Konecranes Plc Ord (KNCRF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello all, and welcome to follow Conecranes' Q2 2025 results webcast. My name is Linda Häkkilä, and I'm the new VP Investor Relations here at Conecranes. With me today as our main speakers, we have our new president and CEO, Marko Tulokas, and our CFO, Teo Ottola. Before we proceed with the presentation, I would like to remind you about the disclaimer as we might be making forward-looking statements. Here you can see our presenters and agenda for today. First, our CEO will give us an update on the market and group performance. After that, our CFO will guide us through the business area performance and balance sheet topics. After that, we are happy to start the Q&A session and answer your questions. But now, without any further comments, I would like to hand over to our CEO. Thank you, Linda. A warm welcome also on my behalf. It is my great pleasure to deliver the first quarterly report as CEO. I am particularly excited to deliver a report after such a strong quarter of continued Solis performance. As this is my first quarter as the CEO of Konecranes, I would like to say a few words about the big picture and remind you all about our growth focus strategy before I start talking about our strong performance in the second quarter. We hosted our Capital Markets Day in May and we raised our financial targets. We aim to grow our business faster than the market, defined as the nominal GDP growth, and are well positioned in the global landscape with our unique offering. We have three business areas with clear strategic agendas and a strong position in the marketplace, well placed to reach our financial targets. Firstly, we have industrial service with its continued agreement-based growth agenda and inorganic expansion strategy. Secondly, industrial equipment with its efficien...