Cavotec has won two fuelling orders worth more than EUR 5 million, confirming its position as a preferred supplier of advanced systems for the global aviation fuelling market. The new orders include the manufacture and supply of 100 aviation fuelling pits for two installations, one in the US and
Cavotec has received a repeat order from Fjord1 in Norway – one of the world’s largest operators of e-ferries – to equip two new berths with its next generation Automatic Plug-in System (APS) for charging of e-ferries. The APS solution will charge three e-ferries on the Halsa and Kanestraum route.
Revenues for Q1 2020 expected to decrease 15-20% compared to Q1 2019, due to government decision to close down businesses in Italy, including Cavotec’s production facility, leading to postponements of deliveries to customers Remaining production units in the USA, Europe and Asia are fully
New target of an annual adjusted EBIT margin of more than 10% within two years and more than 12% within five years Remaining financial targets unchanged Mikael Norin, CEO, says: “The transformation we started in the fall of 2017 is now finalized. We have completed a thorough reorganisation and
Stable revenue and order book – Significantly improved profitability and cash flow OCTOBER–DECEMBER 2019 Order book stable at EUR 100.0 million (100.1) Order intake decreased 13.7% to EUR 38.2 million (44.2) Revenues decreased 2.1% to EUR 47.8 million (48.8) EBIT excluding non-recurring items
The Nomination Committee of Cavotec SA (“Cavotec”) consists of members appointed by Cavotec’s Board of Directors, in accordance with Cavotec's Internal Regulations. The composition of the members of the Nomination Committee presented below is in line with the recommendations of the
Further improved profitability on the back of stable revenues July–September 2019 Order intake increased 36.1% to EUR 50.6 million (37.2) Revenue decreased -1.5% to EUR 48.4 million (49.2) EBIT excluding non-recurring items amounted to EUR 3.7 million (2.1), corresponding to a margin of 7.6%
Cavotec SA will publish its Q3 report 2019, 8 November 2019 at 07:00 CET. A conference call, including a short presentation of the report for shareholders, analysts and media will be held 8 November at 10:00 CET, followed by a Q&A session. The presentation will be held by Cavotec’s CEO Mikael
Significantly improved profits on the back of stable revenue April–June 2019 Order intake decreased 26.7% to EUR 45.5 million (62.1) Revenue increased 11% to EUR 51.4 million (46.3) Adjusted EBIT amounted to EUR 3.7 million (-0.7), corresponding to a margin of 7.1% (-1.6%) Non-recurring items
Cavotec SA will publish its Q2 report 2019, 31 July 2019 at 07:00 CEST. A conference call, including a short presentation of the report for shareholders, analysts and media will be held 31 July at 10:00 CEST, followed by a Q&A session. The presentation will be held by Cavotec’s CEO Mikael Norin
