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Konecranes lowers full-year 2022 financial guidance
July 13, 2022 By Don Horne
Although demand environment has remained good, global component and material availability and other supply chain issues as well as COVID-19 related challenges have continued to impact Konecranes’ delivery capability in the second quarter.
These issues are expected to continue, and as a result, Konecranes lowers full-year 2022 guidance.
The updated financial guidance for 2022:
Konecranes expects net sales to remain on the same level or to increase in full-year 2022 compared to 2021. The company expects the adjusted EBITA margin to remain on the same level or to decrease in full-year 2022 compared to 2021.
The previous financial guidance for 2022:
Konecranes expects net sales to increase in full-year 2022 compared to 2021. Konecranes expects the full-year 2022 adjusted EBITA margin to improve from 2021.
In 2021, Konecranes net sales totalled 3,185.7 million euros and adjusted EBITA margin was 9.8 per cent.
Konecranes will report its Half-year Financial Report January-June 2022 on July 27.
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