Cavotec Reports Record €160 Million Order Backlog
The Swiss-listed port automation firm posted higher third-quarter revenue and orders as demand grew for shore power equipment.
Updated on Nov. 8, 2026 in Electric Vehicles
Cavotec reported a record order backlog of €160 million at the end of September 2026, up 27.2% year over year. Third-quarter revenue rose 18.9% to €42.6 million, though the company still posted a net loss of €1.6 million.
Why it matters
The backlog and order growth point to sustained demand for port electrification and automation equipment, including shore power systems that let container ships plug in to shore electricity while docked. For the electric vehicle sector, the results show growing investment in the charging and power infrastructure that supports electrified transport beyond passenger cars.
Cavotec's third-quarter EBIT was €0.8 million, compared with a loss of €0.5 million a year earlier, while operating cash flow rose to €7.8 million from €2.8 million. Nine-month revenue reached €120.1 million, up 9%, though the company still recorded a nine-month net loss of €8.9 million.
The players
Cavotec
Cavotec is a Swiss-listed industrial company that designs port automation, shore power and cable management systems for ports, mining and marine applications.
Jawaharlal Nehru Port
Jawaharlal Nehru Port is one of India's largest container ports, located near Mumbai, and is a major gateway for the country's maritime trade.
EVIAS
EVIAS is a distributor of automatic ground-based charging technology for electric vehicles and marine applications, with which Cavotec signed an exclusive distribution agreement.
The details
Cavotec said demand for shore power equipment and motorised cable reels, particularly from the port and mining industries, drove the quarter's results. The company also signed an exclusive distribution agreement with EVIAS to bring automatic ground-based charging technology to ports worldwide, and secured contracts including about €8 million for shore power systems on newbuild container ships and about €5 million to supply MoorMaster technology to Jawaharlal Nehru Port in India.
Timeline
End of September 2026: Record €160 million order backlog reported.
Fourth quarter of 2027: Scheduled delivery of MoorMaster system to Jawaharlal Nehru Port.
19 February 2027: Scheduled publication of fourth-quarter and full-year 2026 results.
Roadmap
Cavotec's growth reflects the broader push to electrify ports, where shore power systems, the plug-in connections that let docked container ships shut down diesel engines, are becoming a standard part of new port and vessel infrastructure. The company's orders extend that trend from road and rail charging into marine and heavy-industry electrification.
For drivers and fleet operators, the growth in port electrification means more ports are adding shore power and automated charging, which can reduce idling emissions and diesel use near busy terminals. The effects for everyday car buyers are indirect, since this order flow concerns port and heavy-industry equipment rather than passenger vehicle charging.
The takeaway
Growing orders for port electrification show that charging and power infrastructure is expanding into shipping and heavy industry as well as roads. Readers tracking the sector can watch the February 2027 full-year results to see whether backlog translates into profit.
What happens next
Cavotec is scheduled to publish its fourth-quarter and full-year 2026 results on 19 February 2027, which will show whether the order backlog converted into revenue.
Further reading
For more on how charging infrastructure is expanding beyond passenger cars, see Electric Vehicles.
Source note: This article includes information reported by Container News.
