Konecranes Oyj · OMXHEX:KCR
Konecranes Oyj — Konecranes Plc Ord — Q2 2026 Earnings Presentation
33 slides from Konecranes Oyj's earnings presentation, Jul 24, 2026
Slide 1: Strong orders in the second quarter
July 24, 2026 Strong orders in the second quarter Marko Tulokas, President & CEO Teo Ottola, CFO © 2026
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
Slide 3: Presenters and agenda
Presenters and agenda Marko Tulokas Teo Ottola President & CEO CFO Questions & Answers 3 PUBLIC
Slide 4: Key points of the quarter
Key points of the quarter • Good M&A activity – recent acquisition in Japan is a key element in expanding our geographical presence • Good activity continued within ports business and defense, power and aviation segments • Strong order intake in Q2 resulted in highest order book in three years • Del
Slide 5: Solid quarter with highest orders in three years
Solid quarter with highest orders in three years Order intake increased in all Business Areas; Sales reflected the timing of the order book Order intake Order book • Orders +13.4% Y/Y (comp. FX) 1,241 3,385 EUR million EUR million • Net sales EUR 1,019 million, -2.8% Y/Y (comp. FX) Order book improv
Slide 6: Industrial Service and Industrial Equipment: Capacity utilization level in the EU and US
Industrial Service and Industrial Equipment: Capacity utilization level in the EU and US broadly stable EU capacity utilization rate, % US manufacturing capacity utilization rate, % 90 90 85 85 80 78.0 80 75.6 75 75 70 70 65 65 60 60 55 +0.2pp 55 -0.0pp Y/Y Y/Y 50 50 Jun-16 Jun-18 Jun-20 Jun-22 Jun-
Slide 7: Industrial Service and Industrial Equipment: Manufacturing demand for industrial goods remains on a healthy level
Industrial Service and Industrial Equipment: Manufacturing demand for industrial goods remains on a healthy level Manufacturing PMIs India China Eurozone USA 75 70 65 60 54.2 55 53.9 51.7 50 51.4 45 40 35 30 25 Jun-19 Jun-20 Jun-21 Jun-22 Jun-23 Jun-24 Jun-25 Jun-26 Source: S&P Global 7
Slide 8: Port Solutions: Container throughput index continues at a high level
Port Solutions: Container throughput index continues at a high level RWI/ISL Container Throughput Index, Monthly index change Y/Y, % (2015 = 100) 160 20 141.9 140 15 120 10 100 5 80 +3% 0 Y/Y 60 -5 40 -10 20 -15 0 -20 May-18 May-20 May-22 May-24 May-26 May-18 May-20 May-22 May-24 May-26 Source: RWI/
Slide 9: Strong order intake, sales reflect order book timing
Strong order intake, sales reflect order book timing Order intake Order intake, EUR million Net sales, EUR million 1,500 1,500 +13.2% +13.4% 1,241 Y/Y reported Y/Y comp. FX 1,097 1,052 1,032 1,019 968 1,000 1,000 • Increase in all Business Areas • Increase in Americas and APAC but 500 500 decrease i
Slide 10: Clearly higher order book for H2 compared to last year
Clearly higher order book for H2 compared to last year Order book, EUR million Industrial Service Industrial Equipment Port Solutions Order book 4,000 +16.1% +15.0% 3,385 Y/Y reported Y/Y comp. FX 2,987 2,915 • EUR 3,385 million 3,000 • Order book approx. EUR 200 million higher for H2 compared to la
Slide 11: Progression with our financial targets
Progression with our financial targets Group Industrial Service Industrial Equipment Port Solutions Target: 13-16%(1) Target: 21-25%(1) Target: 8-11%(1) Target: 9-11%(1) 21.0 21.8 21.6 19.9 18.5 18.6 14.0 13.8 13.1 11.4 9.8 10.5 10.3 9.5 9.0 9.4 9.5 9.3 7.0 7.4 7.5 6.3 3.5 2.7 2021 2022 2023 2024 20
Slide 12: Solid profitability despite lower volumes
Solid profitability despite lower volumes Teo Ottola, CFO
Slide 13: Decrease in profitability mainly driven by lower volumes, higher costs offset by pricing
Decrease in profitability mainly driven by lower volumes, higher costs offset by pricing Comparable EBITA, EUR million and % Comparable EBITA, EUR million 250 300 14.3% 14.3% 12.7% 200 200 147 150 10 -23 130 150 150 -7 100 -1 130 0 100 Q2/24 Q2/25 Q2/26 Comparable EBITA Comparable EBITA margin 50 Co
Slide 14: Industrial Service – good order intake
Industrial Service – good order intake Order intake and net sales, EUR million Order intake Net sales Order intake +4.7% Y/Y reported +5.2% Y/Y comp. FX 600 406396 399 377 • Increase in parts and in field service 381 386 400 • Increase in the Americas and EMEA, decrease in APAC • Agreement base: EUR
Slide 15: Industrial Equipment – solid quarter with improved orders, net sales and profitability
Industrial Equipment – solid quarter with improved orders, net sales and profitability Order intake and net sales, EUR million Order intake Net sales Order intake 600 +17.7% Y/Y reported +18.3% Y/Y comp. FX • External orders +18.9% Y/Y comp. FX 374 400 305327 318300 324 • Increase in components and
Slide 16: Port Solutions – highest orders in three years
Port Solutions – highest orders in three years Order intake and net sales, EUR million Order intake Net sales Order intake 600 509 +17.0% Y/Y reported +16.9% Y/Y comp. FX 436408 400 348 355 • Increase in the Americas, but decrease in EMEA and APAC 308 • Two large orders received in Q2 2026 200 • Cus
Slide 17: Increase in net working capital due to higher inventories
Increase in net working capital due to higher inventories Net working capital, EUR million and % of R12M sales Free cash flow, EUR million NWC % of R12M net sales Target, % R12M FCF FCF 1000 600 534 500 11.2% 750 10.6% NWC/R12M net sales target: <10% 400 367 352 8.2% 300 500 458 431 354 200 118 250
Slide 18: Net debt impacted by dividend payment
Net debt impacted by EUR 178 million dividend payment Earnings per share (basic), EUR Net debt, EUR million Gearing, % EPS, basic R12M EPS, basic 2.0 1.61 1.61 1.37 500 1.5 438 Net debt Gearing-% 1.0 400 26.8% 0.42 0.42 0.38 0.5 300 0.0 200 166 Q2/24 Q2/25 Q2/26 R12M Comparable return on capital emp
Slide 19: Outlook for 2026
Outlook for 2026 Marko Tulokas, President & CEO
Slide 20: Demand outlook
Demand outlook Within the industrial customers segment, we expect our demand environment to remain on a healthy level. For our port customers, container throughput continues to be on a high level, and the long-term prospects for container handling remain good. However, uncertainty related to geopoli
Slide 21: Financial guidance
Financial guidance Net sales expected to remain approximately on the same level or to increase in 2026 compared to 2025. Comparable EBITA margin expected to remain approximately on the same level in 2026 compared to 2025. 21
Slide 22: Capital Markets Update in connection with Q3 results on October 23, 2026
Capital Markets Update in connection with Q3 results on October 23, 2026 22
Slide 23: SS — a |
SS — a |
Slide 24: Appendix
@ 2023 Konecranes. All rights reserved. 'Konecranes', 'Moves what matters' and are 24 either registered trademarks or trademarks of Konecranes Global Corporation. Appendix PUBLIC
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 33% 36% 43% 50% Port Solutions Industrial Service 12% EMEA Total service 1,423 MEUR 1,539 MEUR APAC 2,059 MEUR 1,831 MEUR 480 MEUR % % % of R12M of R12M of R12M sales sales sales
Slide 26: Industrial Service agreement base and order book by Business Area
Industrial 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 2,000 Order book Agreement base 2,000 2,000 1,835 1,604 1,575 1,500 1,500 1,500 1,083 1,000 1,000 912 913 1,000 467
Slide 27: We create value for our broad customer base through circular services, and electrified and hybrid equipment offering
We create value for our broad customer base through circular services, and electrified and hybrid equipment offering Group BA Industrial Equipment BA Port Solutions Circular Services Fully electrified equipment Fully electrified and hybrid equipment 41% 100% 67% Share of Share of Share of 2026 YTD 2
Slide 28: Group key figures
Group key figures EUR million (unless otherwise stated) 4-6/2026 4-6/2025 Change % 1-6/2026 1-6/2025 Change % R12M 1-12/2025 Order intake 1,241.0 1,096.8 13.2 2,307.0 2,159.0 6.9 4,537.3 4,389.3 Order book at end of period 3,384.5 2,914.8 16.1 2,988.4 Net sales total 1,019.5 1,052.4 -3.1 1,927.4 2,0
Slide 29: Key figures by Business Areas
Key figures by Business Areas EUR million (unless otherwise stated) Change % Change % Industrial Service 4-6/2026 4-6/2025 Change % 1-6/2026 1-6/2025 Change % 1-12/2025 Comp. FX Comp. FX Order intake 399.1 381.0 4.7 5.2 791.7 789.7 0.3 3.0 1,561.1 Agreement base value 351.5 331.3 6.1 4.2 351.5 331.3
Slide 30: Statement of income
Statement of income 4-6/ 4-6/ 1-6/ 1-6/ 1-12/ EUR million Change % Change % 2026 2025 2026 2025 2025 Net sales 1,019.5 1,052.4 -3.1 1,927.4 2,036.1 -5.3 4,187.8 Other operating income 0.8 2.1 3.5 4.5 9.0 Materials, supplies and -422.9 -455.3 -755.7 -853.9 -1,795.1 subcontracting Personnel cost -325.
Slide 31: Balance sheet
Balance sheet EUR million 30.6.2026 30.6.2025 EUR million 30.6.2026 30.6.2025 Non-current assets 1,970.9 2,014.2 Total Equity 2,027.7 1,843.1 Goodwill 1,044.3 1,041.9 Non-current liabilities 667.4 1,030.6 Intangible assets 399.2 435.0 Interest-bearing liabilities 296.6 618.4 Property, plant and equi
Slide 32: Cash flow statement
Cash flow statement 1-6/ 1-6/ 1-12/ EUR million 2026 2025 2025 Operating income before change in net working capital 237.1 284.2 663.5 Change in net working capital -138.6 -26.2 50.1 Net cash flows from operating activities before financing items and taxes 98.4 258.0 713.6 Financing items and taxes
Slide 33: Thank you
Thank you either registered trademarks or trademarks of Konecranes Global Corporation. @ 2023 Konecranes. All rights reserved. 'Konecranes', 'Moves what matters' and are Contact information Linda Häkkilä Vice President, Investor Relations Email: linda.hakkila@konecranes.com, tel: +358 (0) 20 427 205