Hiab Oyj reported earnings results for the third quarter and nine months ended September 30, 2025. For the third quarter, the company reported sales was EUR 346.4 million compared to EUR 387.8 million a year ago. Net income was EUR 31.6 million compared to EUR 44.6 million a year ago. Basic earnings per share from continuing operations was EUR 0.45 compared to EUR 0.62 a year ago. Diluted earnings per share from continuing operations was EUR 0.45 compared to EUR 0.61 a year ago.
For the nine months, sales was EUR 1,159.9 million compared to EUR 1,235 million a year ago. Net income was EUR 134.3 million compared to EUR 1,226.2 million a year ago. Basic earnings per share from continuing operations was EUR 1.84 compared to EUR 1.98 a year ago. Diluted earnings per share from continuing operations was EUR 1.83 compared to EUR 1.98 a year ago.
Hiab Oyj (formerly Cargotec Oyj) is the world leader in the design, manufacturing, and sale of container handling and load handling equipment. The group offers crane rails and mounts, winches, cranes, lift trucks, movable merchandise transport systems, grapple loaders, etc.
Net sales break down by source of income into sales of products (71.9%), and services (28.1%; including installation and maintenance services).
Net sales are distributed geographically as follows: Finland (2.6%), Europe/Middle East/Africa (46.2%), the United States and Canada (41.6%), Americas (3%) and Asia/Pacific (6.6%).
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