The economic climate is expected to remain favourable with respect to the Group’s business environment. Growth in construction and major infrastructure projects in industry and the public sector will fuel growth in the equipment rental business. The growth in Nordic construction is expected to continue its growth and to stabilise on a slightly lower level compared to the level of 2006. Central and Eastern Europe are expected to see sustained strong growth in construction. Equipment rental services should expand at a faster rate compared to general growth in construction, due to increasing penetration rates for these services. Demand for modular space is also expected to continue its increase in the near term, supported by active internal 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 investment growth in 2007. The Group intends to further enhance its already strong position in the Nordic markets.
Due to its larger size and favourable profit performance, Cramo also has greater opportunities to expand its operations into new market areas. The Group will continue to map out its growth potential in Central and Eastern Europe.
The most significant near-term uncertainties are associated with general cyclical and economic trends, changes in interest and foreign-exchange rates as well as the successful completion of acquisitions.
In 2007, Cramo expects its sales to show solid growth together with a steady EBITA-% improvement.