From stock exchange release published on November 15, 2007

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. Nordic construction is expected to continue its growth and the growth rate to stabilise at 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.

The continuing demand in all of the Group’s main markets will require continued capital expenditure growth in 2008 year over year.

In line with its strategy, the Group intends to further enhance its position in all of its market areas. The Group will continue to map out its growth potential in the Nordic countries and Central and Eastern Europe. The supply of modular space in Central and Eastern Europe is seen as a new growth opportunity.

The most significant uncertainties faced by Cramo’s business are associated with country-specific cyclical and economic development, changes in interest and foreign exchange rates as well as the success of the Group’s acquisitions.

Cramo’s performance and sales for 2007 are expected clearly to exceed their 2006 levels.

For the next twelve months, the Group’s internal, as well as market indicators support a sales growth above 18 % and EBITA above 18 % of sales, in line with the Group’s financial targets. However, macroeconomic developments may change this picture.




Financial Statements Bulletin 2019

Financial Statements Bulletin 2019 was published on 11 February 2020.


  • 8 Jul 2020 - 28 Jul 2020Silent period
  • 29 Jul 2020Half Year Financial Report January-June 2020

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.

Cramo is a Nordic Mid Cap Company in the Industrials sector on Nasdaq Helsinki Ltd.