Konecranes Q3 Sales Beat Estimates, While Orders and Adjusted EBITA Miss
Konecranes reported Q3 sales of €1,101.5 million and EBIT of €162.7 million, but orders and adjusted EBITA fell short of estimates, Reuters reported.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
Finnish crane maker Konecranes Oyj published its third-quarter results, Reuters reported. Orders came in at €1,011.3 million against an estimate of €1,166 million. Sales slightly beat expectations, reaching €1,101.5 million versus an estimate of €1,099 million.
EBIT was €162.7 million, with an EBIT margin of 14.8%. Pretax profit stood at €156.6 million and net income at €119 million. Adjusted EBITA was €172.2 million, below the €191 million estimate.
For 2026, the company expects net sales to remain about on the same level as 2025 or to increase, and its comparable EBITA margin to stay about on the same level.
why it matters
The main weakness in the report is the soft order intake and the adjusted EBITA miss, since orders drive factory utilisation in coming quarters. The 2026 guidance looks cautious, with no firm growth promised and margins expected to hold steady. For the market, this is a sign of restraint in the industrial equipment sector.
market impact
Konecranes and industrial equipment stocks: weak orders and EBITA below forecast put pressure on the shares
tags
instruments
sources
- Konecranes Reports Q3 EBIT Of €162.7 Million — Reuters, 23 October 2026 at 08:52 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗