{"id":11763,"date":"2023-05-11T09:47:31","date_gmt":"2023-05-11T09:47:31","guid":{"rendered":"https:\/\/www.findadistributor.com\/news\/?p=11763"},"modified":"2023-05-11T09:47:31","modified_gmt":"2023-05-11T09:47:31","slug":"new-konecranes-targets","status":"publish","type":"post","link":"https:\/\/www.findadistributor.com\/news\/new-konecranes-targets\/","title":{"rendered":"New Konecranes Targets"},"content":{"rendered":"<p><a href=\"https:\/\/www.findadistributor.com\/item\/konecranes-inc\/\">Konecranes<\/a> has announced new financial targets.<\/p>\n<p>\u201cThe world is facing an increasingly acute challenge to provide materials and goods that are essential for people while preserving scarce resources and limiting emissions. Businesses have a central role to play in solving this massive challenge, and as an industry leader <a href=\"https:\/\/www.findadistributor.com\/item\/konecranes-inc\/\">Konecranes<\/a> is perfectly placed to do that,\u201d said <a href=\"https:\/\/www.findadistributor.com\/item\/konecranes-inc\/\">Konecranes<\/a> president and CEO, Anders Svensson.<\/p>\n<p>\u201cWe aim to become the world leader in material handling solutions creating value for everyone, and today we are announcing ambitious financial and performance targets that will guide us to success. Our ambition is underpinned by the purpose that drives us as a company: to shape next generation material handling for a smarter, safer and better world,\u201d Svensson added.<\/p>\n<p>\u201cThis success will come from five strategic enablers that build on <a href=\"https:\/\/www.findadistributor.com\/item\/konecranes-inc\/\">Konecranes<\/a>\u2019 more than 100 years of experience as an industry leader: Deepening our customer focus; accelerating efficiency; scaling technology innovation; advancing responsible business; and enhancing our winning culture,\u201d he said.<\/p>\n<div id=\"attachment_11764\" style=\"width: 938px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-11764\" class=\"size-full wp-image-11764\" src=\"https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-11-at-10.39.10.png\" alt=\"\" width=\"928\" height=\"554\" srcset=\"https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-11-at-10.39.10.png 928w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-11-at-10.39.10-768x458.png 768w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-11-at-10.39.10-400x239.png 400w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-11-at-10.39.10-385x230.png 385w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-11-at-10.39.10-440x263.png 440w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-11-at-10.39.10-645x385.png 645w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-11-at-10.39.10-544x325.png 544w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2023\/05\/Screenshot-2023-05-11-at-10.39.10-637x380.png 637w\" sizes=\"auto, (max-width: 928px) 100vw, 928px\" \/><p id=\"caption-attachment-11764\" class=\"wp-caption-text\">&#8216;We aim to become the world leader in material handling solutions&#8217; \u2014 Anders Svensson<\/p><\/div>\n<p>Reflecting the growing global demand for material handling solutions and services that sustainably meet people\u2019s needs, <a href=\"https:\/\/www.findadistributor.com\/item\/konecranes-inc\/\">Konecranes<\/a> has established the following new financial targets:<\/p>\n<ul>\n<li>Sales growth faster than the market1<\/li>\n<li>Profitability: Comparable EBITA margin of 12-15%2\u00a0as soon as possible, but no later than in 2027 (2022 9.5%)<\/li>\n<\/ul>\n<p>The financial targets of <a href=\"https:\/\/www.findadistributor.com\/item\/konecranes-inc\/\">Konecranes<\/a>\u2019 Business Segments are the following:<\/p>\n<p><strong>Service:<\/strong><\/p>\n<ul>\n<li>Sales growth clearly faster than the market1<\/li>\n<li>Comparable EBITA margin of 20-24%2<\/li>\n<\/ul>\n<p><strong>Industrial Equipment:<\/strong><\/p>\n<ul>\n<li>Sales growth in line with the market1<\/li>\n<li>Comparable EBITA margin of 8-10%2<\/li>\n<\/ul>\n<p><strong>Port Solutions:<\/strong><\/p>\n<ul>\n<li>Sales growth clearly faster than the market1<\/li>\n<li>Comparable EBITA margin of 9-11%2<\/li>\n<\/ul>\n<p>1\u00a0nominal world GDP growth, IMF World Economic Outlook<\/p>\n<p>2\u00a0profitability range, depending on the cycle<\/p>\n<p>Growth is expected to be mainly organic. The comparable EBITA margin target range is expected to be reached as soon as possible, but no later than in 2027.<\/p>\n<p><a href=\"https:\/\/www.findadistributor.com\/item\/konecranes-inc\/\">Konecranes<\/a> also implements a dividend policy and aims to pay a stable to increasing dividend per share, over the cycle.<\/p>\n<p><a href=\"https:\/\/www.findadistributor.com\/item\/konecranes-inc\/\">Konecranes<\/a>\u2019 commitment to driving the material handling industry towards a more sustainable future \u2013 an effort that has been recognized externally by leading bodies\/organizations including the CDP \u2013 will remain at the core of how it operates.<\/p>\n<p><a href=\"https:\/\/www.findadistributor.com\/item\/konecranes-inc\/\">Konecranes<\/a> now aims to have carbon neutral own operations by 2030 and continues its work to limiting global warming to 1.5\u00b0C and creating carbon-neutral supply chains.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Konecranes has announced new financial targets. \u201cThe world is facing an increasingly acute challenge to provide materials and goods that are essential for people while preserving scarce resources and limiting emissions. Businesses have a central role to play in solving this massive challenge, and as an industry leader Konecranes is perfectly placed to do that,\u201d&#8230; <a href=\"https:\/\/www.findadistributor.com\/news\/new-konecranes-targets\/\" class=\"excerpt-read-more\">Read More<\/a><\/p>\n","protected":false},"author":3,"featured_media":11764,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16,10],"tags":[7422,977],"class_list":["post-11763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-homepage-featured","category-news","tag-anders-svensson","tag-konecranes"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Konecranes Targets - Find A Distributor Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.findadistributor.com\/news\/new-konecranes-targets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Konecranes Targets - Find A Distributor Blog\" \/>\n<meta property=\"og:description\" content=\"Konecranes has announced new financial targets. \u201cThe world is facing an increasingly acute challenge to provide materials and goods that are essential for people while preserving scarce resources and limiting emissions. 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