Important announcement! As we approach Cargotec's transformation into Hiab, with Hiab becoming a standalone company on 1 April*, this page and its followers will be merged with the Hiab page. You can continue to follow our journey and get all the latest news and information on the official Hiab page. Be sure to follow Hiab to stay up-to-date on everything happening as we move towards this exciting new chapter! Read more about the transformation on our website: https://lnkd.in/dei2fSPb *Official name change subject to AGM approval on Wednesday, 26 March 2025. Closing of the sale of MacGregor expected by 1 July 2025 at the latest.
About us
Cargotec Corporation is now Hiab Corporation after a name change on 1 April 2025. Hiab now trades as an independent company on Nasdaq Helsinki. Follow Hiab on LinkedIn: https://www.linkedin.com/company/hiab/
- Website
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http://www.hiabgroup.com
External link for Cargotec
- Industry
- Industrial Machinery Manufacturing
- Company size
- 1,001-5,000 employees
- Headquarters
- Helsinki
- Type
- Public Company
- Specialties
- loading and unloading of goods, marine cargo handling, load handling, container and heavy material handling, and offshore load handling
Locations
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Primary
Get directions
Porkkalankatu 5
Helsinki, 00180, FI
Employees at Cargotec
Updates
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Cargotec has published its financial statements review for 2024. During the year, we executed the transformation of the company according to the targets set in 2023. We have also published our outlook for 2025. Check the key figures and highlights from this post, and find the full report on our website: https://lnkd.in/d-bwXHJ. #CargotecIR Hiab
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High interest in our investment case as Scott Phillips, President of Hiab was presenting at SEB Nordic Seminar. Thank you for hosting us. Hiab is global load handling specialist with a compelling financial profile and great future prospects. Our key investment highlights include: 1. Leading market positions in growing and attractive essential industries 2. Continued innovation and focused segment strategy to grow faster than the market 3. Expanding leading position in growing North American market 4. Accelerating Services growth 5. Operating model enabling incremental efficiency improvement 6. Best-in-class financial profile with further value creation potential through M&A Cargotec is planning to change its name to Hiab on 1 April as Hiab will be the only business left in the company. Cargotec's financial statements review 2024 will be published on 12 February 2025, stay tuned. #HiabIR #CargotecIR
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Another productive day on the road explaining Cargotec’s transformation journey and future potential. Hiab’s strategy to continue to grow and further improve profitability created a lot of investors interest as our CFO Mikko Puolakka and IR Aki Vesikallio were visiting Frankfurt. Thank you Samuli Latostenmaa and Nordea Markets, Corporates & Institutions for the arrangements. #HiabIR #CargotecIR
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