Konecranes Reports Robust Third-Quarter Delivery Volumes

{ "articleTitle": "Konecranes Reports Robust Third-Quarter Delivery Volumes Amidst Order Intake Volatility", "articleDescription": "Konecranes Plc reported strong deliveries and high profitability for the third quarter of 2026, with net sales increasing by 11.4% to EUR 1,101.5 million despite a 12.0% decrease in order intake.", "articleBody": "

Third-Quarter Financial Performance

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Konecranes Plc reported strong deliveries and high profitability for the third quarter of 2026, according to an interim report covering the period from January to September 2026. The figures presented in the report are unaudited.

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For the July-September 2026 period, Konecranes’ order intake decreased by 12.0% to EUR 1,011.3 million. On a comparable currency basis, the decline was 12.7%. In contrast, net sales increased by 11.4% to EUR 1,101.5 million during the same quarter.

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Comparable EBITA for the third quarter of 2026 increased to EUR 172.2 million. However, the comparable EBITA margin decreased to 15.6%. Margins rose in the Industrial Service and Port Solutions segments but fell in the Industrial Equipment segment.

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Free cash flow for the third quarter was recorded at EUR 145.8 million. Earnings per share (basic) were EUR 0.50.

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Year-to-Date Results and Regional Breakdown

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For the January-September 2026 period, order intake increased by 0.3% to EUR 3,318.2 million. The order book grew by 8.0% to EUR 3,302.3 million.

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Net sales for the first nine months of 2026 increased by 0.1% to EUR 3,028.8 million. Comparable EBITA decreased to EUR 407.4 million, and the margin fell to 13.4%.

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Order intake in the third quarter increased in the EMEA region but decreased in the Americas and APAC regions.

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Strategic Outlook and Corporate Actions

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Konecranes expects net sales to remain approximately on the same level or increase in 2026 compared to 2025. The company also expects comparable EBITA margins to remain stable.

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CEO Marko Tulokas stated that demand for industrial customers remains healthy and container throughput for port customers is high. However, he noted that uncertainty related to geopolitics and trade policy tensions remains high. Tulokas added that robust deliveries were delivered despite order intake volatility in Port Solutions.

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Konecranes published an updated strategy in September and raised financial targets, reflecting a sharpened focus and higher ambitions for growth.

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The Annual General Meeting on March 26, 2