As previously reported in relation to the case of Cavotec vs. Michael Colaco et al, both parties filed petitions for the court to settle the amounts owed by each party in the case. The Superior Court of California has now entered a judgment and instructed Cavotec to make a payout of USD 9.1
Cavotec SA ("the Company") today held its Annual General Meeting ("AGM") in Lugano, Switzerland, chaired by Patrik Tigerschiöld. Annual Report, Financial Statements and Consolidated Financial Statements for the year 2018, Report of the Statutory Auditors The AGM adopted the Board of Directors'
Today, 7 May, at 13.30 Cavotec SA (“Cavotec or the Company”) will hold its Investor Information Meeting 2019 in Stockholm. CEO Mikael Norin together with members of the executive management team will give an update on the transformation of Cavotec, the next chapter of the Company’s strategy and the
Organic annual revenue growth of at least 5% from 2020, in addition to possible acquisitions An annual adjusted EBIT margin of more than 7% within two years and more than 10% within four years Dividends of approximately 30-50% of net profits over a business cycle Over the past five quarters,
Transformation measures reflected in higher profitability despite lower revenue – continued strong order book January–March 2019 Order intake decreased 9.3% to EUR 61.6 million (67.9) Order book increased 12.4% to EUR 113.2 million (100.8) Revenues decreased 8.0% to EUR 48.5 million (52.7) EBIT
Cavotec SA will publish its Q1 report 2019, 3 May 2019 at 07:00 CEST. A conference call, including a short presentation of the report for shareholders, analysts and media will be held 3 May at 10:00 CEST, followed by a Q&A session. The presentation will be held by Cavotec’s CEO Mikael Norin and
The shareholders of Cavotec SA are hereby invited to an Annual General Meeting to be held on Friday, May 10, 2019, at 15:00 CEST (doors open at 14:00 CEST) at Cavotec’s headquarters, Via G.B. Pioda 14, 6900 Lugano, Switzerland. AGENDA AND PROPOSALS OF THE BOARD OF DIRECTORS Annual report,
Cavotec has published its Annual Report 2018 on the company’s website: http://ir.cavotec.com/financial-reports. The Report is available in English. Printed copies of the Annual Report will be available during week 15 and can be ordered at email@example.com.
Cavotec has signed an agreement with a port operator to equip two berths at a terminal with MoorMaster™ automated mooring systems. Cavotec will design, supply and commission the MoorMaster™ automated mooring systems for the two berths. Deliveries are scheduled to start in 2019, with the systems
Stable order intake, but lower revenues – majority of restructuring measures finalized in Q4 OCTOBER–DECEMBER 2018 • Order intake remained stable at EUR 44.2 million (44.5) • Order book increased 17.0% to EUR 100.1 million (85.6) • Revenues decreased 13.8% to EUR 48.8 million (56.6)