Economic development is expected to remain favourable with respect to Cramo’s business environment. Growth in construction activity coupled with major infrastructure projects in industry and the public sector will continue to fuel growth in the equipment rental business. The growth in Nordic construction is expected to continue, however, on a slightly lower level. Central and Eastern Europe are expected to see sustained strong growth in construction. Equipment rental services expand at a faster rate compared to general growth in construction, due to factors such as increasing penetration rates for these services. Demand for modular space is also expected to continue its increase, supported by relocations, demographic changes and industry needs for increasingly flexible building solutions.
Strong demand in all of the Group’s main markets will continue to require substantial capital expenditure growth in 2007.
The Group intends to further enhance its position in all of its market areas. The company will continue to map out its growth potential.
The most significant uncertainties faced by Cramo’s business are associated with general cyclical and economic development, changes in interest and foreign-exchange rates as well as the success of the Group’s acquisitions.
In 2007, Cramo expects its sales to continue to show solid growth together with a steady EBITA-% improvement.