Extract from stock exchange release published on 29th October, 2010

The construction and equipment rental service markets are expected to grow in Cramo’s market areas in the fourth quarter of 2010 and in 2011. According to market forecasts, construction activity started to increase in 2010 in Finland, Sweden and possibly also in Russia. In Poland, growth is expected to continue. However, construction activity in Norway, Denmark, the Czech Republic and the Baltic countries is expected to decline on an annual level. In 2010, the outlook for the Baltic countries has improved. The outlook for construction growth is positive for 2011 in all of Cramo’s business segments.

The demand for rental services is expected to increase during the fourth quarter of 2010 and continuing into 2011. The improving market acceptance of equipment rental as an alternative to owning supports market growth. Construction companies also find arrangements under which they outsource their equipment to rental services companies increasingly attractive.

The Group’s gross capital expenditure, excluding acquisitions and business combinations, will be approximately EUR 40 million in 2010. A balance between the demand for and supply of rental equipment was achieved in almost all markets in the third quarter, which provides a solid starting point for business development.

BUSINESS REVIEW FOR JANUARY-DECEMBER 2018

Calendar

  • 10 Jun 2019Capital Markets Day, Modular Business (Adapteo)
  • 12 Jun 2019Last day to register for EGM
  • 17 Jun 2019Extraordinary General Meeting

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.