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Cavotec Q2 2024 report: Strong order intake with improved profitability and cash flow

Cavotec Q2 2024 report: Strong order intake with improved profitability and cash flow

“The order intake increased 11.0% in the quarter, mainly due to good demand for Ports & Maritime’s product and service offerings. Our profitability has improved steadily since the start of 2023 thanks to our extensive change programs. It is within our Ports & Maritime segment that we see the strongest improvements being realized and we are increasing our focus on implementing the same chan

Cavotec's Q1 2024 results have been published.

Cavotec Q1 report: Good revenue growth with increased profitability and cash flow

“Our performance improved also in this quarter, proving our extensive change programs with focus on profitable growth to be effective. We are successful with our focus on the service business and the margin-improving measures are beginning to have an effect. Our business is driven by the megatrend of electrification of society and our largest segment – Ports & Maritime – is also driven by exte

Cavotec strengthens customer base with acquisition of ground support equipment manufacturer Combibox

Cavotec strengthens customer base with acquisition of ground support equipment manufacturer Combibox

The Board of Directors of the Cavotec engineering group is pleased to announce the acquisition of aircraft ground support equipment (GSE) manufacturer Combibox Systems Scandinavia AB, which in 2011 had revenues of approximately EUR 2 million. The acquistion made on 3 September 2012 is set to further strengthen the Group’s product offering and customer base in the global airports sector.

We connect the future.

Cavotec is a leading cleantech company that designs and delivers connection and electrification solutions that enable the decarbonisation of ports and industrial applications. Backed by more than 40 years of experience, we provide systems that ensure safe, efficient and sustainable operations for a wide variety of customers and applications worldwide.

Cavotec

Corso Elvezia 16
CH-6900 Lugano
Switzerland