Sales at crane and material handling equipment manufacturer Cargotec, whom under its arm has brands like Hiab, Kalmar, MacGregor has reported an 11% of sales turnover in 2015. It has increased to €3,729 million in 2015 from €3,358 million in 2014. Operating profit was up, at €213 million (5.7% margin) from €127 million in 2015 (3.8%).
Splitting the sales into the three different brands,
- Hiab sales increased 10% to €928 million
- Kalmar sales increased 12% to €1,663 million
- MacGregor sales increased 10% to €1,139 million
Sales were higher in all geographical areas, Finland-headquartered Cargotec reported. The EMEA region’s share of the total declined to 40% from 43% a year earlier and APAC region’s share increased to 32% from 30% while the Americas market remained the same at 28%.
- Double-digit increase at Hiab, Kalmar, MacGregor, KHL, 19 February 2016.