Konecranes Plc Ord (KNCRF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, all, and welcome to follow Conecranes' Q4 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 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. As per usual, we will first start with presentations, both from our CEO and CFO, and after that, we will start the Q&A session. We are happy to answer your questions through the conference call lines. But now, without any further comments, I would like to hand over to our CEO. Thank you, Linda, and good afternoon from cold but very sunny Helsinki. I'd like to start with some general statements. It was a really very strong year for Konecranes and I'm very, very proud of our team and very proud to be part of the Konecranes team, particularly in a year like 2025. Konecranes has a very sound business model. We've been executing our strategy and that, of course, in this sort of environment has really improved resilience in our results. There was a very uncertain environment last year. We focused on executing our strategy and focused on the most important things. The year started on uncertain terms, but we acted fast and early, whether it's on pricing, focus on execution, or tight cost control. Towards the second half of the year, the market environment stabilized and particularly in the delivery side it was feasible, and that helped us to finish the year strong. And now when we look at towards 2026, we have a good order book in place, the structure is solid, and our strategy for 2026 has a very good roadmap in place. So I'm really confident for year 2026. So now let's look at how the year turned out. And then also ho...