Material handling equipment manufacturer Konecranes Plc. (K34.F) on Thursday announced an increase in pre-tax profit and revenue for the second quarter of 2025.
Profit Before Taxes climbed to 132.6 million euros, up 0.5% from 131.9 million euros in the prior year.
Net Profit rose 0.7 percent to 100.4 million euros, from 99.7 million euros in the prior year.
Quarterly earnings per share reached 1.27 million euros, up from 1.26 million euros in the prior year.
Sales recorded a two percent increase to 1.052 billion euros, while it was 1.031 billion euros in the previous year. On a comparable currency basis, sales were 5.3% higher.
Comparable EBITDA was 175.1 million euros, up 3.7% from 168.9 million euros in the prior year.
Comparable Operating Profit increased 1.3 percent to 141.6 million euros, from 139.7 million euros in the previous year.
Operating Profit was 136.9 million euros, down 0.7% from 137.8 million euros in the prior year.
Currently, shares of Konecranes are at $70.10, up $2.30 or 3.39%
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