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  • Cavotec Q1 2026 report: Strong order intake but lower revenue and profitability after weak market in 2025 – cost-saving measures initiated

    “Order intake was strong in the first quarter in both our divisions, but revenue and profitability decreased due to the weak market in 2025. During the quarter, we initiated cost-saving measures to reduce costs of approximately EUR 3 million with full effect in early 2027. With these measures, we are shaping a stronger Cavotec and are better equipped to create value as volumes increase.” David Pag

  • CFO leaves Cavotec

    Cavotec announces that Chief Financial Officer Joakim Wahlquist has decided to leave the company for another assignment. The recruitment process for a successor has been initiated. Joakim Wahlquist will remain in his role until a replacement is appointed or the latest until September 2026, to ensure an effective handover.
    “Cavotec has an attractive offer in an exciting industry,” says Joakim Wa

  • Cavotec receives EUR 3 million shore power order for ports in southern Italy

    Cavotec has received an order valued at approximately EUR 3 million for shore power systems to be deployed across several ports in southern Italy.
    The order covers the supply of a range of Cavotec shore power technologies, including PowerFeed, PowerReach, and PowerMove systems. The solutions will enable vessels such as cruise, container and RoRo ships to connect to shore-side electricity while

  • 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 supports Europe’s first shore power connection for a car carrier

    Cavotec has contributed to a landmark milestone in European port electrification, supporting recently the first-ever shore power connection of a car carrier at a European port. The achievement took place in Bremerhaven, Germany, where the 200-metre pure car and truck carrier (PCTC) Lake Shirasagi was successfully connected to shore power.
    Cavotec was responsible for making the vessel shore powe

  • 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

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