Konecranes reports continued order growth, forecasts 2011 operating profit similar to 2010
Crane and lifting equipment manufacturer Konecranes Oyj has reported continued growth in its order backlog. The company forecasts its operating profit for 2011 to be approximately at the same level as in 2010.
Konecranes Oyj, a global leader in lifting equipment and services, has announced a sustained increase in its order backlog. The company's financial outlook for 2011 anticipates operating profit to remain roughly on par with the previous year's results. This projection suggests resilience in a fluctuating economic climate.
While specific financial figures were not detailed in the statement, the company indicated that the order growth reflects an ongoing recovery in the global industrial sector. Konecranes highlighted its competitive position and the contribution of orders from emerging markets to this positive trend.
The forecast is based on current market conditions and the company's strategic outlook. Konecranes has emphasized its commitment to strengthening its market presence through diverse lifting solutions and comprehensive service offerings across various industries.
Looking ahead, Konecranes' performance will be closely tied to global economic trends and industrial investment activities. The company intends to continue its focus on product development and the expansion of its worldwide service network.