Q3 2019 Konecranes Abp Earnings Call Transcript
Good morning, ladies and gentlemen, and welcome to the Third Quarter 2019 Analyst and Press Conference of Konecranes. My name is Eero Tuulos, and I'm the Head of Investor Relations at Konecranes. I'm here with Teo Ottola, CFO and Interim CEO of Konecranes. Teo will present you the financial performance of the company in the third quarter, and then we'll have a Q&A session following that.
And now, Teo, the stage is all yours.
Thank you, Eero. And let's jump directly into the third quarter '19 highlights. It was a mixed performance for the third quarter for us. On the one hand, we made good progress with our service growth strategy. Our service agreement base grew with comparable currencies more than 6%. Also, we came back to the growth path in service order intake with a growth of 3.6% with comparable currencies. When we otherwise take a look at the order intake on a group level, so like I said, service order intake grew.
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |