Kalmar has released its financial results for H1, reporting equipment orders for the half increased 28% year-on-year (y-o-y) and, despite “trade tensions increasing uncertainty of the global growth outlook”, has maintained a comparable operating profit margin forecast of a 12% increase in 2025.

Total orders for H1 2025 were EUR931 million (USD1.08 billion), a 20% y-o-y increase, while orders for Q2 were reported as being EUR450 million (USD522.6 million), also a 20% jump.

H1 operating profit was EUR99.6 million (USD115.7 million), a 22% y-o-y increase, while Q2 operating profit was EUR53.9 million (USD62.6 million), a 50% y-o-y rise.

Kalmar’s president and CEO, Sami Niiranen, says the second quarter was strong for Kalmar “despite increased trade tensions and a challenging geopolitical landscape”.

“This solid performance was achieved amidst an overall favourable global demand environment, though it became somewhat subdued in the Americas towards the end of the quarter,” Niiranen continues.

“Overall, we saw strong growth in Europe and solid performance in AMEA. However, the US distribution end-customer segment demand was hampered by increased market uncertainty.

“While the Q2 performance was strong, the global landscape continues to be volatile. The world today presents an increased level of uncertainties related to tariffs, ongoing geopolitical tensions, and the global growth outlook. 

“It is still difficult to draw definitive conclusions on how these factors will affect our industry, the demand environment, and global trade. However, we are monitoring the situation closely and have implemented tariff surcharges or tariff related price adjustments across divisions to a majority of our customers. We are prepared to continue to act swiftly if needed.”