Konecranes upgrades 2017 EBITA guidance and lowers 2017 sales guidance
Konecranes changes its 2017 financial guidance as follows:“The sales in 2017 are expected to be close to or lower than the comparable combined company sales in 2016 (EUR 3,278 million). We expect the adjusted EBITA to total EUR 205-225 million in 2017 (comparable combined company adjusted EBITA was EUR 184 million in 2016).The comparable combined company’s operations comprise Konecranes’ operations without the divested STAHL CraneSystems business, but including the acquired MHPS business. See the stock exchange releases published on April 10, 2017, and April 13, 2017, for further