Cargotec reports profit margin growth

Cargotec’s annual financial results highlight notable developments in the company’s performance over the previous year.

The review shows that the comparable operating profit margin improved during the year. Orders received grew by 3%, reaching a total of US$1.565 billion, compared to US$1.52 billion in the previous year. However, the order book declined, amounting to US$672 million at the end of the period, down from US$828 million as of 31 December 2023. Furthermore, sales experienced an 8%...

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