Cargotec Corporation operates in the Industrial trucks and tractors sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Cargotec with three other
truck and trailer manufacturers in Europe:
sales of 2.31 billion Euro [US$2.61 billion]
of which 92%
was Leisure Vehicles),
Manitou BF S.A.
(1.88 billion Euro [US$2.12 billion]
based in Germany
(3.80 billion Euro [US$4.28 billion]
of which 78%
Cargotec reported sales of 3.30 billion Euro (US$3.72 billion)
December of 2018.
a very small
increase of 0.7%
versus 2017, when the company's sales were 3.28 billion Euro.
Despite this increase, sales are still
below the level achieved in 2016, when Cargotec
reported sales of 3.51 billion Euro.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Cargotec had sales
of 3.18 billion Euro.
Sales of Hiab saw an increase
that was more than double the company's growth rate: sales were up
6.0% in 2018, from
1.08 billion Euro to 1.15 billion Euro.
Not all segments of Cargotec experienced an increase in sales in 2018:
sales of Macgregor fell 6.5% to 537.90 million Euro.
Cargotec also experienced decreases in sales in
Kalmar (down 0.3% to 1.62 billion Euro)