Konecranes Plc Ord (KNCRF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello all and welcome to follow Conecranes Q2 2026 results webcast. My name is Linda Hakkila. I'm the VP Investor Relations here at Conecranes. And today with me as our main speakers, we have our CEO Marko Tulokas and our CFO Teo Ottola. Before we continue, I would like to remind you about the disclaimer as we might be making forward looking statements. As per usual, we will first start with a presentation from our CEO, after that our CFO, and then we are happy to answer your questions in the Q&A session. But now, without any further comments, I would like to hand over to our CEO. Thank you very much, Linda, and good afternoon from my behalf also. I'd like to start with some key topics of the quarter and start with commenting the customer activity and I'm happy to say that we had a continued very strong and good customer activity throughout the quarter that despite the continued geopolitical uncertainty which has resulted some apprehension with customers and the timing of the orders as well as some volatility in supply chain. Regardless of that uncertainty and apprehension, we had good demand, particularly in the ports business segment, as well as in defense, power, and aviation in the industrial side, to name a few. And because of that, our quarter two orders actually were very strong, and that resulted also in the highest order book that we have had in three years. This, of course, is a very good quarter two for us. Now the uncertainty in the environment reflected maybe more on the sales and the delivery side, but our volumes were remaining on the previous year level or actually slightly below. And that is mainly due to the expected timing of the ports order book. Our ability to execute and apply cost control resulted in a solid result, particularly in such a volum...