Press release —
Cavotec Q3 2026 report: All-time high order backlog, strong revenue growth and improved operating cash flow
“Our order backlog is at a record high of EUR 160 million, and revenue increased by nearly 19% during the quarter, driven primarily by strong demand for shore power systems and motorised cable reels. Profitability for the quarter benefitted from the higher volumes; however, we are not satisfied with our result. The cost-saving measures initiated at the beginning of the year continue to progress according to plan and are expected to reduce costs by approximately EUR 3 million, with full effect by early 2027.” David Pagels, CEO.
Read the full report here.
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Cavotec is a leading engineering company with over 50 years of heritage in innovation, design, and delivery of advanced connection and electrification solutions that drive the decarbonisation of ports and industrial applications. With five decades of experience, our systems ensure safe, efficient, and sustainable operations for a diverse range of customers and applications worldwide.
