Investor Presentaiton
Capex and R&D
Capital expenditure
MEUR
Research and development
MEUR
160
160
4.0%
140
140
3.5%
120
120
3.0%
100
100
2.5%
80
80
2.0%
60
60
1.5%
40
40
1.0%
20
20
0.5%
0
0
0.0%
2013
2014
2015
2016
2017
2018 2019**
2020***
2013
2014 2015
2016
2017
2018
2019
2020
ā Depreciation*
Customer financing
Capex
R&D expenditure
% of sales
Main capex investments:
Kalmar innovation centre in Ljungby, Sweden
Investments in multi-assembly units in Kalmar and Hiab
Intangible assets, such as global systems to improve
efficiency in operational activities and support functions
CARGOTEC
R&D investments focused on
Themes supporting our climate targets such as
digitalisation, electrification and automation
Competitiveness and cost efficiency of products
*) Including amortisations and impairments
**) depreciation increased due to IFRS 16 implementation
"") depreciation includes impairments worth EUR 16 of which EUR 16 has been booked as restructuring costs
Investor presentation
November 2021
60View entire presentation