Continued strong order intake Stable profitability despite revenue impacted by plant start up issues April–June 2018 Order intake increased 26.8% to EUR 62.1 million (49.0). Revenues decreased 8.0% to EUR 46.3 million (50.3). EBIT excluding non-recurring items amounted to EUR -0.7 million (-1.8),
Cavotec will publish its Q218 Report on Friday 3 August 2018 at approximately 12:00 CEST. A conference call for shareholders, analysts and media will be held at 13:00 CEST. Participating on the conference call from Cavotec will be CEO Mikael Norin and Kristiina Leppänen, CFO & IR.
As announced to the market at the time, Cavotec SA (“Cavotec” or the “Company”) recorded a non-recurring income amounting to USD 5.8 million in its result for the second quarter 2016. The non-recurring income was related to a payment done by Michael Colaco, the former owner of INET Airport Systems,
Global engineering group Cavotec has officially opened its new world-class production facility in Milan, which is set to ensure the Group's manufacturing and supply chain excellence in the years ahead. Some 150 guests attended yesterday's opening ceremony, among them key customers, suppliers,
Cavotec SA ("the Company") today held its Ordinary General Meeting ("OGM") in Lugano, Switzerland, chaired by Stefan Widegren. Annual report, financial statements and consolidated financial statements for the year 2017, report of the Statutory Auditors The OGM adopted the Board of Directors'
Global engineering group Cavotec has won a breakthrough order for its next-generation aircraft ground cooling systems. The order is a key part of a major modernisation project at Bahrain International Airport set to substantially increase passenger capacity.
The C avotec global engineering group has been awarded a breakthrough order for its advanced explosion proof radio remote control (RRC) units by a leading US supplier for a land-based energy application. "This project is especially significant because we successfully secured the order despite some
The Cavotec engineering group has illustrated its rapidly growing presence on the critical US market with two important orders from leading industrial groups — ThyssenKrupp and The Robbins Company — for advanced cable and hose reels for applications in Saudi Arabia and Singapore.
Cavotec has won two large orders for electrical power and spreader cable reels for ship-to-shore (STS) container cranes for ports in The Netherlands and Malaysia. These orders follow last week's announcement that the Group is to supply similar equipment to the Port of Colombo in Sri Lanka .