Konecranes Oyj (OTCPK:KNCRY)
$ 13.21 0 (0%) Market Cap: 5.23 Bil Enterprise Value: 5.71 Bil PE Ratio: 14.61 PB Ratio: 2.90 GF Score: 78/100

Half Year 2023 Konecranes Abp Earnings Call Transcript

Jul 26, 2023 / 08:30AM GMT
Release Date Price: $7.05 (-8.66%)
Kiira Froberg
Konecranes Plc - VP of IR

Good morning, everyone, and welcome to Konecranes' Q2 Earnings Conference. My name is Kiira Froberg, and I'm the Head of Investor Relations at Konecranes. Here with me today, I have our President and CEO, Anders Svensson; and our CFO, Teo Ottola. Before we start, I would kindly remind you that our presentation contains forward-looking statements. Next, Anders and Teo will walk you through our Q2 results. Anders will start by presenting the Group numbers, after which Teo will focus on our business segments. As always, we will host a Q&A in the end of the presentation. Please Anders, now it's your turn.

Anders Svensson
Konecranes Plc - President & CEO

Thank you very much, Kiira. And also a warm welcome from my side to this second quarter result webcast from Konecranes. So I'll start with summarizing the second quarter, and we say that this is a sustained strong performance. Our orders increased on a year-on-year basis and exceeded EUR 1 billion at almost EUR 1.1 billion. The demand environment remained good

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