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The result was strong and profitability was excellent, valuation of the stock is very high, but it doesn't seem to bother the market, which now appreciates stability, visibility and cash flow.
Both companies got what they wanted, compared with the estimated value for the whole company, the price seems high for just one business. But it's the business Konecranes wanted, so it probably makes sense to pay a bit more.
The company should give a more exact guidance. The current outlook doesn't tell enough about developments in different business sectors, and just raises more uncertainty.
For shipping customers fuel costs are a major operating expense, and a critical element in all engines deals.
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