Cavotec will focus resources and make investments to further develop its leading position within electrification and automation for improved sustainability in its fast-growing ports & maritime and specialized industrial applications markets and, as a consequence, will divest its Airports business.
Cavotec has published its Annual Report 2020 on the company’s website: https://cavotecsa.gcs-web.com/financial-reports . The Report is available in English. Printed copies of the Annual Report can be ordered at email@example.com. ENDS For further details please contact: Johan Hähnel Investor
Resilient profitability and record cashflow despite lower revenue OCTOBER – DECEMBER 2020 Revenue decreased -15.7% to EUR 40.3 million (47.8). Ports & Maritime decreased -20.8% and Airports & Industry decreased -11.3% EBIT excluding non-recurring items decreased to EUR 1.0 million (5.6),
Following his appointment as CEO of international investment group Verlinvest earlier this year Roberto Italia has decided to resign from Cavotec’s Board of Directors with immediate effect to focus on that role. Roberto Italia has been a board member of Cavotec since 2018.
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
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
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
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
Lower revenue but positive results JANUARY–MARCH 2020 Revenues decreased -20.3% to EUR 38.7 million (48.5) EBIT decreased to EUR 0.8 million (1.4), corresponding to a margin of 2.1% (2.9%) Net result for the period was EUR 2.1 million (0.7) Earnings per share basic and diluted amounted to EUR
Cavotec has published its Annual Report 2019 on the company’s website: http://ir.cavotec.com/annual-reports. The Report is available in English. Printed copies of the Annual Report can be ordered at firstname.lastname@example.org. ENDS For further details please contact: Johan Hähnel Investor Relations