KCI Konecranes has seen its orders decline in the wake of the 11 September attacks on the USA, prompting it to describe future prospects as uncertain.
“Overall, the business climate, especially after September 11th, has worsened,” said president and chief executive Stig Gustavson.
Publishing its results for the third quarter of 2001, the company said: “Lifting equipment markets continued at a low level during Q3. Terrorist acts in USA caused a marked decline in September.” Looking ahead to year-end results, the company added: “The order backlog is good, but market outlook for both Standard and Special Cranes is uncertain.” The good news for Konecranes, however, was that its sales and profits continued to rise, although slightly below analysts’ expectations.
