Cargotec - Company Announcement

Cargotec reduces its 2012 operating profit margin guidance to approximately 5 percent

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 15 OCTOBER 2012 AT 09:25 AM EEST

Cargotec reduces its full-year 2012 operating profit margin guidance given in
July. Due to cost overruns, the profitability of large projects in the Terminals
business area fell below expectations in the third quarter, and therefore also
the fourth quarter performance is expected to remain below previous
expectations. Cargotec's guidance is also affected by slippages of deliveries
over the year-end into 2013 in the Marine business area.

The operating profit margin for 2012 is expected to be approximately 5 percent
excluding non-recurring costs. Sales are still expected to grow from 2011.
Earlier guidance was for sales to grow from 2011 and the operating profit margin
to be approximately 6 percent.

According to preliminary results, Cargotec's third quarter order intake was EUR
719 million, sales EUR 794 million and operating profit margin 4.9 percent.
Cargotec will report its third quarter results on 25 October 2012.

Cargotec has started measures to improve its operating profit. These measures
are estimated to result in non-recurring restructuring costs during the final
quarter of the year. The exact amount of the restructuring costs will be
specified after the ongoing employee cooperation negotiations have been
concluded.

Further information:
Eeva Sipilä, Executive Vice President, CFO, tel. +358 20 777 4105
Anne Westersund, Vice President, Communications and Marketing, tel.
+358 20 777 4460

Cargotec improves the efficiency of cargo flows on land and at sea - wherever
cargo is on the move. Cargotec's daughter brands, Hiab, Kalmar and MacGregor are
recognised leaders in cargo and load handling solutions around the world.
Cargotec's global network is positioned close to customers and offers extensive
services that ensure the continuous, reliable and sustainable performance of
equipment. Cargotec's sales totalled EUR 3.1 billion in 2011 and it employs
approximately 10,500 people. Cargotec's class B shares are quoted on the NASDAQ
OMX Helsinki. www.cargotec.com




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