Introduction

Cramo in brief

Cramo is one of the industry’s leading providers of equipment rental services in Europe and the leader in the rental of modular space solutions in the Nordic countries. We create added value for our stakeholders by driving innovation and simplifying the responsible sharing of rental solutions and other resources. Cramo is listed on Nasdaq Helsinki Ltd.

Sales 2018 (MEUR)

780

Comparable EBITA 2018 (MEUR)

130

Serving our

150,000

customers in 14 countries. 

Average number of employees 2018

2,753

Two business divisions

Our business divisions are Equipment Rental and Modular Space. We operate in a total of 14 countries: Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Poland, Germany, Austria, Hungary, the Czech Republic and Slovakia. In Russia and Ukraine, we operate through the 50-percent owned joint venture Fortrent. Our Group head office is located in Vantaa, Finland.

As was announced previously, in 2018 Cramo assessed strategic alternatives for its Modular Space business, Cramo Adapteo. Based on the outcome of this assessment, in December 2018 the Board of Directors of Cramo decided to pursue a spin-off of the company’s Modular Space business to Cramo’s existing shareholders. The transaction and separate listing are expected to take place in Nasdaq Stockholm latest in the third quarter of 2019.

Equipment Rental

Our equipment rental services comprise a full range of machinery and equipment as well as related services. Through the Cramo Rental Concept, which includes a network of 301 depots and a digital platform, we serve construction companies, the manufacturing industry, the public sector and private customers in Finland, Sweden, Norway, Estonia, Lithuania, Germany, Austria, Hungary, Poland, the Czech Republic and Slovakia. Our digital platform gives our customers easy online access to machinery, tools, services, safety data and user instructions.

Modular Space

Our modular space solutions are provided under the Cramo Adapteo brand. We offer high-quality modular space solutions as turn-key project deliveries for different rental periods. Our solutions cover a number of end-uses, such as schools, daycares, office space, accommodation and events. Following the acquisition of Nordic Modular Group, we can now offer customised modular buildings for long-term rental needs, meaning rental periods of five years or more, and for sale.

We serve both the public and private sectors and operate in Finland, Sweden, Norway, Denmark, Estonia, Lithuania and Germany.

Business divisions’ share of Group

Sales 2018 (2017), MEUR

Year 2018

Sales 2018 (2017), MEUR

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Comparable EBITA 2018 (2017), MEUR

Year 2018

Comparable EBITA 2018 (2017), MEUR

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Capital employed 2018 (2017), MEUR

Year 2018

Capital employed 2018 (2017), MEUR

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Employees, FTE at the end of 2018 (2017), No.

Year 2018

Employees, FTE at the end of 2018 (2017), No.

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