminals • Outsourcing driven by agi
Slide 76: We aim to become the World #1 in our core offering
Industrial Service | Industrial Equipment | Port Solutions We aim to become the World #1 in our core offering Financial targets: We capture the market opportunity and reach our targets by: • Sales growth clearly faster than the market1 1. Focusing on our core offering with best growth potential • Co
Slide 77: Market provides plenty of opportunities for growth
Industrial Service | Industrial Equipment | Port Solutions Market provides plenty of opportunities for growth Mobile (A)RTG Service AGV Lift trucks Straddle ASC (ARMG) harbor cranes cranes carriers Market size ~8-9 B€1 ~0.3 B€ ~1.5 B€2 ~2 B€3 ~0.6 B€ ~1.5 B€2 ~0.4 B€ Global #1-2, #1 in #1-2 #2 #1-2
Slide 78: We focus on products with the best growth potential
Industrial Service | Industrial Equipment | Port Solutions We focus on products with the best growth potential With the rest of the product portfolio, our focus is on market share and profitability ASC (ARMG) Lift trucks Mobile (A)RTG Straddle Service AGV harbor cranes carriers cranes Market trend O
Slide 79: Grow Port Services faster than equipment
Industrial Service | Industrial Equipment | Port Solutions We aim to grow Port Services faster than equipment over the cycle KONECRANES PORT SERVICES FACTS Increasing own Boosting Geographic and 3rd party eCommerce & footprint expansion 22% fleet digital channels Share of sales 23 countries with own
Slide 80: We are leading port automation
Industrial Service | Industrial Equipment | Port Solutions We are leading port automation 65% of all the world’s automated container terminals run with Konecranes and more in delivery Inventor of Largest western Best performing Pioneer of AGV ASC/ARMG ECS ARTG +700 units +400 units +10 sites +200 un
Slide 81: Capturing automation opportunities in all terminals
Industrial Service | Industrial Equipment | Port Solutions We capture automation opportunities in all terminals with our widest and deepest offering LARGE MEDIUM-SIZED SMALL-SIZED EXISTING SITES AUTOMATED CONTAINER CONTAINER WITH EXPANSIONS CONTAINER TERMINALS TERMINALS AND TERMINALS REPLACEMENTS Wi
Slide 82: 6. Appendix
@ 2023 Konecranes. All rights reserved. 'Konecranes', 'Moves what matters' and 82 are either registered trademarks or trademarks of Konecranes Global Corporation. 6. Appendix PUBLIC
Slide 83: Konecranes at a glance
Konecranes at a glance Key figures, 2024 Konecranes Industrial Industrial Port Eliminations / Group Service Equipment Solutions Group Orders received 3,999.6 1,559.0 1,263.5 1,350.5 -173.4 MEUR MEUR MEUR MEUR MEUR Order book 2,888.4 435.9 893.3 1,559.1 MEUR MEUR MEUR MEUR Net sales 4,227.0 1,574.7 1
Slide 84: Konecranes key financials development
Konecranes keyfinancialsdevelopment Orders received, MEUR(1) Net sales, MEUR Comp. EBITA, MEUR & comp. EBITA-% 17,9% 22,7% 5,6% (20,5 %) 6,6% 5000 15,1% 5000 0,2% -1,6% -3,9% -4,4% (6,9%) 13,1% (1,8%) (0.3 %) (-3,6%) (-3,0%) (0,7%) 600 4500 4228 4500 552 -12,7% 4000 3966 4000 4161 4000 4227 11,4% 50
Slide 85: Eco-efficient equipment offering with services
Konecranes has a strong eco-efficient equipment offering combined with services to extend product lifecycles Eco portfolio sales by segment(1)(2) Eco portfolio(1)(2) For Industrial Service and Port Service, Konecranes reports circular Circular 40% 41% services revenue that is aligned or eligible wit
Slide 86: Konecranes Board of Directors
Konecranes Board of Directors Pasi Laine Pauli Anttila Ulf Liljedahl Gun Nilsson Chair of the Board Member of the Board Member of the Board Member of the Board Päivi Rekonen Thomas Schulz Birgit Seeger Sami Piittisjärvi Member of the Board Member of the Board Member of the Board Member of the Board
Slide 87: Board independence
Konecranes Board of Directors Board independence • All Board members with the exception of Pauli Anttila are deemed to be independent of the Company's significant 8 75% • shareholders Pauli Anttila is deemed not to be independent of a significant Board members Independent shareholder of the Company,
Slide 88: Konecranes Leadership Team
Konecranes Leadership Team Anders Svensson Teo Ottola Tomas Myntti Fabio Fiorino Marko Tulokas President and CEO CFO, Business Area President, Business Area President, Business Area President, 10 Deputy CEO Industrial Service Port Solutions Industrial Equipment Konecranes Leadership Team members 40%
Slide 89: Strong balance sheet with financial flexibility
We have a strong balance sheet with financial flexibility Equity & net debt, MEUR and gearing, % 2000 Equity Net debt Gearing-% Target, % 1858 1771 1750 Gearing target: <80% 1595 1500 1433 1361 1251 Mid-term target 1250 for debt level <80% 48,0 % 1000 46,1 % 39,8 % 750 688 gearing-% 577 542 22,9 % 5
Slide 90: Group interest-bearing liabilities and net debt
Group interest-bearing liabilities and net debt Structure and maturity profile of interest-bearing liabilities (Dec 31, 2023) Interest-bearing net debt (Dec 31, 2024) 2% MEUR 1% EUR million 31 Dec 31 Dec 15,0 MEUR4,5 MEUR 1200 2024 2023 20% 176,3 MEUR 1000 Non current interest bearing 539.3 727.7 li
Slide 91: Capital expenditure, depreciation and R&D expenditure
Capital expenditure, depreciation and R&D expenditure Capital expenditure and depreciation, MEUR Research and development, MEUR and percentage of sales 120 70 5% 59,8 60 100 4% 51,3 96 48,5 93 50 47,7 47,7 90 80 87 85 3% 40 60 66 30 54 2% 50 1,5% 1,5% 40 1,4% 1,4% 43 1,3% 20 37 1% 20 10 0 0 0% 2020
Slide 92: Net working capital development
Our net working capital development is driven by timing of projects and delivery capability Net working capital, MEUR and percentage of sales (1) 800 NWC, restated % of R12M sales, restated Target, % 14,6 % 700 NWC target: <12% 600 11,0 % 490 Mid-term target 500 8,9 % 9,0 % 8,7 % for net working cap
Slide 93: Free cash flow and return on capital employed
Free cash flow and return on capital employed Free cash flow, MEUR Capital employed, MEUR and comp. return on capital employed, % 600 4000 Capital employed Comp. ROCE-% 22,3 % 20,8 % 525 511 3500 450 427 437 3000 2754 17,7 2550% 2539 2514 366 2422 375 2500 13,4 2226% 13,4 % 11,1 % 300 2000 225 1500
Slide 94: Operating expenses
Operating expenses EUR million 1-12/ 1-12/ 1-12/ Operating expenses, MEUR and operating expenses, % of sales 4000 2022 2023 2024 3606 3458 Change in work in progress -170.9 13.4 14.4 3500 11,0% 3025 11,4 % 3,6% Production for own use -1.1 -0.7 -0.3 3000 3,8% 12,6% 2,0% Material and supplies 1,267.5
Slide 95: Dividend per share and pay-out ratio development
Dividend per share and pay-out ratio development Dividend per share, EUR and dividend/earnings ratio, % 2,00 250% 1.65 EUR Dividend per share Dividend/earnings Average Dividend/earnings Dividend for 2024 1,65 200% 1,50 1,35 79% 1,25 1,25 average dividend pay-out ratio 1,20 1,20 1,20 150% for 2005–20
Slide 96: Major shareholders and distribution of ownership
Major shareholders and distribution of ownership Ownership structure (as at Mar 31, 2024) Major shareholders (as at Mar 31, 2025) Shareholder # of shares Shares, % 1 Solidium Oy 8,793,123 11.10 2 Varma Mutual Pension Insurance Company 2,592,201 3.21 3 Gustavson Stig and family(1) 2,366,157 2.99 % of
Slide 97: 7. Latest quarterly result presentation
7. Latest quarterly result presentation
Slide 98: Q1 2025 Report
April24, 2025 Q1 2025 Report Anders Svensson, Presidentand CEO Teo Ottola, CFO
Slide 99: Important Notice
Important Notice The following applies to this presentation, the oral presentation of the information in this presentation by Konecranes Abp (the “Company” or “Konecranes”) or any person on behalf of the Company, and any question-and-answer session that follows the oral presentation (collectively, t
Slide 100: Agenda
Agenda Anders Svensson 1. Quarter’s highlights p. 4 President and CEO 2. Market environment p. 5 3. Group financial performance p. 7 4. Demand outlook & financial guidance p. 11 Teo Ottola 5. Group profitability bridge p. 14 CFO 6. Business Areas p. 15 7. Net working capital & free cash flow p. 18 8
Slide 101: Q1 2025 – Good start to the year
Q1 2025 –Goodstartto the year Order intake Net sales (MEUR) (MEUR) Demand environment remained good in Q1 +17% +8% • Orders +15.9% Y/Y (comp. FX) 1,062 984 909 913 • Y/Y order intake growth in all three Business Areas • Sales €984 million, +6.9% Y/Y (comp. FX) Q1/24 Q1/25 Q1/24 Q1/25 Q1 comparable E
Slide 102: Market environment – Service and Industrial Equipment
Market environment – Service and Industrial Equipment EU capacity utilization rate, % US capacity utilization rate, % Manufacturing PMIs – Brazil, India & China 75 90 European Union (27 countries) 90 Total industry Manufacturing Brazil India China 70 85 85 65 80 80 77.8 60 75 77.3 75 77.2 55 50 70 7
Slide 103: Market environment – Port Solutions
Market environment – Port Solutions RWI/ISL Container Throughput Index (2015 = 100) Monthly index change Y/Y, % 160 20 140 135.1 15 120 10 100 5 80 +6% Y/Y 0 2/2025 60 -5 40 -10 20 -15 0 -20 2/15 2/16 2/17 2/18 2/19 2/20 2/21 2/22 2/23 2/24 2/25 2/15 2/16 2/17 2/18 2/19 2/20 2/21 2/22 2/23 2/24 2/25
Slide 104: Group order intake and net sales
Group order intake and net sales Order intake, MEUR(1) Order intake 1500 1290 +16.8% +15.9% 1062 Y/Y reported Y/Y comp. FX 1000 909 • EUR 1,062.2 million • Increase in all Business Areas 500 • Increase in EMEA and the Americas, decrease in APAC 0 Q1/23 Q2/23 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 Q1/25
Slide 105: Group order book
Group order book Order book, MEUR Service Industrial Equipment Port Solutions Order book 4500 -3.4% -3.5% Y/Y reported Y/Y comp. FX 3750 • EUR 2,941.8 million 3281 3046 • Decrease in Port Solutions and Industrial 2942 Service, approximately flat in Industrial 3000 Equipment • Orderbook remains on a
Slide 106: Group comparable EBITA
Group comparable EBITA Comparable EBITA, MEUR & margin-% Comp. EBITA C. EBITA-% R12M c. EBITA-% Comparable EBITA 175 11.1% -0.1 pp margin Y/Y 13.0% 150 11.5% 11.1% • EUR 109.0 million 10.6% • Comparable EBITA-% increase in 125 11.1% 109 Industrial Service and Port Solutions, 10.3% 102 decrease in In
Slide 107: Progress towards Konecranes' financial targets
Progress towards Konecranes’ financial targets Group Industrial Service Industrial Equipment Port Solutions Target: 12-15%(1) Target: 20-24%(1) Target: 8-10%(1) Target: 9-11%(1) 21.0 21.1 19.9 18.5 18.6 17.2 13.1 13.0 11.4 9.8 9.5 9.3 9.6 9.0 8.6 8.2 7.0 7.4 7.5 6.3 5.6 3.5 2.3 2.7 2020 2021 2022 20
Slide 108: Demand outlook
Demand outlook Within industrial customer segments: Within port customers: Global container throughput continues on a high level, and long-term prospects related Americas EMEA Asia-Pacific to global container handling remain good overall. Our demand environment within industrial customer segments ha
Slide 109: Financial guidance for 2025
Financial guidance for 2025 Net sales expected to remain approximately on the same level in 2025 compared to 2024. Comparable EBITA margin expected to remain approximately on the same level or to improve in 2025 compared to 2024. 109
Slide 110: Agenda
Agenda Anders Svensson 1. Quarter’s highlights p. 4 President and CEO 2. Market environment p. 5 3. Group financial performance p. 7 4. Demand outlook & financial guidance p. 11 Teo Ottola 5. Group profitability bridge p. 14 CFO 6. Business Areas p. 15 7. Net working capital & free cash flow p. 18 8
Slide 111: Q1 2025 comparable EBITA bridge
Q1 2025 comparable EBITA bridge MEUR(1) 250 200 150 37 -25 -7 2 109 102 100 11.1% 11.1% 50 Comparable EBITA Comparable EBITA margin margin 0 Comparable EBITA Volume, Variable Fixed FX translation Comparable EBITA Q1 2024 pricing & mix costs costs impact Q1 2025 Note (1): Volume, pricing & mix, Varia
Slide 112: Industrial Service
Industrial Service Order intake and net sales, MEUR(1) • Increase in field service and parts Orders received Net sales Order intake 600 • Increase in the Americas and EMEA, +5.2% decrease in APAC 409 Y/Y reported 379 354 388 367 380 Agreement base: 400 +4.2% • EUR 340.3 million , +4.4% Y/Y Y/Y comp.
Slide 113: Industrial Equipment
Industrial Equipment Order intake and net sales, MEUR(1) • External orders +13.5% Y/Y comp. FX Orders received Net sales Order intake • Increase in standard cranes and process 600 +14.4% cranes, decrease in components 441 Y/Y reported 358 • Increase in EMEA and in the Americas, 400 308 313 283 294 +
Slide 114: Port Solutions
Port Solutions Order intake and net sales, MEUR(1) Orders received Net sales Order intake • Increase in the Americas and EMEA, decrease in APAC 600 513 +38.2% Y/Y reported • Good order intake in Mobile Harbor Cranes, Rubber-Tired Gantry Cranes, 400 300 343 351 +37.5% Automated Guided Vehicles and Po
Slide 115: Net working capital and free cash flow
Net working capital and free cash flow Net working capital, MEUR and percentage of sales (1)(2) Free cash flow, MEUR NWC % of R12M sales FCF R12M FCF 800 800 700 700 600 600 12.2% 500 500 437 9.4% 444 437 8.7% 400 374 372 400 300 300 200 200 138 100 100 116 59 49 0 0 Q1/23 Q2/23 Q3/23 Q4/23 Q1/24 Q2
Slide 116: Gearing and return on capital employed
Gearing and return on capital employed Equity & net debt, MEUR and gearing, % Capital employed, MEUR and comp. return on capital employed, % 2000 Equity Net debt Gearing-% Capital employed Comp. ROCE-% 1771 4000 1750 22.3% 1538 3500 1500 18.9% 1387 3000 16.1% 42.3% 1250 2514 2499 2500 2346 1000 21.8
Slide 117: Konecranes' exposure to US tariffs
Konecranes’ exposureto US tariffs Annual volume: Actions taken: Industrial Service <€50m • Price increases Industrial Equipment ~€100m applied to all parts Port Services ~€30m imported from Europe • Price increases also Annual volume applied to light lifting Annual volume equipment and Industrial Eq
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Slide 119: Appendix
@ 2023 Konecranes. All rights reserved. 'Konecranes', 'Moves what matters' and 119 are either registered trademarks or trademarks of Konecranes Global Corporation. Appendix PUBLIC
Slide 120: Group R12M sales split
Group R12M sales split Group R12M sales by Business Area Group R12M sales by offering type(1) Group R12M sales by region 36% 42 % 13 % 47 % 35% APAC EMEA Port Solutions Service Total service 1588 MEUR 1874 MEUR 579 MEUR 2013 MEUR 1573 MEUR % % % % of of R12M R12M of R12M of R12M sales sales sales sa
Slide 121: Service agreement base and order book by Business Area
Service agreement base and order book by Business Area Service agr. base & order book, MEUR Industrial Equipment order book, MEUR Port Solutions order book, MEUR 1000 Order book Agreement base 1600 2000 1834 1648 1552 750 1200 1500 986 932 940 466 462 450 500 800 1000 340 326 311 250 400 500 0 0 0 Q
Slide 122: Group key figures 1/2
Group key figures 1/2 EUR million 1-3/ 1-3/ Change % Change % 1-12/ 2025 2024 Comp. FX 2024 Orders received, MEUR 1,062.2 909.1 16.8 15.9 3,999.6 Order book at end of period, MEUR 2,941.8 3,046.4 2,888.4 Sales total, MEUR 983.7 913.1 7.7 6.9 4,227.0 Comparable EBITDA, MEUR 136.1 124.4 9.4 641.7 Comp
Slide 123: Group key figures 2/2
Group key figures 2/2 Change EUR million 1-3/ 1-3/ 1-12/ % 2025 2024 2024 ROCE, %, (R12M) 22.1 17.6 25.6 20.3 Return on equity, %, (R12M) 23.1 19.3 19.7 21.3 Equity per share (EUR) 22.36 19.41 15.2 23.45 Net debt / Comparable EBITDA, (R12M) 0.2 0.6 -66.7 0.3 Equity to asset ratio, % 44.4 39.5 12.4 4
Slide 124: Key figures by Business Area
Key figures by Business Area EUR million 1-3/ 1-3/ Change % Change % 1-12/ 2025 2024 Comp. FX 2024 Industrial Service Orders received, MEUR 408.7 388.5 5.2 4.2 1,559.0 Agreement base value, MEUR 340.3 326.0 4.4 4.9 342.5 Sales, MEUR 380.4 367.2 3.6 2.5 1,574.7 Comparable EBITA, MEUR 76.6 72.9 5.1 33
Slide 125: Statement of income
Statement of income EUR million 1-3/ 1-3/ Change % 1-12/ 2025 2024 2024 Sales 983.7 913.1 7.7 4,227.0 Other operating income 2.4 4.6 10.5 Materials, supplies and subcontracting -398.6 -359.8 -1,878.2 Personnel cost -337.2 -328.0 -1,264.0 Depreciation and impairments -35.7 -30.3 -120.5 Other operatin
Slide 126: Balance sheet
Balance sheet EUR million 31 Mar 31 Mar EUR million 31 Mar 31 Mar 2025 2024 2025 2024 Non-current assets 2,049.7 1,998.7 Total Equity 1,771.0 1,537.7 Goodwill 1,053.2 1,040.1 Non-current liabilities 882.2 1,111.3 Intangible assets 441.6 454.7 Interest-bearing liabilities 478.3 731.0 Property, plant
Slide 127: Cash flow statement
Cash flow statement EUR million 1-3/ 1-3/ 1-12/ 2025 2024 2024 Operating income before change in net working capital 117.2 113.8 631.4 Change in net working capital -18.8 -18.4 -5.3 Cash flow from operations before financing items and taxes 98.4 95.4 626.1 Financing items and taxes -30.4 -33.7 -134.
Slide 128: Thank you
Thank you are either registered trademarks or trademarks of Konecranes Global Corporation. @ 2023 Konecranes. All rights reserved. 'Konecranes', 'Moves what matters' and Contact information Kiira Fröberg Vice President, Investor Relations Email: kiira.froberg@konecranes.com, tel: +358 20 427 2050 Ru