Konecranes

Konecranes reports for Q1 2026 the highest comparable EBITA margin ever recorded in a first quarter at 11.6%, although net sales declined 4.8% on a currency-adjusted basis to EUR 908 million. Order intake rose to EUR 1,066 million (+3.7% currency-adjusted) and the order book climbed to EUR 3,175 million (+9.8% currency-adjusted). The company cited a favorable product mix, disciplined pricing and cost control as margin drivers, converted net debt into net cash of EUR 185 million, and confirmed its outlook for 2026. The stock fell about 14% to EUR 30.33 after the release, as investors priced in volatility and execution risks amid declining volumes. » More on de.investing.com

Konecranes reported a record EBITA margin of 11.6% in Q1 2026, along with a comparable net sales decline of about 5% and an order backlog of EUR 3.2bn. The stock fell 14.21% after the figures, driven by concerns about falling shipment volumes and geopolitical supply risks in the Middle East. The company confirms its 2026 outlook and expects stable to slightly rising sales and a similar EBITA margin, supported by the strong order backlog. » More on de.investing.com

Konecranes shares dropped about 6% after the annual general meeting approved a stock split that will issue two additional new shares for each existing share (a total of 158,443,812 new shares). The new shares are not eligible for the dividend of €2.25 per share approved by the meeting; dividend entitlement applies to shareholders on the record date of 30 March, with payment on 8 April. The meeting confirmed board elections and set remunerations, and also authorized buybacks of up to 22,500,000 shares (about 9.5% after the split) as well as the issuance of up to 22,500,000 new shares until no later than 26 September 2027. » More on de.investing.com