Cargotec Corporation (0MGH) Q4 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.824 -- 00:00:05.010 Welcome to HIEB's full year 2025 results call. 00:00:05.010 -- 00:00:09.474 My name is Aki Vesikallia. I'm from Investor Relations. 00:00:09.477 -- 00:00:14.484 Today's results will be presented by CEO Scott Phillips and CFO Mikko 00:00:14.484 -- 00:00:16.166 Puolakko. 00:00:16.166 -- 00:00:20.492 As a reminder, please pay attention to the disclaimer in the presentation as we will 00:00:20.492 -- 00:00:23.814 be making forward-looking statements. 00:00:24.378 -- 00:00:29.285 Before handing over to Scott and Mikko, let's take a quick look at the highlights of 00:00:29.285 -- 00:00:34.653 the year. Market environment was characterized by increased trade tensions 00:00:34.653 -- 00:00:39.981 and uncertainties, and our orders received remained at past two years level. 00:00:39.981 -- 00:00:45.049 Sales declined by 6%, but we increased our comparable operating profit margin 00:00:45.049 -- 00:00:49.133 and achieved a new record of 13.7%. 00:00:50.077 -- 00:00:54.324 Also, our services business had a record year. 00:00:54.324 -- 00:00:59.478 Strong gas generation continued, and we acquired ING Cranes, 00:00:59.478 -- 00:01:04.301 significantly expanding our presence in Brazil. 00:01:04.364 -- 00:01:07.846 Let's then view today's agenda. 00:01:08.629 -- 00:01:13.294 First, Scott will present the group-level topics and strategic development. 00:01:13.294 -- 00:01:19.902 Mikko will go through the reporting segments, financials in more detail, and the outlook. 00:01:19.902 -- 00:01:25.621 After Mikko, Scott will join the stage for key takeaways before the Q&A session. 00:01:25.621 -- 00:01:30.765 With that, over to you, Scott. Thank you, Aki. 00:01:35.232 -- 00:01:38.593 And good morning, everyone, from my side. 00:01:38.676 -- 00:01:43.942 ...