Market: Helsinki
Symbol: HIAB
ISIN: FI4000571013
Industry: Industrial Goods & Services

Hiab is the pioneer in smart and sustainable load handling solutions. With a global presence and a strong focus on innovation and sustainability, Hiab develops and manufactures a wide range of equipment from loader cranes to tail lifts for essential industries. We lift and deliver everyday goods that are essential to daily life, and we are committed to doing so safely, efficiently, and sustainably, helping to build a better tomorrow.

Why invest in Hiab?
  • Leading market positions in growing and attractive essential industries
  • Set to grow through continued innovation and focused segment strategy
  • Geared to expand leading position in growing North American market
  • Further leveraging sizable installed base and connectivity to accelerate services growth
  • Operating model enabling incremental efficiency improvement
  • Best-in-class financial profile with further value creation potential through M&A
Performance targets by 2028
  • Annual sales growth over 7 percent over the cycle
  • Comparable operating profit 16%
  • Return on capital employed over 25% defined as operating profit / operative capital employed
  • In addition Hiab is planning to update the climate target and apply for its validation from SBTi. The process starts in 2025.

    Hiab also aims for a growing dividend of 30–50 percent of EPS and to keep gearing below 50 percent.

Share Data
HIAB
02/05/2025
Currency EUR
Previous Close 42.46
Change (%) 1.53
Volume 150,463
Number of B shares 55,182,079
Market Cap (mln) 2,747.51*
*Including both A and B series shares. Calculated with B share market price.
Key figures    
(Figures in MEUR unless other mentioned) 2023 2024
Orders received 1,466 1,509
Order book 799 648
Sales 1,787 1,647
Comparable operating profit 219.1 217.1
Comparable operating profit, % 12.3 13.2
Profit for the period 153.5 155.0
Basic earnings per share, EUR 2.35 2.40
Cash flow from operations before financing items and taxes 544.2 582.3
Net working capital 328.9 287.1
Total equity/total assets, % (YTD) 43.8 47.6
Interest-bearing net debt 178.6 -186.3
Interest-bearing liabilities 867 393
Gearing, % 10.2 -18.1
Equity/share, EUR 27.25 16.04
Return on equity (ROE), % (YTD) 21.2 2.0
Operative return on capital employed (ROCE), %, (Last 12 months) 30.7 30.5
Personnel, average (YTD) 4,535 4,252
Market capitalisation (class B shares) 2,887 2,779

 

Upcoming events
Hiab Q1/25 Results lunch06/05/2025
Hiab Milan Roadshow07/05/2025
Hiab London Roadshow08/05/2025