Konecranes Oyj - Company Announcement

KONECRANES CAPITAL MARKETS DAY ON SEPTEMBER 11, 2012: CONTINUED STRONG ORDER INTAKE DESPITE THE GLOBAL ECONOMIC UNCERTAINTIES

KONECRANES PLC  STOCK EXCHANGE RELEASE  September 11, 2012 at 8.30

KONECRANES CAPITAL MARKETS DAY ON SEPTEMBER 11, 2012: CONTINUED STRONG ORDER
INTAKE DESPITE THE GLOBAL ECONOMIC UNCERTAINTIES 

Konecranes is arranging a Capital Markets Day (“CMD”) for analysts and
institutional investors in Hyvinkää and Hämeenlinna, Finland, today on
September 11. The theme of the CMD is “Changing the game”. The presentations
will discuss Konecranes' vision on the basis of technology and development
towards real-time services. The presentations will cover Konecranes' geographic
expansion particularly in emerging markets. In addition, fresh insights will be
provided into port automation. 

In his presentation, President and CEO Pekka Lundmark will reiterate the market
outlook and financial guidance given in the January-June 2012 interim report.
He will comment on the market situation as follows: "The third quarter of 2012
has so far proceeded in line with our expectations. Despite the economic
uncertainties in different regions, our order intake remained on a good level
in July-August. Our offering activity remains solid, but the weaker development
of the world economy warrants caution.” 

Executive Vice President, Head of Business Area Service, Fabio Fiorino will
present the evolution of Service towards Real Time Services and how Remote
Services is laying the foundation for this development. A target of tens of
thousands of remote connections in the next several years will be introduced.
This target is based on a solid foundation of Service's existing maintenance
contract base of over 400,000 pieces of equipment and sales of thousands of
remote eligible pieces of equipment each year. 

MARKET OUTLOOK (UNCHANGED)

Our current offer base remains on a good level. However, there are some signs
of a weakening global demand due to the continuing crisis within the Eurozone
and slower economic growth in some emerging markets. 

FINANCIAL GUIDANCE (UNCHANGED)

Based on the order book, we forecast year 2012 sales and operating profit to be
higher than in 2011. 

LONG-TERM OBJECTIVES (UNCHANGED)

Profitability: Konecranes Group has a target to reach 10 percent operating
margin over the cycle. 

Growth: The Group has set a vision to reach a global market share of 30 %. This
vision carries no time limit and is based on both organic growth and potential
acquisitions. 

Capital structure: The Group has no quantitative targets for the capital
structure, but the optimal long-term gearing (net interest-bearing debt /
equity) ratio is considered to be in the range of 50-80 percent. However, in
the short-term the gearing can be higher or lower than this range. 

Presentations and recordings of the CMD will be available on Konecranes website
at www.konecranes.com > Investors > CMD 2012. 


KONECRANES PLC

Miikka Kinnunen
Director, Investor Relations


FURTHER INFORMATION
Analysts and Investors:
Miikka Kinnunen, Director, Investor Relations, Konecranes Plc,
tel. +358 20 427 2050

Press:
Mikael Wegmüller, Vice President, Marketing and Communications, Konecranes Plc,
tel. +358 20 427 2008 


Konecranes is a world-leading group of Lifting Businesses™, serving a broad
range of customers, including manufacturing and process industries, shipyards,
ports and terminals. Konecranes provides productivity-enhancing lifting
solutions as well as services for lifting equipment and machine tools of all
makes. In 2011, Group sales totaled EUR 1,896 million. The Group has 11,900
employees at 609 locations in 47 countries. Konecranes is listed on the NASDAQ
OMX Helsinki (symbol: KCR1V). 


DISTRIBUTION
NASDAQ OMX Helsinki
Major media
www.konecranes.com