*

Hitt og þetta 24. apríl 2006

Cargotec Corporation reports 3-month operating profit of EUR51.0m

Nordic Business Report-April 24, 2006-Cargotec Corporation reports 3-month operating profit of EUR51.0m
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

Finnish cargo-handling solutions provider Cargotec Corporation, formerly part of KONE Corporation, reported on Monday (24 April) an operating profit of EUR51.0m on net sales of EUR613.9m for the financial quarter January-March 2006.

Both operating profit and net sales for the three-month period increased, respectively from EUR36.7m and EUR550.4m, as compared to pro forma figures for January-March 2005.

One euro (EUR) is worth approximately 0.69 British pounds (GBP).

((Comments on this story may be sent to tww.feedback@m2.com))