Konecranes Plc Ord (KNCRF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello all and welcome to follow Conecranes Q3 2025 results webcast. My name is Linda Häkkilä. I'm the VP investor relations here at Conecranes. And with me today as our main speakers, we have our president and CEO, Marko Tulokas and our CFO, Teo Ottola. Before we proceed, I would like to remind you about the disclaimer, as we might be making forward looking statements. Here you can see our agenda for today. We will first start with a presentation from our CEO and he will give us a market update and guide us through the group performance. After that, our CFO, Teo Ottola, will guide us through the business area performance and talk about the balance sheet topics. Before we start with the Q&As, our CEO will still summarize the main points of the quarter. But now, without any further comments, I would like to hand over to our CEO. Thank you very much, Linda. I'd like to start by saying that I'm extremely pleased with our performance in quarter three and throughout the year 2025. ConnectGrain's team delivered a very strong quarter in continuation to our solid half year performance under the prevailing market conditions. This is an excellent achievement. This is With this kind of market uncertainty, an order intake growth of 23% year on year is a very good start for the quarter three or is a very good quarter three. Our demand environment has remained stable despite the market uncertainty and our sales teams have been able to close well despite the timing related hesitation. Our orders are up now by 23% year on year in comparable currencies, and our order increased more than 7%, order book increase, sorry. The order intake increased in all business areas. Our sales amounted to nearly 1 billion euros in the third quarter. This means a decrease of 5.5% year on year in compar...