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,
January — March 2018 Order intake for the quarter increased 9.6% to EUR 67.9 million (62.0). Order book increased 17.7% compared to 2017 year end ending at EUR 100.8 million. Revenues for the quarter were EUR 52.7 million (53.2). EBIT saw a decrease versus last year to EUR 2.2 million (3.5),
The Board of Directors of Cavotec SA has awarded the title of Honorary Chairman to out-going Chairman of the Board, Stefan Widegren, in recognition of his defining role in the development of Cavotec into a
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.