CEO review at Cargotec's Annual General Meeting: Outlook for 2017 unchanged
(Thomson Reuters ONE) -
CARGOTEC CORPORATION, PRESS RELEASE, 21 MARCH 2017 AT NOON (EET)
CEO review at Cargotec's Annual General Meeting: Outlook for 2017 unchanged
Cargotec Corporation's Annual General Meeting will begin today, 21 March 2017,
at 1.00 p.m. Finnish time in Helsinki, Finland. In his review, CEO Mika
Vehviläinen will concentrate on financial result in 2016, strategy development,
sustainability as a competitive advantage for Cargotec, and about 2017 outlook.
In addition, Cargotec's significant investment in research and development will
be presented. The CEO review does not include any material new information about
Cargotec's business development.
CEO Vehviläinen will reiterate Cargotec's 2017 outlook published on 8 February
2017: Cargotec's operating profit excluding restructuring costs for 2017 is
expected to improve from 2016 (EUR 250.2 million).
Cargotec's strategic areas of focus are services, digitalisation and leadership.
In his review, CEO Mika Vehviläinen will go through the main strategic
achievements in 2016. In his financial remarks he will give insight into
Cargotec's exceptionally good operating profit (excluding restructuring costs)
and strong cash flow.
The presentation material will be available at www.cargotec.com by 1.00 p.m. A
video recording of the CEO review is available at Cargotec's website within
coming days.
For further information, please contact:
Hanna-Maria Heikkinen, Vice President, Investor Relations, tel. +358 20 777 4084
Cargotec (Nasdaq Helsinki: CGCBV) is a leading provider of cargo and load
handling solutions with the goal of becoming the leader in intelligent cargo
handling. Cargotec's business areas Kalmar, Hiab and MacGregor offer products
and services that ensure our customers a continuous, reliable and sustainable
performance. Cargotec's sales in 2016 totalled approximately EUR 3.5 billion and
it employs over 11,000 people. www.cargotec.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Cargotec Corporation via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 21.03.2017 - 11:00 Uhr
Sprache: Deutsch
News-ID 531390
Anzahl Zeichen: 2546
contact information:
Town:
Helsinki
Kategorie:
Business News
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"CEO review at Cargotec's Annual General Meeting: Outlook for 2017 unchanged"
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