Cramo Oyj - Company Announcement

Cramo redefines its guidance for 2014

Vantaa, Finland, 2014-09-17 08:00 CEST (GLOBE NEWSWIRE) -- Cramo Plc    Stock
Exchange Release     17 September 2014 at 9.00 am (EET) 

Cramo redefines its guidance for 2014

Cramo redefines its guidance for 2014. Cramo Plc's redefined guidance for 2014
is: ”In 2014, Cramo Group's sales and EBITA margin will be lower compared to
2013.” 

Cramo Plc's previous guidance for 2014 was: “In 2014, Cramo Group's EBITA
margin will continue to improve compared to 2013. Cramo Group's sales is also
expected to grow in 2014, however, exact sales is exposed to changing exchange
rates.” 

Cramo is currently seeing signs of recovery in several rental markets. However,
the general economic situation in Europe has reduced Cramo's sales expectations
for the third quarter of 2014. The exchange rates are also having a negative
impact on the Group´s euro-based sales. Cramo is putting increased efforts to
its transition program in Central Europe, but the effects are taking longer
than expected. The Group´s other performance improvement actions are proceeding
according to plan. 

Cramo's interim report for 1-9/2014 will be published on 29 October 2014.

CRAMO PLC

Vesa Koivula
President and CEO



Further information:

Mr Vesa Koivula, President and CEO, tel: +358 40 510 5710
Mr Martti Ala-Härkönen, CFO, tel: +358 40 737 6633



Distribution:
NASDAQ OMX Helsinki Oy
Major media
www.cramo.com



Cramo is Europe's second largest rental services company specialising in
construction machinery and equipment rental and rental-related services as well
as the rental of modular space. Cramo operates in fifteen countries with 360
depots. With a group staff of around 2.500, Cramo's consolidated sales in 2013
were EUR 660 million. Cramo shares are listed on the NASDAQ OMX Helsinki Ltd.
Further information: www.cramo.com.