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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

  • Cavotec signs order in India for motorised cable and hose reels

    Cavotec has signed a significant order with a leading engineering company in India for the supply of motorised cable and hose reels. The reels are part of the customer’s first project for ship unloaders.
    The order includes a total of fourteen motorised cable and hose reels for installation in ship unloaders at bulk material handling facilities in India. The systems will be used for unloading bu

  • 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 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

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