Solid financial improvements in 2024

Press release -

Solid financial improvements in 2024

“We ended 2024 with strong order intake, higher order backlog and improved operating profitability. In 2024, we have established a stronger Cavotec with higher profitability and strengthened financial position. Thanks to the success of our change programs, we have also been able to invest in product development which have further strengthened our competitiveness. With the continued good demand for our climate-friendly solutions there is a clear potential to continue improving profitability,” David Pagels, CEO.

Read the full report here.

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Cavotec is a leading cleantech company that develops connection and electrification solutions that enable the decarbonisation of ports and industrial applications.

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Joakim Wahlquist

Joakim Wahlquist

Press contact Chief Financial Officer +46704034786

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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

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