Konecranes Oyj · OMXHEX:KCR

Konecranes Oyj — Konecranes Plc Ord — Q3 2025 Earnings Presentation

33 slides from Konecranes Oyj's earnings presentation, Oct 23, 2025

  1. Slide 1: Record-high comparable EBITA margin and excellent order intake

    October 23, 2025 Record-high comparable EBITA margin and excellent order intake Q3 2025 results Marko Tulokas, President & CEO Teo Ottola, CFO © 2025

  2. Slide 2: Important Notice

    Important Notice The following applies to this presentation, the oral presentation of the information in this presentation by Konecranes Oyj (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

  3. Slide 3: Presenters and agenda

    Presenters and agenda Market update and group Business Area performance Questions & Answers performance and balance sheet Marko Tulokas Teo Ottola President & CEO CFO 3 PUBLIC

  4. Slide 4: Significantly increased order intake and record-high comparable EBITA margin

    Significantly increased order intake and record-high comparable EBITA margin Order intake Net sales (MEUR) (MEUR) Demand environment continued on a healthy level +20% -8% • Orders +22.9% Y/Y (comp. FX) 1,149 1,070 956 989 Decrease in net sales mainly driven by Port Solutions lower order book for the

  5. Slide 5: Market environment – Industrial Service and Industrial Equipment

    Market environment – Industrial Service and Industrial Equipment EU capacity utilization rate, % US capacity utilization rate, % Manufacturing PMIs 90 90 European Union Brazil India 90 Total industry Manufacturing 85 China 50-mark Eurozone USA 80 85 85 75 80 80 70 77.4 77.9 65 75 75 76.7 60 70 70 55

  6. Slide 6: Market environment – Port Solutions

    Market environment – Port Solutions RWI/ISL Container Throughput Index (2015 = 100) Monthly index change Y/Y, % 160 20 138.3 140 15 120 10 100 5 80 +3% 0 Y/Y 60 8/2025 -5 40 -10 20 -15 0 -20 8/15 8/16 8/17 8/18 8/19 8/20 8/21 8/22 8/23 8/24 8/25 8/15 8/16 8/17 8/18 8/19 8/20 8/21 8/22 8/23 8/24 8/25

  7. Slide 7: Growth in group order intake and a decrease in net sales

    Growth in group order intake and a decrease in net sales Order intake, EUR million Order intake 1,500 +20.1% +22.9% 1,149 Y/Y reported Y/Y comp. FX 956 1,000 853 • Increase in all Business Areas 500 • Increase in the Americas and APAC, decrease in EMEA 0 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 Q1/25 Q2/

  8. Slide 8: Group order book reached its highest level since Q1 2024

    Group order book reached its highest level since Q1 2024 Order book, EUR million Industrial Service Industrial Equipment Port Solutions Order book 4,500 +7.4% +9.2% Y/Y reported Y/Y comp. FX 3,750 3,282 • EUR 3,057 million 3,057 3,000 2,847 • Increase in Industrial Equipment and Port Solutions, but

  9. Slide 9: Record-high comparable EBITA margin

    Record-high comparable EBITA margin Comparable EBITA, EUR million and % Comparable EBITA margin EBITA EBITA-% R12M EBITA-% 16.7% 3.3 pp Y/Y change 300 16.7 % • Increase in all Business Areas 13.4 % • Gross margin increased year-on-year 12.3 % in all Business Areas 200 13.8 % 12.6 % 165 • EBITA margi

  10. Slide 10: Solid progress towards our profitability targets

    Solid progress towards our profitability targets Group Industrial Service Industrial Equipment Port Solutions Target: 13-16%(1) Target: 21-25%(1) Target: 8-11%(1) Target: 9-11%(1) 21.5 21.0 19.9 18.5 18.6 17.2 13.1 13.8 11.4 9.8 10.6 9.5 9.0 8.8 9.3 8.2 7.0 7.4 7.5 5.6 6.3 3.5 2.3 2.7 2020 2021 2022

  11. Slide 11: Strong performance and record-high cash flow

    Strong performance and record-high cash flow Teo Ottola, CFO PUBLIC

  12. Slide 12: Improvement in comparable EBITA margin driven by good execution and one-off items

    Improvement in comparable EBITA margin driven by good execution and one-off items EUR million 250 200 10 4 -3 165 10 143 150 100 16.7% 13.4% Comparable EBITA Comparable EBITA margin 50 margin 0 Comparable EBITA Volume, Variable Fixed FX translation Comparable EBITA Q3 2024 pricing & mix costs costs

  13. Slide 13: Industrial Service – comparable EBITA margin improved and agreement base continued to grow

    Industrial Service – comparable EBITA margin improved and agreement base continued to grow Order intake and net sales, EUR million Order intake Order intake Net sales +4.8% Y/Y reported +8.7% Y/Y comp. FX 600 • Increase in parts and decrease in field service 360369 372 392 390383 • Supported by larg

  14. Slide 14: Industrial Equipment – exceptionally strong performance, all-time high comparable EBITA margin

    Industrial Equipment – exceptionally strong performance resulted in an all-time high comparable EBITA margin Order intake and net sales, EUR million Order intake Order intake Net sales +20.6% Y/Y reported +24.2% Y/Y comp. FX 600 • External orders +26.1% Y/Y comp. FX • Increase in process cranes and

  15. Slide 15: Port Solutions – improved comparable EBITA margin despite lower volumes

    Port Solutions – improved comparable EBITA margin despite lower volumes Order intake and net sales, EUR million Order intake Order intake Net sales +35.8% Y/Y reported +35.9% Y/Y comp. FX 600 453 • Increase in the Americas and APAC, decrease in EMEA 375 401 400 334 326 • Customer activity especially

  16. Slide 16: Efficient net working capital management and record strong free cash flow

    Efficient net working capital management and record strong free cash flow Net working capital, EUR million, % of R12 sales Free cash flow, EUR million NWC % of R12M sales R12M FCF FCF 800 600 561 700 500 600 10.6 % 435 424 9.6 % 400 500 406 400 6.7 % 400 300 285 214 300 187 200 200 115 100 100 0 0 Q

  17. Slide 17: Negative net debt and gearing at the end of Q3 2025

    Negative net debt and gearing at the end of Q3 2025 Net debt, EUR million Capital employed, EUR million Gearing, % Comparable return on capital employed, % Net debt Gearing-% Capital employed Comp. ROCE-% 600 4,000 21.7% 518 20.4% 500 3,500 34.3 % 17.5% 3,000 400 2,691 2,683 2,470 2,500 300 267 2,00

  18. Slide 18: Konecranes is well positioned, but remains impacted by the US tariffs

    Konecranes is well positioned, but remains impacted by the US tariffs Current US tariffs impacting Konecranes Konecranes’ exposure Section 232 tariffs, 50 % for steel, copper and aluminum Internal annual volume from Europe to the United States • Tariff to be paid is based on the raw material content

  19. Slide 19: Building on our strong foundation

    Building on our strong foundation Marko Tulokas, President & CEO

  20. Slide 20: 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

  21. Slide 21: 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. 21

  22. Slide 22: We aim to further leverage our strengths to drive long-term profitable growth

    We aim to further leverage our strengths to drive long-term profitable growth Broad customer Lifecycle Technology access approach leadership 22 PUBLIC

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  24. Slide 24: Appendix

    @ 2023 Konecranes. All rights reserved. 'Konecranes', 'Moves what matters' and 24 are either registered trademarks or trademarks of Konecranes Global Corporation. Appendix PUBLIC

  25. Slide 25: 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 35% 36% 43% 13% 49% Port Solutions Service Total service APAC EMEA 1,558 MEUR 1,569 MEUR 1,874 MEUR 540 MEUR 2,077 MEUR % % % of R12M of R12M of R12M sales sales sales 57% 38% 29%

  26. Slide 26: Service agreement base and order book by Business Area

    Service agreement base and order book by Business Area Industrial Service agr. base & order book, MEUR Industrial Equipment order book, MEUR Port Solutions order book, MEUR 1,000 Order book Agreement base 1,600 2,000 1,833 1,695 1,537 750 1,200 1,500 972 930 867 477 444 500 800 1,000 432 335 329 321

  27. Slide 27: Group key figures 1/2

    Group key figures 1/2 EUR million 7-9/ 7-9/ Change % Change % 1-9/ 1-9/ Change % Change % 1-12/ 2025 2024 Comp. FX 2025 2024 Comp. FX 2024 Orders received, MEUR 1,148.6 956.2 20.1 22.9 3,307.6 2,833.0 16.8 18.2 3,999.6 Order book at end of period, MEUR 3,057.4 2,847.4 7.4 2,888.4 Sales total, MEUR 9

  28. Slide 28: Group key figures 2/2

    Group key figures 2/2 EUR million 1-9/ 1-9/ Change % 1-12/ 2025 2024 2024 ROCE, %, (R12M) 20.4 20.3 0.5 20.3 Return on equity, %, (R12M) 20.9 22.0 -4.8 21.3 Equity per share (EUR) 24.64 21.90 12.5 23.45 Net debt / Comparable EBITDA, (R12M) 0.0 0.4 -111.4 0.3 Equity to asset ratio, % 47.9 43.1 11.2 4

  29. Slide 29: Key figures by Business Area

    Key figures by Business Area EUR million 7-9/ 7-9/ Change % Change % 1-9/ 1-9/ Change % Change % 1-12/ 2025 2024 Comp. FX 2025 2024 Comp. FX 2024 Service Orders received, MEUR 390.3 372.4 4.8 8.7 1,180.0 1,167.3 1.1 3.1 1,559.0 Agreement base value, MEUR 334.6 328.9 1.7 5.2 342.5 Sales, MEUR 383.1 3

  30. Slide 30: Statement of income

    Statement of income EUR million 7-9/ 7-9/ Change % 1-9/ 1-9/ Change % 1-12/ 2025 2024 2025 2024 2024 Sales 988.7 1,069.9 -7.6 3,024.8 3,014.5 0.3 4,227.0 Other operating income 2.2 1.2 6.8 8.9 10.5 Materials, supplies and subcontracting -396.6 -488.7 -1,250.5 -1,285.3 -1,878.2 Personnel cost -302.1

  31. Slide 31: Balance sheet

    Balance sheet EUR million 30 Sep 30 Sep EUR million 30 Sep 30 Sep 2025 2024 2025 2024 Non-current assets 2,003.5 1,978.5 Total Equity 1,951.7 1,734.7 Goodwill 1,041.0 1,039.4 Non-current liabilities 969.6 811.0 Intangible assets 426.0 442.6 Interest-bearing liabilities 565.5 429.4 Property, plant an

  32. Slide 32: Cash flow statement

    Cash flow statement EUR million 1-9/ 1-9/ 1-12/ 2025 2024 2024 Operating income before change in net working capital 476.3 452.3 631.4 Change in net working capital 49.1 -50.1 -5.3 Cash flow from operations before financing items and taxes 525.4 402.2 626.1 Financing items and taxes -95.4 -109.3 -13

  33. Slide 33: 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 Linda Häkkilä Vice President, Investor Relations Email: linda.hakkila@konecranes.com, tel: +358 (0) 20 427 205

Konecranes Plc Ord — Q3 2025 Earnings Presentation on 6ix