Business description: Hiab Oyj

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%).

Number of employees: 4,097

Sales by Activity: Hiab Oyj

Fiscal Period: December 2020 (EUR) 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR)

Hiab

1.09B 1.25B 1.58B 1.79B 1.65B

Kalmar

1.53B 1.51B 1.94B 2.05B -

Mac Gregor

642M 553M 569M 733M -

Group Administration

-1.2M -700K -1.3M -400K -
See all business segments

Geographical breakdown of sales: Hiab Oyj

Fiscal Period: December 2020 (EUR) 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR)

Other EMEA (Europe, Middle East, Africa)

1.53B 1.57B 1.85B 1.97B 762M

Northern America (includes The United States and Canada)

- - - - 685M

Asia-Pacific

- - - - 108M

Other Americas

177M 200M 321M 318M 50M

Finland

79.2M 70.9M 67.7M 93.9M 42.2M

United States of America (USA)

813M 833M 1.16B 1.4B -

Other Asia-Pacific

483M 464M 526M 616M -

China

184M 177M 162M 176M -
See all geographic segments

Executive Committee: Hiab Oyj

Manager TitleAgeSince
Chief Executive Officer 60 01/04/2025
Director of Finance/CFO 57 01/05/2016
Sales & Marketing 53 01/04/2023
Investor Relations Contact - -
General Counsel 51 01/01/2006
See HIAB OYJ governance

Composition of the Board of Directors: Hiab Oyj

Director TitleAgeSince
Chairman 67 30/05/2024
Director/Board Member 55 01/04/2025
Director/Board Member 65 23/03/2023
Director/Board Member 63 23/03/2023
Director/Board Member 60 30/05/2024
Chairman 64 01/01/2025
Director/Board Member 60 30/05/2024
Director/Board Member 54 30/05/2024
Composition of the Board of Directors

Shareholders: Hiab Oyj

NameEquities%Valuation
11.26 %
6,213,346 11.26 % 362 M €
Evli Fund Management Co. Ltd.
1.402 %
773,603 1.402 % 45 M €
1.385 %
764,050 1.385 % 44 M €
Carnegie Fonder AB
0.9681 %
534,234 0.9681 % 31 M €
SEB Wealth Management Finland Ltd.
0.598 %
330,000 0.598 % 19 M €
NameEquities%Valuation
4.544 %
2,940,067 4.544 % 171 M €
OP Asset Management Ltd.
1.033 %
668,541 1.033 % 39 M €
Fineco Asset Management DAC
0.1292 %
83,580 0.1292 % 5 M €
Coeli Asset Management AB
0.0918 %
59,405 0.0918 % 3 M €
Mandatum Asset Management Ltd.
0.051 %
33,000 0.051 % 2 M €
List of HIAB OYJ shareholders

Holdings: Hiab Oyj

NameEquities%Valuation
764,050 1.38% 44 M $

Company details: Hiab Oyj

Cargotec Oyj

Itamerenkatu 25

00180, Helsinki

+358 2077 74000

http://www.hiabgroup.com
address Hiab Oyj(HIAB)

Group companies: Hiab Oyj

NameCategory and Sector
Trucks/Construction/Farm Machinery
Trucks/Construction/Farm Machinery
See all subsidiaries

Other Heavy Machinery & Vehicles

Change 5d. change 1-year change 3-years change Capi.($)
+0.10%+2.28%+7.02%+8.77% 3.87B
-1.24%+0.90%+11.26%+79.63% 64.89B
-1.57%+0.44%+4.13%+39.15% 37.78B
+0.05%+2.22%+51.45%+156.89% 37.13B
+0.42%+3.71%+27.13%+90.60% 32.2B
+1.11%-0.48%+6.36%+6.01% 29.05B
-1.31%-2.24%+36.84%+62.99% 18.85B
-0.56%-1.67%-21.75%-2.38% 17.31B
-0.61%-3.58%+26.08%+26.62% 16.97B
+0.09%+0.70%+70.02%+56.72% 16.03B
Average -0.38%+0.18%+21.85%+52.50% 27.41B
Weighted average by Cap. -0.57%+0.59%+21.03%+66.06%
See all sector performances
Trader
Investor
Global
Quality
ESG MSCI
AA
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
51.05EUR
Average target price
54.75EUR
Spread / Average Target
+7.25%
Consensus

Quarterly revenue - Rate of surprise