Konecranes Oyj - Financial Statement Release

Konecranes publishes preliminary unaudited financial information for the acquired MHPS business

KONECRANES PLC  FINANCIAL STATEMENT RELEASE  February 13, 2016 at 09:00 EET

Konecranes has received from Terex Corporation (“Terex”) the below preliminary
unaudited financial information for the MHPS business for the period prior to
the completion of the MHPS acquisition by Konecranes. This preliminary
unaudited financial information has been provided to Konecranes by Terex and
accounted for in accordance with US GAAP and Terex accounting principles and is
subject to completion of the consolidated audit by Terex's auditors and is also
subject to review by Konecranes in accordance with the Share and Asset Purchase
Agreement between Konecranes and Terex. Konecranes has not conducted any
independent review of the preliminary unaudited financial information for the
MHPS business provided by Terex and makes no guarantee for its accuracy or
completeness. As such, this preliminary unaudited financial information is
subject to change. 


USDm                          July-       July-  January-December  January-Decem
                           December    December              2016            ber
                               2016        2015                             2015
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Order intake                  709.3       686.4           1,366.6        1,447.3
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Order book                    544.0       595.5             544.0          595.5
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Sales1                        773.5       806.6           1,418.1        1,542.4
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Adj. EBITDA2                   73.7        70.7             104.1          111.3
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Adj. EBITDA used for           75.3        76.9             110.0          118.9
 valuation3                                                                     
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1) Includes sales from MHPS to other Terex consolidated segments.
2) Adj. EBITDA excludes restructuring charges, impairments and Terex corporate
management charges less estimated Konecranes corporate management charges. 
3) The difference between adj. EBITDA used for valuation and adj. EBITDA
relates to share of the result of the 50%-owned Singapore-based joint venture,
stock compensation, non-controlling interest and changes in certain provisions. 


KONECRANES PLC

Miikka Kinnunen
Vice President, Investor Relations


FURTHER INFORMATION
Miikka Kinnunen, Vice President, Investor Relations, Konecranes Plc, tel. +358
(0)20 427 2050 


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 of all makes. The Group has
18,000 employees at 600 locations in 50 countries. Konecranes class A shares
are listed on the Nasdaq Helsinki (symbol: KCR). 


DISTRIBUTION
Nasdaq Helsinki
Major media
www.konecranes.com