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Kalmar Corporation Unveils Sustainable Annual Report 2024

Kalmar Corporation Unveils Sustainable Annual Report 2024

Kalmar Corporation's 2024 Annual Report and Financial Statements

KALMAR CORPORATION announces the release of its annual report and financial statements, reflecting a successful financial year spanning from January 1 to December 31, 2024. This comprehensive report is available in both English and Finnish, ensuring it meets the needs of diverse stakeholders.

Key Highlights from the Annual Report

The annual report for 2024 encompasses a wide array of critical information including the financial statements, an elaborate report from the Board of Directors, a corporate governance statement, as well as a remuneration report. Notably, it contains a dedicated Sustainability Statement, compiled in accordance with the Corporate Sustainability Reporting Directive (CSRD), demonstrating Kalmar's commitment to responsible business practices.

Compliance with Reporting Standards

In alignment with the European Single Electronic Format (ESEF), Kalmar has published the Board of Directors’ report and consolidated financial statements in an XHTML file format, adhering to all mandatory regulatory requirements. This format not only ensures transparency but also facilitates easy access to essential financial data.

Insights from the GRI Index

In conjunction with the annual report, the company also provides its GRI Index for 2024 in English. This index serves as a vital tool for stakeholders to understand the sustainability metrics and performance indicators that Kalmar utilizes to track its progress and responsibilities.

Independent Assurance on Financial Statements

Kalmar's financial statements for the year have been subjected to an independent audit by Ernst & Young Oy, ensuring the credibility and accuracy of the reported financial data. The rigorous engagement was conducted following the International Standard on Assurance Engagements (ISAE) 3000 protocol, further affirming the company's integrity in reporting.

Global Impact and Reach

As a significant player in the supply chain management sector, Kalmar (Helsinki: KALMAR) operates in over 120 countries, offering a diverse array of industry-leading material handling equipment and services. With a workforce of approximately 5,200 dedicated professionals, Kalmar’s endeavors in sustainable solutions have contributed to approximately EUR 1.7 billion in sales in 2024.

Accessibility of Reports

The annual report, along with its supporting documentation, is meticulously made available on the company's website, allowing stakeholders easy access to vital information. This commitment to transparency not only reinforces Kalmar's position in the market but also encourages active participation from all involved parties.

Contact Information for Further Inquiries

For those seeking more information about the annual report or Kalmar’s strategic objectives, the following contacts are available:

Carina Geber-Teir, Senior Vice President of Investor Relations, Marketing, and Communications, can be reached at +358 40 502 4697.

Päivi Koivisto, Vice President of Sustainability, is also available for inquiries at +358 40 743 0306.

Frequently Asked Questions

What is the main focus of Kalmar's 2024 annual report?

The 2024 annual report highlights Kalmar's financial performance, governance practices, and sustainability initiatives, showcasing the company’s commitment to responsible operations.

Where can I find Kalmar's annual report?

The annual report and related materials can be found on Kalmar's official website, ensuring accessibility for all stakeholders.

Who conducted the audit for Kalmar's financial statements?

Ernst & Young Oy was responsible for providing an independent audit of Kalmar’s consolidated financial statements for 2024.

How does Kalmar demonstrate its commitment to sustainability?

Kalmar includes a Sustainability Statement in its annual report, complying with the Corporate Sustainability Reporting Directive (CSRD), highlighting its initiatives and progress.

What are Kalmar's key financial achievements in 2024?

In 2024, Kalmar achieved sales totaling approximately EUR 1.7 billion, reflecting its expansive global operations and market influence.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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