Investor Presentaiton
3. Growing service & software business and asset-light
business model are increasing stability
Service and software* sales
MEUR
1,400
-5%
+8%
+1%
1230
+3%
+4%
1171
1178
+0%
1127
1,200
+10%
1090
1052
1053
168
+9%
130
166
955
147
1,000
152
873
121
148
108
800
107
600
1,062
980
1,005
1,049
931
905
938
400
847
766
200
Asset-light business model with a flexible cost
structure
Kalmar and Hiab: efficient assembly operation
MacGregor: efficient project management and
engineering office: > 90% of manufacturing and
30% of design and engineering capacity
outsourced
No in-house component manufacturing
Next steps to increase service and software
sales:
Improve service offering through digital solutions
Increase spare parts capture rates
0
2013
2014
2015
2016
2017
2018
2019
2020 Q3/21 LTM
Boost service contract attachment rates
Software
Services
CARGOTEC
* Software sales include automation software and, until 1 July 2021, the strategic business unit Navis
Investor presentation
November 2021
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