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Kalmar (KALMAR) investor relations material
Kalmar SEB Nordic Seminar presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 highlights and financial performance
Record-high comparable operating profit margin of 13.8%, driven by services and efficiency improvements.
Services orders increased, while equipment orders declined; sales totaled €436 million in Q3 2025.
Eco portfolio accounted for 46% of sales, with a 17% year-on-year increase in eco portfolio sales.
Profit for the period rose 24% year-on-year to €44.7 million; return on equity reached 22.8%.
Outlook for 2025 unchanged: comparable operating profit margin expected above 12%.
Market environment and growth drivers
Global heavy material handling market projected to grow at ~4% annually from 2023 to 2028.
Electrification segment expected to grow 28% annually, with electric vehicles offering up to 2x revenue per unit.
63% of customers plan zero or low emission capex by 2028; 11% of equipment orders were fully electric in Q3 2025 LTM.
Global GDP, container throughput, and manufacturing output forecast to grow steadily through 2028.
Connected fleet base exceeds 68,000 units, with 14,500+ connected equipment and positive activity trends.
Electrification, automation, and sustainability
Electrification and automation are key market drivers, with new lithium-ion battery solutions and DC charging partnerships launched.
Electric reachstackers offer up to 24% lower total cost of ownership over five years compared to diesel.
Fully automated terminal solutions deployed, including industry firsts in safety and automation at major ports.
Strategic partnerships and modernization agreements support sustainable growth and service expansion.
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