Cleaning up the handling act

Kalmar updated its 2024 outlook to guide on comparable operating profit margin, following the completion of the partial demerger of Cargotec.

Ahead of its demerger from Cargotec, Kalmar unveiled its new brand at TOC Europe in Rotterdam.

Cargotec is poised to rebrand to Hiab pending the demerger of Kalmar and potential sale of MacGregor.

Listing prospectus reveals Kalmar is planning to create a new brand identity if the partial demerger of Cargotec is approved.

Cargotec’s Q1 2024 report reveals record-breaking performance with EUR 137 million operating profit, marking its strongest start ever.

The operating profit percentages for the different business areas varied throughout the year, with Kalmar at 12.9%, Hiab at 14.1%, and MacGregor at 4.3%.