Cavotec Q2 FY26 EBIT loss widens to EUR 2.2 million; revenue rises 25.3% to EUR 44.7 million
Reuters2026/07/24 05:06By:Reuters
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Cavotec posted a Q2 operating loss of EUR 2.2 million, widening from EUR 0.7 million, as the EBIT margin fell 3 percentage points to -5.0%.
- Revenue climbed 25.3% to EUR 44.7 million, while order intake rose 11.3% to EUR 49.4 million.
- Net loss widened to EUR 3.3 million as operating cash flow turned negative at EUR 1.6 million.
- First-half order intake jumped 49.6% to EUR 109.1 million, lifting order backlog 24.8% to EUR 155.8 million.
- Management cited mix effects from low-margin shore power projects and reiterated confidence in second-half backlog margins alongside EUR 3 million cost cuts by early 2027.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cavotec Group AB published the original content used to generate this news brief on July 24, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
DOGE targets rebound as TD Sequential signals buy, whales hold 130 billion tokens
Cointurk•2026/09/12 20:09
Crypto Liquidity Is Moving – Here’s Where the Money Is Going
Coinpedia•2026/09/12 18:30

Fed Rate Hike Odds Jump to 87% as FOMC Meeting Nears
Coinpedia•2026/09/12 18:30

Next 1000x Meme Coin Race: 7 Top Coins to Watch as Apeing’s 10% Referral Rewards Raise the Stakes
TimesTabloid•2026/09/12 17:21

Crypto prices
MoreBitcoin
BTC
$77,137.2
-0.14%
Ethereum
ETH
$2,519.99
-0.31%
Tether USDt
USDT
$0.9997
+0.00%
BNB
BNB
$726.73
-0.01%
XRP
XRP
$1.37
+0.30%
USDC
USDC
$0.9998
-0.00%
Solana
SOL
$101.43
-0.71%
TRON
TRX
$0.3398
+0.43%
Hyperliquid
HYPE
$79.83
-0.84%
Zcash
ZEC
$1,123.18
-4.73%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now