Cargotec Investor Presentation
3. Growing service & software business and asset-light
business model are increasing stability
Service and software* sales
MEUR
1,300
1,230 -5%
+8%
1,171
1,200
1,126
1,090
168
1,100
1,052 1,053
+3%
+10%
+4%
166
+0%
147
1,000
955
152
121
149
+9%
873
900
108
800
107
700
600
1,062
500
980
1,005
931
905
938
847
400
766
300
200
100
0
2013
2014
2015
2016
2017
2018
2019
2020
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
Boost service contract attachment rates
■Services
Software
Total
CARGOTEC
*) Software sales defined as Navis business unit and automation software
Investor presentation
April 2021
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