Categories: industry & mining

  • Cavotec Q4 2025 report: Strong cash flow and improved financial position – continued uncertain market situation

    “During the fourth quarter, sales growth was healthy, cash flow increased strongly and we strengthened our financial position. However, we see that customers remain cautious and for the full year 2025 we report a negative result. In light of this, we have decided to initiate cost-saving measures in 2026 to build a stronger Cavotec. The activities and related costs will be presented in the first qu

  • Niklas Edling proposed as new Chairman of Cavotec

    The Nomination Committee in Cavotec Group AB proposes Niklas Edling as new Chairman of the Board at the Annual General Meeting on 2 June 2026. Current Chairman Patrik Tigerschiöld has informed the Nomination Committee that he declines re-election.
    Niklas Edling has been a member of Cavotec’s Board since 2019 and member of the Audit Committee. He is also CEO of Nodica Group AB and member of the

    Niklas Edling proposed as new Chairman of Cavotec

  • Cavotec Signs Cable and Hose Reels Order in Morocco

    Cavotec has signed an order with TAKRAF India Pvt. Ltd. for the supply of cable and hose reel systems for one of Morocco's largest companies that processes and manufactures phosphate and sulphur.
    The order comprises seven cable reel systems and six hose reel systems. The systems will provide safe and reliable power and fluid supply to bulk material handling equipment operating in harsh environm

  • Erik Lyrvall appointed to Cavotec’s Group Management

    Cavotec has appointed Erik Lyrvall, Head of Strategy and M&A, as a member of Cavotec’s Group Management. Erik joined Cavotec in autumn 2024 when he took up the position of Head of Strategy.
    In his role, Erik is responsible for driving the group’s strategic direction, leading M&A activities, evaluating partnerships and go-to-market strategies, and recommend initiatives to enhance operat

  • Cavotec Launches New Website

    Cavotec is excited to announce the launch of its new website — a modern platform designed to showcase the company’s long automation and electrification expertise, while making it easier for customers, partners, and other stakeholders to access the information and support they need.
    The new site features an improved structure and enriched content that provide a clearer, more intuitive experience

    Cavotec has launched a new website

  • Cavotec Q3 2025 report: Higher order backlog in Ports & Maritime and strengthened profitability in Industry

    “Order intake was in line with the same period last year after a strong second quarter, driven by good demand for our shore power solutions and MoorMaster automatic mooring systems. Our order backlog amounts to EUR 125.8 million where growth is driven by customers’ need to electrify industrial applications, reduce greenhouse gas emissions and increase efficiency.” David Pagels, CEO.
    Read the fu

  • Cavotec signs motorised reel order for Port Hedland in Australia

    Cavotec has signed a contract with Australian construction and engineering company Civmec for the supply of a motorised cable reel to be installed at Port Hedland, Western Australia, one of the world’s largest iron ore export facilities.
    This marks Cavotec’s first major collaboration with Civmec, further strengthening Cavotec’s presence in Australia’s mining and bulk material handling sector. D

  • Cavotec Q2 2025 report: Strong order intake while results impacted by the global economic uncertainty

    “Order intake was strong during the quarter, reflecting our solid position in markets driven by the electrification of society. However, the increased global uncertainty has led to greater caution among our customers, which has affected our sales of goods and services with shorter delivery times. This has also impacted the profitability for the quarter. During the quarter, we successfully complete

  • Cavotec celebrates the listing of its new parent company

    Today marks a major milestone in Cavotec’s journey as the company’s shares in the new parent company are listed on Nasdaq Stockholm in Sweden— the country where it all began in 1975. The listing was celebrated with a bell-ringing ceremony at Nasdaq Stockholm.
    “We are happy to be back in Sweden,” says David Pagels, CEO of Cavotec. “Cavotec was founded 50 years ago and is established as a leading

  • Cavotec’s Megawatt Charging System Manual Dispenser featured in International Mining

    Cavotec’s Megawatt Charging System (MCS) Manual Dispenser is featured in the May 2025 issue of International Mining, with insights from Jörn Bullert, VP Product Management Charging Solutions.
    In the interview, Bullert discusses how high-capacity charging – up to 4.5 MW – is enabling rapid turnaround for battery-electric haul trucks and support vehicles, helping mining operations reduce downtime

  • Cavotec Q1 2025 report: Strengthened financial position and results that reflect the project-driven business

    “This quarter reflects our project-driven business, where revenue and earnings may fluctuate between quarters depending on which projects we invoice. We are seeing an increasingly uncertain global environment, while our business remains fundamentally strong with solid demand, and we have continued to strengthen our financial position during the quarter. The order intake should be viewed in the con

  • Cavotec Launches MCS Manual Dispenser for Ultra-Fast Charging of Heavy-Duty Electric Vehicles and Vessels

    Cavotec is proud to announce the launch of the MCS Manual Dispenser, designed to support the Megawatt Charging System (MCS) for high-power charging applications. Perfect for industries such as mining, construction, ports, and transportation, this new solution delivers up to 4.5 MW of charging power, efficiently powering electric heavy-duty vehicles, construction machinery, e-trucks and vessels.

  • Cavotec Unveils Next Generation Radio Remote Controls at Bauma Europe 2025

    Cavotec proudly announces the launch of its next generation radio remote controls. Designed for unmatched flexibility, reliability, and ergonomic comfort, these new systems are set to redefine operator control in demanding industrial environments. The official unveiling will take place at Cavotec's booth B4.314 at Bauma Europe 2025.
    Engineered for optimal performance across various applications

  • Cavotec Publishes Annual and Sustainability Report 2024

    Cavotec has published its Annual and Sustainability Report 2024, highlighting the company’s financial performance, strategic progress, and sustainability initiatives over the past year.
    David Pagels, Cavotec CEO, commented on the company’s progress:
    "In 2024, we established a stronger Cavotec with higher profitability and a strengthened financial position. Thanks to the success of our change

  • Cavotec to Unveil New Products at Bauma Europe 2025

    Exciting things are on the horizon! Cavotec is set to reveal new products at Bauma Europe 2025, the world’s leading construction machinery trade fair, kicking off on 7 April in Munich, Germany.
    While we can’t reveal too much just yet, we invite you to catch a glimpse of what’s coming by watching our teaser video. Stay tuned – you won't want to miss it!
    Join Us for the Cavotec 50 Anniversary

  • Solid financial improvements in 2024

    “We ended 2024 with strong order intake, higher order backlog and improved operating profitability. In 2024, we have established a stronger Cavotec with higher profitability and strengthened financial position. Thanks to the success of our change programs, we have also been able to invest in product development which have further strengthened our competitiveness. With the continued good demand for

  • Cavotec appoints new members of Group Management

    Cavotec has appointed Jonathan Eriksson as Senior Vice President and Head of Industry Division and Nicklas Vedin as Senior Vice President and Head of Ports & Maritime Division. Patrick Mares, in Group Management since 2019, has been appointed Senior Vice President, Product Management and Chief Technology Officer.

  • Cavotec Inaugurates New Production Facility in Chennai, India

    Cavotec, a leading cleantech company, is pleased to announce the inauguration of its new production facility in Chennai, India. This strategic expansion is aimed at serving both the fast growing domestic market in India and the extensive global market.

  • Cavotec365: an image for every day of 2013

    To show how and where our systems are helping industries to operate safely, efficiently and sustainably, we’re planning to post an image of Cavotec equipment on our Twitter feed every day of 2013. We’re calling this Cavotec365, and it’s something we’ll be asking for your help with too - find out more on our blog.

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