The current year’s economic development and the business environment look favourable. Commercial and industrial construction, in particular, and major infrastructure projects, will sustain growth in construction and the equipment rental business in Finland. In Sweden, the construction industry is expected to continue to grow, particularly as a result of increasing housing and road construction projects. In Central and Eastern Europe, the low penetration rate of rental services and strong growth in construction activity will provide opportunities for major expansion in rental services.
The combination of RK and Cramo will be reflected in a significant increase in Rakentajain Konevuokraamo’s consolidated sales and operating profit in 2006. A successful integration and a continued market growth form a solid base for the Group’s sustained positive future development. Despite the cost of measures required for the integration of two companies, the Group expects its consolidated sales and profitability for 2006 to improve from the pro forma 2005 levels.