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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 wins breakthrough cleantech order for industrial battery charging worth over EUR 3M

Cavotec wins breakthrough cleantech order for industrial battery charging worth over EUR 3M

In a major development signalling Cavotec’s entry into industrial battery charging for heavy duty vehicles, Cavotec is to supply a proof-of-concept battery charging system for use with heavy-duty mining trucks. The value of this first order is over EUR 3M with a potential for follow up orders, opening up a market that is estimated to be worth several hundred million euros in the coming years.

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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