Economic Uncertainty
Affects demand and component availability
- Materiality
- high
Hiab Oyj
Hiab is a Finnish company specializing in load handling solutions, known for its innovative equipment and services. It operates within the industrial sector, focusing on providing smart and sustainable solutions for material handling. Hiab's product portfolio includes equipment for construction, waste management, recycling, defense logistics, and last-mile delivery. The company is committed to enhancing operational efficiency and sustainability through advanced technologies and strategic acquisitions, such as the purchase of ING Cranes to strengthen its position in Brazil.
| % | |
|---|---|
| Equipment | 71% Includes truck-mounted cranes, demountables, and tail lifts |
| Services | 29% Covers maintenance and support services for equipment |
Hiab serves a diverse range of customers across various industries, including construction, waste management,...
- Constructionprimary
Purchases truck-mounted cranes and demountables for building projects
- Waste Managementsecondary
Uses forestry and recycling cranes for efficient operations
- Defense Logisticsemerging
Requires durable and adaptable load handling systems
Hiab has a strong presence in the EMEA region, which accounts for the majority of its orders and revenue...
- •Strongest presence in the EMEA region, accounting for 54% of revenue
- •Significant growth potential in North America, with 39% of revenue
- •Emerging opportunities in the Asia-Pacific region, contributing 8% of revenue
- •Strategic acquisition in Brazil to strengthen market position
- •Manufacturing and assembly operations in Finland, Poland, and Italy
Hiab's strategic priorities focus on achieving sustainable growth through innovation and operational efficiency...
01
Revenue Growthlong-term
To achieve sustainable growth and market leadership
02
Operational Efficiencymedium-term
To enhance profitability and competitiveness
03
Sustainabilitylong-term
To align with global trends and customer expectations
Hiab faces several risks, including economic uncertainty, geopolitical tensions, and supply chain disruptions that can...
Trade Policy Changes
Impact pricing and operational complexity
- Materiality
- high
Climate Change
Requires strategic management for emission commitments
- Materiality
- medium
Revenue Recognition
Goodwill and Intangible Assets
Lease Accounting
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: 11/08/2026