Konecranes raised its full-year 2025 profit outlook on Friday, citing continued strong performance and efficient cost management.
The Finnish engineering group now expects its 2025 comparable EBITA margin, a key profitability metric, to improve from the previous year.
Previously, the company had forecast the margin would remain at a similar level or improve.
The company attributed the upgrade to strong execution, efficient cost management, and a continued "timing-related tailwind from the tariffs" in the fourth quarter.
This marks another upward revision for the company, which also raised its profitability guidance for 2024 in June.
The upgrade follows a strong third quarter where Konecranes reported a record-high profitability margin and a significant jump in orders.
Konecranes kept its 2025 sales forecast unchanged, expecting revenue to remain at approximately the same level as in 2024, when it recorded sales of 4.23 billion euros and a comparable EBITA margin of 13.1%.
More from this issuer
Related coverage
Finnish engineering group Konecranes reported a record-high quarterly profitability margin for the third quarter, driven by a significant increase in orders that pushed its order book to its highest level in over a year.