Konecranes Plc - Company Profile
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Konecranes Plc (Konecranes) is a manufacturer of heavy equipment. It manufactures and supplies a range of lifting equipment such as overhead cranes, hoists, lift trucks, container handling equipment, shipyard cranes, bulk handling equipment, workstation lifting products, and industrial cranes and components. The company also provides services such as inspection, preventive and corrective maintenance, modernization, repairs, spare parts supply, and a variety of consultation services. It serves general manufacturing, forest and paper, construction and engineering, transportation equipment, container handling, power plants, metals and mining, and harbors industries. The company has operations in several countries across Europe, Africa, the Americas, and Asia-Pacific. Konecranes is headquartered in Hyvinkaa, Finland.
Headquarters
Finland
Address
Koneenkatu 8, Hyvinkaa, 05830
Website
www.konecranes.com
Telephone
358 2 042711
No of Employees
16,586
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
KCR (HEL)
Revenue (2022)
$4.3B
17.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
96.4%
(2022 vs 2021)
Market Cap*
$4.1B
Net Profit Margin (2022)
XYZ
66.7%
(2022 vs 2021)
* As of and is in US$
Konecranes Plc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Products; | Services; | Agilon |
| Overhead Cranes | Inspections | Morris Carne Systems |
| Hoists | Maintenance and Retrofits | SWF Krantechnik |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Acquisitions/Mergers/Takeovers | In April, the company completed the acquisition of Kocks Kranbau GmbH. |
| 2024 | Contracts/Agreements | In April, the company secured an order from Arawak Port Development Limited for a Konecranes Gottwald ESP.6 mobile harbor crane at the Port of Nassau. |
| 2024 | New Products/Services | In March, the company introduced the Konecranes X-series industrial crane. |
Competitor Comparison
| Key Parameters | Konecranes Plc | Cargotec Oyj | Palfinger AG | Tadano Ltd | Haulotte Group SA |
|---|---|---|---|---|---|
| Headquarters | Finland | Finland | Austria | Japan | France |
| City | Hyvinkaa | Helsinki | Bergheim | Takamatsu-Shi | Lorette |
| State/Province | - | - | - | Kagawa | - |
| No. of Employees | 16,586 | 11,391 | 12,728 | 4,686 | 1,983 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Christoph Vitzthum | Chairman | Executive Board | 2016 | 53 |
| Anders Svensson | President; Chief Executive Officer | Senior Management | 2022 | 47 |
| Teo Ottola | Deputy Chief Executive Officer; Chief Financial Officer; Chief Executive Officer - Interim | Senior Management | 2022 | 55 |
| Tomi Kuuppo | Manager - Investor Relations | Senior Management | - | - |
| Sirpa Poitsalo | Senior Vice President; General Counsel | Senior Management | 2016 | 59 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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