Extract from stock exchange release published on 25 April 2018

The construction market outlook for the year 2018 is mainly positive in Cramo’s operating countries. Growth is still expected, but in many countries the growth that accelerated in 2017 is predicted to level out. According to the latest Euroconstruct and Forecon estimates, the construction market will grow approximately 3.5% in Sweden, Norway and Finland and 1.0–1.5% in Austria and Germany. For the Czech Republic, Slovakia, Hungary and Poland, Euroconstruct estimates on average 9.3% market growth. Forecon’s construction market growth estimate for the Baltic states is 3.4%. The Russian construction market is expected to grow by 5%. The local Sverige’s Byggindustrier is projecting 2% growth for the Swedish construction market in 2018 according to their latest estimate in March. The Confederation of the Finnish Construction Industries kept their forecast unchanged, indicating that the construction market in Finland will grow by approximately 2%, supported by residential and repair construction.

The European Rental Association (ERA) forecasts that the equipment rental market will grow in 2018 in all of Cramo’s operating countries that are within the scope of ERA’s forecast. Forecon estimates the equipment rental market to grow by approximately 7–8% in Finland, 3% in Sweden and 2% in Estonia and Lithuania in 2018.

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.