Core Insights - Kalmar Corporation has secured a significant order to supply 16 hybrid straddle carriers to Transnet Port Terminals (TPT) for operations at Cape Town and Port Elizabeth container terminals, with delivery expected in Q2 2026 [1][3]. Group 1: Company Overview - Kalmar is a global leader in sustainable material handling equipment and services, operating in over 120 countries and employing approximately 5,200 people. In 2024, the company's sales reached approximately EUR 1.7 billion [5]. - Transnet Port Terminals provides integrated cargo handling services across Southern Africa, operating 16 sea-cargo terminals and a diverse fleet of equipment including diesel electric straddle carriers and RTGs [2]. Group 2: Order Details - The hybrid straddle carriers will be the first of their kind delivered to a customer in Southern Africa, with 12 units designated for Port Elizabeth and 4 for Cape Town [3]. - The new machines are expected to significantly reduce fuel consumption, noise, and carbon emissions, aligning with TPT's commitment to improving efficiency and sustainability [4]. Group 3: Strategic Partnership - TPT views the hybrid straddle carriers as crucial for enhancing operational excellence and sustainability in cargo handling, highlighting the strong partnership with Kalmar [4]. - Kalmar emphasizes its role as a partner in TPT's journey towards more sustainable and cost-efficient operations, reflecting a long-standing supplier-customer relationship [4].

Core Insights - Kalmar Corporation reported strong financial performance in the second quarter of 2025, with a resilient comparable operating profit margin of 13.1% and robust order intake despite geopolitical challenges [4][12][10] Financial Performance - Orders received increased by 20% year-on-year, totaling EUR 450 million, with strong growth in the Equipment segment, which saw a 28% increase [5][12][22] - Sales for the second quarter grew modestly by 1% to EUR 420 million, while the first half of 2025 saw a 4% decline in sales compared to the same period in 2024 [6][12][24] - Comparable operating profit amounted to EUR 54.9 million, reflecting a 5% increase from the previous year, with a comparable operating profit margin of 13.1% [6][12][26] - Cash flow from operations before finance items and taxes was EUR 21.9 million, with a strong cash conversion rate of 95% over the last twelve months [6][12][18] - Net debt decreased by 42% from EUR 157 million to EUR 91 million, resulting in a healthy leverage ratio of 0.4x [6][12][18] Strategic Initiatives - The company is focused on innovation and sustainability, with its eco portfolio representing 44% of total sales, which increased by 9% year-on-year [8][12][18] - Kalmar's commitment to sustainability is underscored by the approval of its science-based emissions reduction targets, aiming for net-zero by 2045 [8][12][10] - The Driving Excellence initiative has secured approximately EUR 16 million in annualized gross efficiency improvements during the first half of 2025 [6][12][10] Market Environment - Despite a strong performance, the global landscape remains volatile due to trade tensions and geopolitical uncertainties, particularly affecting demand in the Americas [7][12][10] - The demand environment was generally favorable, with strong growth in Europe and solid performance in the AMEA region, although the US market faced increased uncertainty [5][12][10] Future Outlook - Kalmar maintains its guidance for 2025, expecting a comparable operating profit margin above 12% [3][10] - The company emphasizes its strategic focus on customer proximity, sustainable innovations, and expanding its service offerings to drive future growth [15][12][10]

Core Insights - Kalmar has secured a significant order to supply 11 hybrid straddle carriers to Seayard for the FOS2 XL container terminal in Fos-sur-Mer, France, with delivery expected by Q2 2026 [1][3]. Company Overview - Kalmar is a global leader in sustainable material handling equipment and services, headquartered in Helsinki, Finland, operating in over 120 countries with approximately 5,200 employees. In 2024, Kalmar's sales reached approximately EUR 1.7 billion [5]. Environmental Impact - The new hybrid straddle carriers will enable Seayard to significantly reduce fuel consumption and CO2 emissions compared to traditional diesel-powered machines, while also generating less noise [3]. Operational Efficiency - The MyKalmar INSIGHT performance management tool will provide Seayard with actionable insights to enhance fleet operations and identify efficiency improvement areas [3][4]. Strategic Partnership - The partnership between Kalmar and Seayard is strengthened through this order, with a focus on optimizing fuel consumption and improving operational reliability [4].