The current year’s economic development is expected to remain favourable with respect to RK’s business environment. General growth in construction activity coupled with major infrastructure projects in industry and in the public sector will fuel growth in the equipment rental business. Increasing penetration rates for equipment rental services are expected to further generate demand for these services, especially in Central and Eastern Europe. Markets for modular space are expected to continue growing, especially in the public sector.
The combination of RK and Cramo will be reflected in a significant increase in consolidated sales and operating profit in 2006. Reflecting its new corporate structure, RK began to reconfirm its strategy during the second quarter. The Group’s first-half performance has shown that RK’s and Cramo’s successful business integration will provide a solid foundation for the Group’s favourable future development. The Group expects its profitability and sales for 2006 to exceed considerably from the pro forma 2005 levels.