Konecranes increases sales as Port Solutions order intake falls

Konecranes reported higher net sales in the third quarter of 2026, while order intake declined year-on-year. In Port Solutions, net sales and the comparable EBITA margin improved despite lower order intake.

Group net sales rose by 11.4% year-on-year to €1,101.5m in July-September, up from €988.7m. Order intake fell by 12.0% to €1,011.3m, compared with €1,148.6m a year earlier. Comparable earnings before interest, taxes and amortisation (EBITA) increased to €172.2m from €164.9m. However, the comparable EBITA margin fell to 15.6% from 16.7%. Free cash flow decreased to €145.8m from €214.2m.

For the first nine months of 2026, group order intake increased by 0.3% to €3,318.2m, while net sales remained broadly stable at €3,028.8m. The order book grew by 8.0% to €3,302.3m at the end of September, or by 6.9% at comparable exchange rates. For January-September, comparable EBITA fell to €407.4m from €424.2m, while the comparable EBITA margin declined to 13.4% from 14.0%. Free cash flow was €160.2m, down from €391.4m a year earlier.

Port Solutions recorded higher net sales in the third quarter, supported by increased deliveries. Order intake declined compared with the same period last year. The segment’s comparable EBITA margin improved to 12.0% from 11.8%, mainly driven by higher volumes.

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