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Konecranes announces a “refreshed purpose” during its Capital Markets Day

Konecranes is announcing a “refreshed purpose, ambition and financial targets for the coming years” as it holds its Capital Markets Day today, May 10.

“The world is facing an increasingly acute challenge to provide materials and goods that are essential for people while preserving scarce resources and limiting emissions. Businesses have a central role to play in solving this massive challenge, and as an industry leader Konecranes is perfectly placed to do that,” said Konecranes President and CEO Anders Svensson.

Some of the aims for Svensson include a company profitability with a comparable EBITA margin of 12-15 per cent “as soon as possible, but no later than in 2027 (2022 9.5 per cent).”

“We aim to become the world leader in material handling solutions creating value for everyone, and today we are announcing ambitious financial and performance targets that will guide us to success. Our ambition is underpinned by the purpose that drives us as a company: to shape next generation material handling for a smarter, safer and better world.” added Svensson.

Konecranes remains committed to driving the material handling industry towards a more sustainable future will remain at the core of how it operates, as the company aims to have carbon neutral own operations by 2030 creating carbon-neutral supply chains.

“I look forward to sharing more of our thinking on all these topics at our Capital Markets Day, and in the days and weeks to come with employees, customers, investors and other stakeholders. Today marks the start of Konecranes’ next steps as a company, and with our passionate people, unmatched portfolio and sharpened customer focus we have all the ingredients to succeed,” Svensson said.