The year 2022 was solid for Konecranes. Our group-level sales totaled EUR 3.4 billion, up from last year’s EUR 3.2 billion and the adjusted EBITA margin reached 9.5 percent. Order intake was up 23.7 percent in 2022, reaching EUR 3.9 billion, and our order book continued strong at EUR 2.9 billion at the end of December.
While our performance was solid, the year was in many ways unprecedented. The war in Ukraine has caused immense human suffering and business disruption, also at Konecranes.
Anders Svensson, President and CEO
The year 2022 was solid for Konecranes. Our group-level sales totaled EUR 3.4 billion, up from last year’s EUR 3.2 billion and the adjusted EBITA margin reached 9.5 percent. Order intake was up 23.7 percent in 2022, reaching EUR 3.9 billion, and our order book continued strong at EUR 2.9 billion at the end of December.
While our performance was solid, the year was in many ways unprecedented. The war in Ukraine has caused immense human suffering and business disruption, also at Konecranes.
Anders Svensson, President and CEO
Konecranes in 2022
As the war in Ukraine broke out, we made the safety of our people in Ukraine our top priority. The production at our factory in Zaporizhzia was stopped. Payments of salaries and wages to our Ukrainian employees continue. Konecranes condemns Russia’s aggression towards Ukraine and has decided not to take any new business from Russia. We also cancelled all Russian maintenance agreements and divested our Russian Service business to local management.
We partnered with customers across the globe to boost their productivity and sustainability with our eco-optimized products. We published numerous deals on our hybrid RTGs, the Generation 6 electric mobile harbor cranes and industrial solutions supporting eco-transformation, all while extending the lifecycles of products through our service offering.
Sales totaled EUR 3.4 billion in 2022, up 5.6 percent. Adjusted EBITA margin reached 9.5 percent, slightly down from last year’s 9.8 percent. The full-year order intake was EUR 3.9 billion, up 23.7 percent, and the order book totaled EUR 2.9 billion at the end of December.
Supply chain constraints, inflation and material availability concerns continued to impact our operations, but we were able to tackle those to reach a solid performance.
Sustainability
We work for a decarbonized and circular world together with our customers and partners, harnessing our technological leadership and commitments to provide low-carbon alternatives in the critical industries we serve.