Amid signs of sustained recovery in the global economy, we have posted some favourable figures for the first quarter (Q1) of 2010.

Order Intake for the period edged 0.9 per cent higher on the year to EUR 35.3 million, while Cavotec’s Order Book stood at EUR 73.4 million, a record 37.4 per cent jump on the year.

Reflecting a return in confidence across a wide range of geographical areas, Cavotec’s Airports Market Unit reported successes in India, Argentina and the Middle East.

Our Ports & Maritime solutions also enjoyed a strong quarter, with orders for offshore equipment in the North Sea and ERTG cable reels in Viet Nam. Our automated mooring technology, MoorMaster, also continued to attract interest throughout the period.

With a respectable 2009 results, and now a solid Q1, we are looking ahead to the remainder of 2010, and beyond, with a sense of cautious optimism.

For more details, read the report in full.

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