KONECRANES PLC INSIDE INFORMATION MAY 20, 2025 9:00 AM EEST

Inside information: Konecranes updates its financial targets

Konecranes updates its financial targets to reflect higher profitability ambition and success in achieving the previous financial targets set in 2023.

Konecranes' comparable EBITA margin target range has been upgraded to 13-16% and to be reached as soon as possible, but no later than in 2029 (previously 12-15% and to be reached as soon as possible, but no later than in 2027). Of the Business Areas, Konecranes raises the profitability target level in Industrial Service and Industrial Equipment, while Port Solutions' target range remains unchanged. Konecranes' target to grow sales faster than the market is unchanged.

Konecranes now has the following financial targets:

• Sales growth faster than the market¹
• Profitability: Comparable EBITA margin of 13-16%² as soon as possible, but no later than in 2029 (previously 12-15% and to be reached as soon as possible, but no later than in 2027)

The financial targets of Konecranes' Business Areas are the following:

Industrial Service:

• Sales growth clearly faster than the market¹
• Comparable EBITA margin of 21-25%² (previously 20-24%)

Industrial Equipment:

• Sales growth in line with the market¹
• Comparable EBITA margin of 8-11%² (previously 8-10%)
   

Port Solutions:

• Sales growth clearly faster than the market¹
• Comparable EBITA margin of 9-11%² (unchanged)

¹nominal world GDP growth, IMF World Economic Outlook

²profitability range, depending on the cycle

Konecranes hosts a Capital Markets Day today. In the event, Konecranes will provide an update to its three Business Areas and future ambitions. In order to follow the event via a live webcast, please visit the CMD site and register by the start of the event. A recording will be made available on Konecranes' website shortly after the event.

For more information on Konecranes' Capital Markets Day, please visit the CMD site.

KONECRANES PLC
Kiira Fröberg
Vice President, Investor Relations

FURTHER INFORMATION
Kiira Fröberg,
Vice President, Investor Relations,
tel. +358 (0) 20 427 2050

Konecranes is a global leader in material handling solutions, serving a broad range of customers across multiple industries. We consistently set the industry benchmark, from everyday improvements to the breakthroughs at moments that matter most, because we know we can always find a safer, more productive and sustainable way. That's why, with around 16,700 professionals in over 50 countries, Konecranes is trusted every day to lift, handle and move what the world needs. In 2024, Group sales totalled EUR 4.2 billion. Konecranes shares are listed on Nasdaq Helsinki (symbol: KCR).

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