Konecranes shares hit record high after Q2 profit beat
** Shares in Konecranes KCRA.HE jump more than 12% after the Finnish engineering group reported Q2 numbers beating estimates, citing strong performance in all business segments
** The group'sQ2 comparable EBITA came in at EUR 147.3 million ($159.82 million) compared to EUR 113.9 million seen in Vara Research poll of analysts
** Konecranes says it expects healthy demand environment among industrial customers, while container throughput among port solution clients is still at a high level.
** Inderes analyst Erkki Vesola says Q2 results are very strong in terms of revenue and profit, and tolerable in terms of orders
** "The only beauty blemish being that orders for Industrial equipment and thus for the group as a whole were somewhat below expectations," Vesola adds
** Konecranes share hits record high and is up 44% year-to-date
($1 = 0.9217 euros)
Reporting by Elviira Luoma
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