Cavotec: Strong order intake and improved profitability - ABG

Orders +43%, sales -3% vs. ABGSCe
EBIT adj. EUR 3.8m, for a margin of 8.3% (vs. ABGSCe 3.3m, 7%)
Strong order intake, book-to-bill above 1 (1.35)


Q4 results

Cavotec reported strong order intake of EUR 61m (+43% vs. ABGSCe 43m), +52% y-o-y, driven to a large extent by shore power orders in the Ports & Maritime segment. Sales came in at EUR 45m (-3% vs. ABGSCe 47m), -15% y-o-y. The company continued to improve its profitability and EBIT adj. came in strong at EUR 3.8m (+15% vs. ABGSCe 3.3m), for a margin of +8% (ABGSCe +7%). The company writes that EBIT has been adjusted for non-recurring costs related to the investigation of potentially moving its registered office from Switzerland to Sweden. Additionally, FCF lease adj. came in at EUR 0.92m (-25% vs. ABGSCe 1.2m).

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/cavotec/Equity-research/2025/2/cavotec---strong-order-intake-and-improved-profitability/