Konecranes Oyj (OHEL:KCR)
€ 63.35 0.15 (0.24%) Market Cap: 5.02 Bil Enterprise Value: 5.27 Bil PE Ratio: 14.15 PB Ratio: 2.89 GF Score: 77/100
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Q1 2024 Konecranes Abp Earnings Call Transcript

Apr 25, 2024 / 08:00AM GMT
Release Date Price: €46.5 (-4.95%)
Kiira Froberg
Konecranes Abp - Vice President - Investor Relations

Good morning, everyone, and welcome to Konecranes Q1 earnings conference. My name is Kiira Froberg, and I'm the Head of Investor Relations at Konecranes. Here with me today, I have our President and CEO, Anders Svensson; and our CFO, Teo Ottola.

Before we start a kind reminder, this presentation contains forward-looking statements. Next, Anders and Teo, will walk you through our Q1 results. Anders will start by discussing our group figures, after which Teo will focus on business segments. The presentation is followed by Q&A as always. Anders, I think it's now your turn.

Anders Svensson
Konecranes Abp - President, Chief Executive Officer, Member of the Group Executive Board

Thank you very much, Kiira, and welcome also from my side to this webcast for the first quarter of '24. Our demand, or we can start with a headline of the quarter, actually. It's record high Q1 profitability. And our demand environment remained healthy in the first quarter. Despite being down versus the

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