Konecranes was forced to issue a profit warning this week. Although demand for its products has remained good, global component and material availability and other supply chain issues, as well as Covid-19-related challenges, continued to impact its delivery capability in Q2.
The manufacturer said that these issues are expected to continue, and as a result, Konecranes lowered its full-year 2022 guidance.
Konecranes said that it expects net sales to remain on the same level or to increase in full-year 2022 compared to 2021. It expects the adjusted EBITA margin to remain on the same level or to decrease in full-year 2022 compared to 2021. In 2021, Konecranes net sales totalled EUR3.18 billion (USD3.19 billion) and adjusted EBITA margin was 9.8 percent.
