The economic development is expected to remain favourable with respect to RK’s business environment. Growth in construction activity coupled with major infrastructure projects in industry and the public sector will fuel growth in the equipment rental business. In the Nordic countries growth is expected to stay at a high level all through 2006, after which growth is expected to stabilise on a slightly lower level. Central and Eastern Europe are expected to see sustained strong growth in construction. Equipment rental services are expected to expand faster than growth in construction, due for example to increasing penetration rates for these services. Markets for modular space are anticipated to grow, 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. The Group’s profit performance this year has shown that RK’s and Cramo’s successful business integration will provide a solid foundation for the Group’s favourable development. The outlook for year 2007 is positive. The Group expects its full-year profitability and sales for 2006 to exceed considerably the pro forma 2005 levels.