Governance and Financial Review

The report presents Konecranes’ 2020 financial and governance performance amid the COVID-19 disruption, with Group sales of EUR 3,178.9 million and 16,862 employees at year-end. It records the acquisition of the remaining 50% of MHE-Demag, giving Konecranes full ownership, and approval of the planned Cargotec merger, whose completion remained subject to approvals. The non-financial statement reports a 29% decrease in Scope 1 and 2 emissions against the 2017 baseline and a 23% reduction in energy intensity. It also reports a CDP climate-program A-rating and 13.1% women in senior management at year-end.