Cavotec signals growth potential with launch of new tagline and strategic direction statement
Global engineering group Cavotec has launched its new tagline and strategic direction statement. Two defining elements of the Cavotec identity that reflect the Group’s key role as a trusted industrial partner for a global customer base, and its intent to maximise future growth potential.
Cavotec wins EUR 8m breakthrough order for Bahrain International Airport modernisation
Global engineering group Cavotec has won a breakthrough order for its next-generation aircraft ground cooling systems. The order is a key part of a major modernisation project at Bahrain International Airport set to substantially increase passenger capacity. The project highlights Cavotec’s leading role in the development of Pre-Conditioned Air (PCA) systems for the global aviation market.
Cavotec wins EUR 17.5M order for Dubai's new gateway airport
Global engineering group Cavotec has won a breakthrough order for its innovative Pre-Conditioned Air (PCA) and 400Hz power technologies for Dubai’s new gateway airport, Al Maktoum International. The EUR 17.5 million order is one of the largest airport equipment project wins in the Group’s history.
Cavotec lands EUR11.5M in orders for innovative aircraft utility systems in the UAE, the UK and the US
Global engineering group Cavotec has secured significant orders to supply its innovative aircraft systems to major airports in the United Arab Emirates, the UK and the US. The EUR 11.5 million contract wins, all received and confirmed in the past two months, underline the continued success of the Group's advanced integrated aircraft utility systems at applications worldwide.
Cavotec wins port equipment orders worth EUR 10M
Global engineering group Cavotec has been awarded significant orders for its innovative systems for marine propulsion, shore power supply, and crane electrification systems, with a combined value of EUR 10 million, highlighting the Group's pivotal position in the global Ports & Maritime segment.
Cavotec's strategic plan enters into effect
Cavotec SA's previously announced strategic plan and new organisational structure — based on two distinct Business Units (BU), Ports & Maritime and Airports & Industry — entered into effect on January 1, 2017.
Cavotec wins airport equipment orders worth more than EUR 11 million
Cavotec has won a number of orders for its innovative aircraft ground support systems for applications in Australia, China, Colombia, Germany, Italy and the US, the largest of which is for Hong Kong International Airport. The orders, all received in 4Q16, have a combined value of more than EUR 11 million.
Cavotec secures major MoorMaster™ equipment, servicing orders
Marine systems innovator Cavotec has won important MoorMaster™ automated mooring orders from existing MoorMaster™ customer, the Port of Salalah in Oman, for use at two container berths – another sign of the increasing acceptance of this innovative mooring technology by the global shipping sector.
Cavotec SA - 3Q16 Report
This is a summary of the 3Q16 report published today. The complete 3Q16 report and full year summary with tables is available at http://investor.cavotec.com/results.cfm. Investors should not rely on summaries only, but should review the complete reports with tables.
Cavotec 3Q16 report and conference call
Cavotec will publish its 3Q16 report on Thursday, 3 November, 2016 at approximately 12:00 CET. A conference call for shareholders, analysts and media will be held at 13:00 CET. Participating on the conference call from Cavotec will be CEO Ottonel Popesco and Kristiina Leppänen, CFO and IR. The meeting will start with some background on the 3Q16 results and will be followed by a Q&A session.
Cavotec SA - 2Q16 Report
2Q16 developed in line with our expectations with revenues amounting to EUR 53.9 million, an 8.3% decrease compared to 2Q15. Day-to-day business remained strong, while a number of larger projects were postponed towards year-end.
Organic growth was negative at 5.1%, and currency exchange differences had a negative impact on quarterly revenues. Gross margin remained strong quarter