KCRNasdaq HelsinkiFarm & Heavy Construction MachineryIFRS · EUR

Konecranes Plc

Konecranes is a global leader in the material handling industry, known for setting industry standards through continuous improvements and breakthroughs. The company operates in over 50 countries, employing 16,500 people to provide lifting, handling, and moving solutions essential for various industries worldwide. Konecranes is listed on Nasdaq Helsinki and reported a revenue of €4.2 billion in 2024. Its operations span manufacturing, service, and sales of cranes and lifting equipment across multiple sectors.

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Revenue4,188m EUR
−0.9 %y/y
Operating profit (EBIT)542m EUR
+6.1 %y/y
EBIT margin13.0%
+0.9 ppy/y
Net income400m EUR
+8.5 %y/y
Free cash flow501m EUR
+14.6 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

01,0002,0003,0004,0005,000m EUR2021: 3,186 m EUR2021: EBIT 220 m EUR20212022: 3,365 m EUR2022: EBIT 223 m EUR20222023: 3,966 m EUR2023: EBIT 403 m EUR20232024: 4,227 m EUR2024: EBIT 511 m EUR20242025: 4,188 m EUR2025: EBIT 542 m EUR20254,188542
RevenueOperating profit (EBIT)
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Business

Share of revenue
Industrial Equipment40 %

Includes industrial cranes and lifting equipment for various sectors.

Port Solutions30 %

Comprises equipment and solutions for port and container handling.

Maintenance Services20 %

Offers maintenance and service solutions for cranes and equipment.

Spare Parts and Modernization10 %

Provides spare parts and modernization services for existing equipment.

Customers

Konecranes serves a diverse range of customers across multiple industries, including manufacturing, process industries, shipyards, ports, and terminals. The company's solutions are critical for customers seeking to enhance safety, productivity, and sustainability in their operations. Customers value Konecranes for its innovative products and reliable service, which are tailored to meet specific industry needs. The company's global presence allows it to support customers with localized service and expertise.

Manufacturing

Buys industrial cranes and maintenance services to improve efficiency.

Ports and Terminals

Purchases port solutions for container handling and logistics.

Process Industries

Requires lifting equipment and maintenance for operational reliability.

Shipyards

Needs specialized cranes and service solutions for shipbuilding.

Strategy

Konecranes focuses on deepening customer centricity and enhancing its product and service offerings. The company aims to drive growth and improve profitability through strategic investments in technology and innovation. Konecranes employs a dual go-to-market strategy, selling directly to end-users and through independent brands. The company is committed to sustainability, seeking to reduce carbon emissions through electrification and responsible business practices.

Customer CentricityMedium term

To better meet customer needs and expectations.

Technology and InnovationLong term

To maintain competitive edge and improve product offerings.

SustainabilityLong term

To reduce environmental impact and align with global trends.

Geography

Q3/2025

Konecranes operates globally with a strong presence in Europe, the Americas, and Asia-Pacific. The company's headquarters is located in Hyvinkää, Finland, with regional headquarters in the U.S., Singapore, and Finland for EMEA. This geographic diversity allows Konecranes to leverage regional expertise and provide localized support to its customers. The company's manufacturing facilities are strategically located across North and South America, Europe, Africa, the Middle East, and Asia, ensuring efficient production and distribution.

Europe, Middle East and Africa51 %
Americas37 %
Asia Pacific12 %

Share of the revenue the company reports by geography.

Risks

Konecranes faces several risks, including geopolitical tensions and protectionism that could disrupt supply chains and increase tariffs. The integration of acquired businesses poses challenges that could affect profitability if not managed effectively. The company is also exposed to operational risks related to workforce availability and safety. Additionally, strategic risks could impact long-term business objectives, while financial risks include potential goodwill impairment and currency fluctuations.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Geopolitical tensions1Operational workforce risks2Integration of acquisitions3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Geopolitical tensionsImpact: HighLikelihood: High

    Could disrupt supply chains and increase tariffs.

  2. Operational workforce risksImpact: HighLikelihood: Medium

    Availability and safety issues could impact operations.

  3. Integration of acquisitionsImpact: MediumLikelihood: Medium

    Challenges could affect profitability and lead to goodwill impairment.

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Accounting

Judgemental items
Revenue Recognition

Timing and method impact financial results, especially for large projects.

Currency Fluctuations

Global operations expose earnings to exchange rate changes.

Goodwill Impairment

Acquisitions increase risk of impairment losses.

Derivatives Accounting

Hedging requires fair value accounting to manage financial risks.

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Last updated: 24/09/2026

Konecranes Plc (KCR) Revenue, Earnings & Financials 2025 – Clarifo