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Press Releases

Date Title and Summary Additional Formats
Toggle Summary Cavotec wins additional automated mooring and vessel e-charging orders worth EUR 6.5M
Cavotec is to supply automated vacuum mooring systems for ports in Australia and New Zealand, and automated e-charging systems for the world’s first fleet of zero-emission, autonomous battery powered ships in Norway. Automated mooring will maximize operational availability, reduce infrastructure
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Toggle Summary Cavotec SA - Interim report January - September 2020
Positive EBIT and cash flow on  lower revenues  JULY–SEPTEMBER 2020   Revenue decreased -22.5% to EUR 37.5 million (48.4). Ports & maritime decreased -21.9% and Airports & Industry decreased -22.9%  EBIT decreased to EUR 0.7 million (3.1), corresponding to a margin of 2.0% (6.4%)  Net result for
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Toggle Summary Cavotec launches next generation Moormaster™, first delivery for world’s first fully autonomous, zero-emission ships
Shipping companies and ports worldwide can now make every minute matter, significantly reducing fuel consumption and increasing port productivity, with simpler and faster implementation of Cavotec’s next generation automated vacuum mooring solution.  Cavotec, the world’s leading manufacturer of
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Toggle Summary Cavotec to open new innovation center focusing on profitable sustainability solutions for maritime customers
Cavotec, the world’s leading manufacturer of connection and electrification solutions for ports, airports and a wide variety of industrial applications, will open a new innovation center in the Netherlands at the beginning of 2021. Focusing primarily on the maritime sector, the new center will be
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Toggle Summary Cavotec’s Nomination Committee ahead of Annual General Meeting 2021
The Nomination Committee of Cavotec SA (“Cavotec”) consists of members appointed by Cavotec’s Board of Directors, in accordance with Cavotec's Internal Regulations. However, the composition of the members of the Nomination Committee presented below is in line with the recommendations of the
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Toggle Summary Cavotec e-truck charging wins major award
An innovative high-power e-truck charging solution, developed by Cavotec in partnership with the  Port of Long Beach  (POLB) and  International Transportation Service  (ITS), has won the American Association of Port Authorities (AAPA) 2020  Facilities Engineering Award .  The  POLB Smart e-Truck
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Toggle Summary Invitation to Investor Information Meeting
Cavotec SA hereby invites you to participate in an investor information meeting in Stockholm. CEO Mikael Norin and CFO Glenn Withers, together with select members of the Executive Management Team, will give an update on the company’s execution during the Corona pandemic and on future strategy and
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Toggle Summary Cavotec SA - Interim report January - June 2020
Resilient profitability and cashflow despite lower revenue APRIL–JUNE 2020   Revenues decreased -18.2% to EUR 42.0 million (51.4). Ports & maritime decreased -2.8%, Airports & Industry decreased -28.4%  EBIT increased to EUR 2.8 million (2.5), corresponding to a margin of 6.6% (4.8%)  Net result
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Toggle Summary Cavotec enters into a new long term credit facility agreement
Cavotec has during the past months conducted a competitive process to procure a new long term credit facility, resulting in competing bids involving several bank consortia. After careful evaluation Cavotec has chosen a consortium led by Credit Suisse to provide a five year credit facility as it
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Toggle Summary Report from Cavotec SA Annual General Meeting 2020
Cavotec SA ("the Company") today, May 13, 2020 held its Annual General Meeting ("AGM") in Lugano, Switzerland, chaired by Roberto Italia. Annual Report, Financial Statements and Consolidated Financial Statements for the year 2019, Report of the Statutory Auditors The AGM adopted the Board of
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