25.11.2005

Hiab sales up 22% OI up 40%

Hiab sales for the first nine months of 2005 are up by 22 percent compared to 2004, to €614 million. Operating income rose by 40 percent to €46 million, 7.5 percent of revenues. Order in take climbed only marginally to $596 million.

Hiab is now part of Finnish based Cargotec, which earlier this year completed its separation from the Kone and the Partek group.