Press release —
Cavotec Q2 2026 report: Strong order intake and increased net sales – earnings affected by mix effects from a few larger shore power projects
“Demand for our products remains strong with good order intake, a record-high order backlog, and increased net sales for the quarter. However, profitability has been negatively affected by mix effects, partially caused by delayed deliveries of a few larger shore power projects with low margins. However, we are confident in the margins within the order backlog for the second half of 2026. The cost-saving measures initiated at the beginning of the year are proceeding according to plan and are set to reduce our costs by approximately EUR 3 million with full effect by early 2027.” David Pagels, CEO.
Read the full report here.
Topics
Categories
Cavotec is a leading engineering company with over 50 years of heritage in innovation, design, and delivery of advanced connection and electrification solutions that drive the decarbonisation of ports and industrial applications. With five decades of experience, our systems ensure safe, efficient, and sustainable operations for a diverse range of customers and applications worldwide.
