Extract from stock exchange release published on 3rd May 2013

The economic uncertainty in Europe continues. In both industrial and new construction activities, investment decisions are being postponed to a later date. However, market-specific differences are great.

Both the construction market analyst Euroconstruct and the Confederation of Finnish Construction Industries RT have estimated that construction activity will decline by some three per cent in Finland in 2013. In Sweden, construction activity is estimated to remain at the 2012 level or to decline slightly. In Poland, construction market growth is estimated to take a negative turn. In Denmark, Norway, Germany, Russia and the Baltic region, the market is expected to grow.

The equipment rental market normally grows faster than the underlying construction market, but changes in demand follow those in construction with a small delay and may be strong.

Cramo takes a cautious approach to 2013. The equipment rental market will be challenging particularly during the first part of the year, but the economic situation in Cramo’s main markets is forecasted to improve towards the end of the year.

(All construction market forecasts presented in this review are estimates by Euroconstruct, unless otherwise stated.)

Welcome to Cramo Investor pages

Cramo is a service company specialising in equipment rental services. 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, 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 and equipment 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 eleven countries.