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
Improved profitability and cash flow JULY–SEPTEMBER 2018 Order intake decreased 4.9% to EUR 37.2 million (39.1) Order book increased 7.3% to EUR 104.7 million (97.5) Revenues decreased 5.9% to EUR 49.2 million (52.2) EBIT excluding non-recurring items increased to EUR 2.1 million (0.8),
NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, HONG KONG, NEW ZEALAND, SINGAPORE OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES BESIDES
Cavotec SA will publish its interim report for the third quarter 2018, 2 November at 07:00 CET. A conference call, including a short presentation of the report for shareholders, analysts and media will be held 2 November at 10:00 CET, followed by a Q&A session. The presentation will be held by
As previously announced, Cavotec SA has initiated a restructuring programme in order to achieve annual savings of approximately EUR 10 million by 2021. Through this programme, Cavotec will free up resources to underpin its growth strategy. The programme follows the implementation of the efficiency
Cavotec SA will initiate a restructuring programme in order to achieve annual savings of approximately EUR 10 million by 2021. Through this programme, Cavotec will free up resources to underpin its growth strategy. The programme follows the implementation of the efficiency project called A New Day,
Cavotec SA will initiate a restructuring programme in order to achieve annual savings of approximately EUR 10 million by 2021. Through this programme, Cavotec will free up resources to underpin its growth strategy. The programme follows the implementation of the efficiency project called A New Day,
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,
