Finnish engineering company Konecranes reports revenue in line with expectations for the third quarter. Comparable operating profit was meanwhile 3.5 percent higher than expected.
Revenue increased 11.4 percent to 1,101.5 million euros (988.7). The outcome can be compared with Vara Research’s analyst consensus, which stood at 1,099.
Adjusted EBITDA amounted to 198 million euros (189.6), versus an expected 191, with an adjusted EBITDA margin of 18.0 percent (19.2).
Adjusted EBITA amounted to 172.2 million euros (164.9), versus an expected 166, with an adjusted EBITA margin of 15.6 percent (16.7).
Operating profit was 162.7 million euros (153.6). The operating margin was 14.8 percent (15.5).
Adjusted operating profit amounted to 163.5 million euros (156.2), versus an expected 158, with an adjusted operating margin of 14.8 percent (15.8).
Profit before tax was 156.6 million euros (137.5).
Net profit was 119 million euros (103.8).
Earnings per share amounted to 0.50 euros (0.44).
Order intake came in at 1,011.3 million euros (1,148.6), which is 13.3 percent lower than analyst consensus.
Konecranes, EUR millionQ3-2026ConsensusChange versus consensusQ3-2025ChangeOrder intake1,011.31,166-13.3%1,148.6-12.0%Net sales1,101.51,0990.2%988.711.4%Adjusted EBITDA1981913.7%189.64.4%Adjusted EBITDA margin18.0%17.4%19.2%Adjusted EBITA172.21663.7%164.94.4%Adjusted EBITA margin15.6%15.1%16.7%Operating profit162.7153.65.9%Operating margin14.8%15.5%Adjusted operating profit163.51583.5%156.24.7%Adjusted operating margin14.8%14.4%15.8%Profit before tax156.6137.513.9%Net profit119103.814.6%Earnings per share, EUR0.500.4413.6%Consensus data from Vara Research
