Core Points - Hiab Corporation will publish its half-year financial report for January–June 2025 on 23 July 2025 at approximately 8:00 a.m. EEST [1] - A live international telephone conference for analysts, investors, and media will be held on the same day at 10:00 a.m. EEST, presented by President and CEO Scott Phillips and CFO Mikko Puolakka [2] - The presentation material will be available on Hiab's website by 9:30 a.m. EEST on the publishing day [2] - Participants can register for the conference call via a provided link, and the event will also be available as a live webcast [3] - Hiab is a leading provider of smart and sustainable on-road load handling solutions, with sales in 2024 totaling approximately EUR 1.6 billion and employing over 4,000 people [5]

Core Points - Hiab Corporation announced an update on the closing timetable for the sale of its MacGregor business to funds managed by Triton, with the transaction subject to regulatory approvals [1] - Regulatory approvals have been obtained from various jurisdictions, including the European Union, but approval from the Chinese State Administration for Market Regulation (SAMR) is still pending [2] - The closing of the transaction is now expected by 1 October 2025, which is later than the initially expected date of 1 July 2025 [2] - MacGregor has been reported as part of discontinued operations since the fourth quarter of 2024, and the updated closing timetable is not expected to have a significant financial impact on the company [3] Company Overview - Hiab is a leading provider of smart and sustainable on-road load handling solutions, with a commitment to delivering the best customer experience [3] - The company has a global presence with an extensive network of 3,000 own and partner sales and service locations, enabling delivery to over 100 countries [3] - Hiab's continuing operations sales in 2024 totaled approximately EUR 1.6 billion, and the company employs over 4,000 people [3]

Core Points - Hiab Corporation has appointed its Shareholders' Nomination Board in accordance with the Charter approved at the Annual General Meeting on 26 March 2025 [1] - The Nomination Board consists of four members, with two appointed by the largest shareholders of class A shares and two by the largest shareholders of class B shares who do not own class A shares [2] - The Chair of Hiab's Board of Directors, Jukka Moisio, participates in the Nomination Board as an expert without voting rights [3] - The Nomination Board is responsible for preparing proposals regarding the number, election, and remuneration of the Board of Directors, to be submitted by the end of January before the Annual General Meeting [4] - Hiab's continuing operations sales in 2024 totaled approximately EUR 1.6 billion, and the company employs over 4,000 people [5]

Core Points - Hiab Corporation is investing EUR 19 million to expand and modernize its Multilift demountables production facility in Raisio, Finland [1] - The construction is set to begin in autumn 2025 and is expected to be completed by 2027, with no disruptions to current production [2] - The expansion aims to enhance production capabilities, improve employee well-being, and support sustainability goals [3] Investment Details - The investment will modernize production and office facilities, reduce energy consumption, and include a new showroom [1] - This year's expenditure is part of Hiab's total capital expenditure estimate of approximately EUR 80 million for 2025 [2] Facility Background - The Raisio plant has been operational since the late 1950s, with the current facility completed in the late 1970s to early 1980s [4] - The modernization follows previous development activities, including a major layout change and the implementation of a new factory production model [4] Company Overview - Hiab is a leading provider of smart and sustainable on-road load-handling solutions, with sales totaling approximately EUR 1.6 billion in 2024 and over 4,000 employees [5] - The company operates globally with a network of 3,000 sales and service locations, delivering to over 100 countries [5]

Core Insights - Hiab's profitability improved in Q1 2025, achieving a record-high comparable operating profit margin of 16.0% driven by strong execution across all divisions [3][9][17] - The company reported stable order intake for the tenth consecutive quarter, with orders received totaling EUR 378 million, a 2% decrease compared to the previous year [9][16] - Hiab's outlook for 2025 remains unchanged, estimating a comparable operating profit margin above 12.0% [4][19] Financial Performance - Orders received: EUR 378 million, down 2% from EUR 386 million in Q1 2024 [8][9] - Sales: EUR 411 million, a slight decrease of 1% from EUR 415 million in Q1 2024 [8][9] - Comparable operating profit: EUR 66 million, up 7% from EUR 61 million in Q1 2024, with a margin of 16.0% [8][10][17] - Profit for the period: EUR 46 million, a 10% increase from EUR 42 million in Q1 2024 [10][9] Segment Performance - Equipment segment orders received: EUR 258 million, down 6% from EUR 275 million in Q1 2024 [20] - Services segment orders received: EUR 120 million, an increase of 8% from EUR 111 million in Q1 2024 [20] - Equipment sales: EUR 294 million, down 1% from EUR 297 million in Q1 2024 [20] - Services sales: EUR 118 million, unchanged from EUR 117 million in Q1 2024 [20] Cash Flow and Financial Position - Cash flow from operations before finance items and taxes: EUR 127 million, down 27% from EUR 174 million in Q1 2024 [13][18] - Net cash position at the end of the quarter: EUR 117 million, expected to strengthen after the sale of the MacGregor business area [18][9] - Interest-bearing net debt: -EUR 261 million, indicating a strong balance sheet [13] Strategic Outlook - Hiab aims to achieve its 2028 financial targets, with a 10-year average annual sales growth target of 7% [19] - The company continues to navigate market uncertainties due to elevated trade tensions while maintaining a focus on operational excellence and growth [19][16]

Core Viewpoint - Hiab Corporation is set to publish its interim report for January–March 2025 on April 30, 2025, at 8:00 a.m. EEST, highlighting the company's commitment to transparency and communication with stakeholders [1]. Group 1 - The live international telephone conference for analysts, investors, and media will take place on the same day at 10:00 a.m. EEST, featuring presentations by President and CEO Scott Phillips and CFO Mikko Puolakka [2]. - Presentation materials for the conference will be available on Hiab's website by 9:30 a.m. EEST [2]. - Participants can register for the teleconference via a provided link, and questions can be asked during the event [3]. Group 2 - The conference will also be accessible as a live webcast, with a recorded version available later on Hiab's website [4]. - Hiab is a leading provider of smart and sustainable on-road load-handling solutions, with sales in 2024 totaling approximately EUR 1.6 billion and employing over 4,000 people [5]. - The company operates through an extensive network of 3,000 sales and service locations globally, enabling delivery to over 100 countries [5].