Konecranes has released its interim financial report for Q1 2025 revealing a 7.7% increase in sales on Q1 2024.

Orders received for the period were also a healthy EUR1.06 billion (USD1.2 billion), a jump of 16.8% on Q1 24, while comparable operating profit for the period was EUR100.3 million (USD113.87 million), a 6.8% increase year-on-year.

The Finnish crane producer says of the figures: “Our demand environment within industrial customer segments has remained good and continues on a healthy level. That said, the demand-related uncertainty and volatility due to the geopolitical and trade policy tensions have increased compared to the previous quarters.”

Konecranes says it expects net sales to remain approximately on the same level in 2025 compared to 2024 with the full-year 2025 comparable EBITA margin to remain approximately on the same level or to improve from 2024.

CEO Anders Svensson says: “Konecranes had a good start to the year and reported a solid Q1”. 

“Despite the increased macro-related uncertainty, our orders received grew year-on-year and deliveries continued on a strong level,” Svensson adds. “Profitability remained the same as a year ago, and we posted a comparable EBITA margin of 11.1%.

“Although macro indicators signaled sluggish market conditions in Q1 and global trade uncertainty increased towards the end of the quarter, our demand environment remained good. 

“Order intake increased 15.9% year-on-year in comparable currencies, and we saw year-on-year order growth in all three Business Areas. Our order book grew sequentially and exceeded EUR2.9 billion (USD3.2 billion) at the end of March.”