Last €31.13 EUR
Change Today +0.49 / 1.60%
Volume 175.7K
As of 11:29 AM 03/6/15 All times are local (Market data is delayed by at least 15 minutes).

konecranes oyj (KCR1V) Snapshot

Open
€30.76
Previous Close
€30.64
Day High
€31.23
Day Low
€30.50
52 Week High
02/6/15 - €31.97
52 Week Low
10/16/14 - €18.63
Market Cap
2.0B
Average Volume 10 Days
173.9K
EPS TTM
€1.29
Shares Outstanding
63.3M
EX-Date
03/27/15
P/E TM
24.1x
Dividend
€1.05
Dividend Yield
3.37%
Current Stock Chart for KONECRANES OYJ (KCR1V)

Related News

No related news articles were found.

konecranes oyj (KCR1V) Related Businessweek News

No Related Businessweek News Found

konecranes oyj (KCR1V) Details

Konecranes Plc provides lifting equipment and services worldwide. It operates in two segments, Service and Equipment. The Service segment provides crane inspections and preventive maintenance programs, hoist and crane repairs, spare parts, and modernizations services; preventive maintenance inspections and consultation services; and remote services consisting of periodic data reporting, real-time diagnostics, technical support, and production monitoring. The Equipment segment offers industrial cranes, including standard-duty cranes and heavy-duty cranes, as well as workstation lifting systems, such as light crane systems and load manipulators; components comprising wire rope hoists, crane kits, electric chain hoists, manual hoists, and accessories; nuclear cranes; port cranes; bulk material unloaders; lift trucks; and shipyard cranes. The company serves a range of industries, including process industries, nuclear sector, industries handling heavy loads, intermodal terminals, shipyards, bulk material terminals, and ports. It markets its products under the Konecranes, STAHL CraneSystems, SWF Krantechnik, Verlinde, R&M, Morris Crane Systems, and Sanma Hoists & Cranes power brands directly to end-users, distributors, and independent crane builders. Konecranes Plc was founded in 1910 and is headquartered in Hyvinkää, Finland.

11,982 Employees
Last Reported Date: 02/4/15
Founded in 1910

konecranes oyj (KCR1V) Top Compensated Officers

Chairman of Group Executive Board, Chief Exec...
Total Annual Compensation: €1.1M
Compensation as of Fiscal Year 2014.

konecranes oyj (KCR1V) Key Developments

Konecranes plc Proposes Dividend for the Year 2014, Payable on April 9, 2015

The Board of Directors of Konecranes Plc proposes to the General Meeting that a dividend of EUR 1.05 per share be paid from the distributable assets of the parent company. Dividend will be paid to shareholders who on the record date of the dividend payment 30 March 2015 are registered as shareholders in the company’s shareholders’ register maintained by Euroclear Finland Ltd. The dividend shall be paid on 9 April 2015.

Konecranes Plc Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Year 2015

Konecranes Plc reported earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total sales of €608.1 million compared to €580.9 million a year ago. EBITDA excluding restructuring costs was €58.7 million compared to €52.3 million a year ago. Operating profit excluding restructuring costs was €47.1 million compared to €42.8 million a year ago. EBITDA was €57.1 million compared to €49.9 million a year ago. Operating profit was €45.5 million compared to €39.7 million a year ago. Profit before taxes was €41.6 million compared to €35.9 million a year ago. Net profit for the period was €29.5 million or €0.51 per diluted share compared to €22.1 million or €0.38 per diluted share a year ago. Free cash flow was €56.1 million compared to €61.8 million a year ago. Net cash flow from operating activities was €66.4 million compared to €79.6 million a year ago. For the full year, the company reported total sales of €2,011.4 million compared to €2,099.6 million a year ago. EBITDA excluding restructuring costs was €162.2 million compared to €154.6 million a year ago. Operating profit excluding restructuring costs was €119.1 million compared to €115.5 million a year ago. EBITDA was €159.0 million compared to €140.5 million a year ago. Operating profit was €115.8 million compared to €84.5 million a year ago. Profit before taxes was €107.4 million compared to €75.5 million a year ago. Net profit for the period was €74.6 million or €1.28 per diluted share compared to €49.4 million or €0.85 per diluted share a year ago. Free cash flow was €109.4 million compared to €64.0 million a year ago. Net cash flow from operating activities was €48.4 million compared to €120.2 million a year ago. Net debt was EUR 150 million. This is EUR 37 million lower roughly than it had one year ago. Now the profitability decline in terms of euros happened during the first half of 2014, even though the sales were still declining. This was due to the improving gross margins that it was able to achieve at that time, partially with the help of improving project execution, partially as a result of the cost saving actions that it had been doing, and then of course, supported by the mix that started to improve also during the first half of 2014. The company provided earnings guidance for the year 2015. Based on the order book, service contract base and the near-term demand outlook, the year 2015 sales are expected to be higher than in 2014. The company expects the 2015 operating profit, excluding restructuring costs, to improve from 2014.

Konecranes plc Announces Board Changes

Konecranes Plc announced that the current members of the Board Mr. Tapani Järvinen and Mr. Mikael Silvennoinen have announced that they will not be available for re-election at its AGM to be held on March 26, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
KCR1V:FH €31.13 EUR +0.49

KCR1V Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Columbus McKinnon Corp/NY $25.75 USD -0.1051
Fujitec Co Ltd ¥1,194 JPY -11.00
Palfinger AG €26.00 EUR -0.33
Samsung Techwin Co Ltd 25,400 KRW -500.00
Shanghai Zhenhua Heavy Industries Co Ltd CNY6.36 CNY -0.03
View Industry Companies
 

Industry Analysis

KCR1V

Industry Average

Valuation KCR1V Industry Range
Price/Earnings 21.7x
Price/Sales 0.8x
Price/Book 3.6x
Price/Cash Flow 15.0x
TEV/Sales 0.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact KONECRANES OYJ, please visit www.konecranes.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.