Extract from stock exchange release published on 12th February 2014

Since the summer of 2013, economic uncertainty has given way to more stable development in Europe. The economies in the eurozone are estimated to take an upward turn in 2014. Growth is expected particularly in the second half of the year.

Market-specific differences in construction and the demand for rental services are still considerable in Europe. In its November forecast, the construction market analyst Euroconstruct estimated that construction would decline in Finland, Sweden, Poland, Estonia, the Czech Republic and Slovakia in 2013. Construction is estimated to have increased in Norway, Denmark, Latvia and Lithuania as well as slightly in Germany. In 2014, construction is expected to increase in the Nordic countries, Germany, Poland and Lithuania. Construction and the economic development in Norway did not meet expectations in the fourth quarter of 2013, which is likely to weaken the outlook for construction in 2014.

In the long term, the equipment rental market is expected to grow faster than the construction market. Changes in demand usually follow those in construction with a delay and may be strong. In addition to construction, the demand for equipment rental services is affected by industrial investments and the rental penetration rate. The need to improve profitability in construction and the increasingly strict environmental and health requirements related to construction are some of the factors which make rental services more attractive.

The European Rental Association (ERA) is expecting equipment rental to increase in all of Cramo’s main market areas in 2014.

HALF YEAR FINANCIAL REPORT FOR JANUARY-JUNE 2018 PUBLISHED

Calendar

  • 18 Jan 2019 - 7 Feb 2019Silent period
  • 8 Feb 2019Financial Statements Bulletin 2018
  • 4 Mar 2019 - 8 Mar 2019Annual Report 2018 published in week 10

Welcome to Cramo Investor pages

Cramo is a service company specialising in equipment rental services, as well as rental of modular space. Our equipment rental services comprise machinery and equipment rental as well as rental-related services.

As one of the industry’s leading service providers in Europe, Cramo operates in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Poland, Germany, Austria, Hungary, the Czech Republic and Slovakia. In Russia and Ukraine we operate under the brand of the 50 percent owned joint venture Fortrent.

Cramo provides modern rental solutions through the Cramo Concept. Under the Cramo Concept, construction companies and customers in trade, industry and the public sector, as well as private customers, are provided with machinery, equipment and modular space through different rental solutions and services.

By combining the product portfolio with its extensive offering of services, Cramo reduces the capital invested by its customers and can create total rental solutions for every need for both the short and long term.

Through a network of about 300 depots, with a total number of rental items over 230,000, Cramo’s 2,600 employees serve over 150,000 customers in fourteen countries.

Cramo is a Nordic Mid Cap Company in the Industrials sector on Nasdaq Helsinki Ltd.