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Cramo Oyj (CRA1V.HE)

CRA1V.HE on Helsinki Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Cramo Q2 Comparable EBITA Falls To EUR 15.3 Mln
Thursday, 15 Aug 2019 

Aug 15 (Reuters) - Cramo Oyj ::REG-CRAMO’S HALF YEAR FINANCIAL REPORT JANUARY-JUNE 2019.APRIL-JUNE SALES EUR 153.1 (156.1) MILLION, DECREASED BY 1.9%.APRIL-JUNE COMPARABLE EBITA EUR 15.3 (21.7) MILLION.  Full Article

Cramo Demerger To Be Completed
Friday, 28 Jun 2019 

June 28 (Reuters) - Cramo Oyj ::REG-THE DEMERGER OF CRAMO WILL BE COMPLETED, TRADING IN ADAPTEO SHARES IS EXPECTED TO COMMENCE ON 1 JULY 2019.ALL ASSETS, DEBTS AND LIABILITIES BELONGING TO CRAMO'S MODULAR SPACE BUSINESS ARE TRANSFERRED TO ADAPTEO PLC.ADAPTEO AND ITS SUBSIDIARIES WILL FORM A NEW INDEPENDENT GROUP OF COMPANIES, SEPARATE FROM CRAMO..TOTAL NUMBER OF ADAPTEO SHARES ISSUED AS DEMERGER CONSIDERATION WILL THEREFORE BE 44,682,697.SUBMITTED APPLICATION TO NASDAQ STOCKHOLM AB CONCERNING LISTING OF SHARES OF ADAPTEO ON MAIN MARKET OF NASDAQ STOCKHOLM.TRADING IN ADAPTEO'S SHARES ON MAIN MARKET OF NASDAQ STOCKHOLM IS EXPECTED TO COMMENCE ON 1 JULY 2019.  Full Article

Cramo: Adapteo's Prospectus For Demerger And Subsequent Listing Approved
Monday, 3 Jun 2019 

June 3 (Reuters) - Cramo Oyj ::REG-THE FINNISH FINANCIAL SUPERVISORY AUTHORITY HAS APPROVED ADAPTEO PLC’S PROSPECTUS PREPARED FOR THE DEMERGER AND FOR THE SUBSEQUENT LISTING ON NASDAQ STOCKHOLM.NASDAQ STOCKHOLM HAS ASSESSED THAT ADAPTEO FULFILS LISTING REQUIREMENTS OF NASDAQ STOCKHOLM.TRADING OF SHARES IN ADAPTEO ON NASDAQ STOCKHOLM IS EXPECTED TO COMMENCE ON OR ABOUT 1 JULY 2019.LONG-TERM FINANCIAL TARGET OF ADAPTEO IS DOUBLE-DIGIT GROWTH OF COMPARABLE EBITDA.ADAPTEO'S TARGET IS TO DISTRIBUTE A DIVIDEND OF AT LEAST 20 PERCENT OF NET RESULT OF GROUP (GROUP'S PROFIT FOR YEAR EXCLUDING ITEMS AFFECTING COMPARABILITY, NET OF TAX).LONG-TERM FINANCIAL TARGET OF ADAPTEO IS OPERATIVE ROCE ABOVE 10 PERCENT.ADAPTEO'S MANAGEMENT BELIEVES THAT ADAPTEO'S BUSINESS ENVIRONMENT WILL NOT CHANGE SIGNIFICANTLY IN 2019 COMPARED TO PREVIOUS YEAR.  Full Article

Cramo Q1 Comparable EBITA Up At EUR 24.1 Million
Thursday, 2 May 2019 

May 2 (Reuters) - Cramo Oyj ::Q1 SALES EUR 200.6 MILLION VERSUS EUR 175.3 MILLION YEAR AGO.Q1 COMPARABLE EBITA EUR 24.1 (23.9) MILLION.Q1 CASH FLOW FROM OPERATING ACTIVITIES EUR 48.8 (20.8) MILLION AND CASH FLOW AFTER INVESTMENTS EUR 12.4 (-30.5) MILLION.  Full Article

Cramo Signs EUR 500 Mln Loan Agreement For Adapteo
Friday, 29 Mar 2019 

March 29 (Reuters) - Cramo Oyj ::CRAMO PLC SIGNS EUR 500 MILLION LOAN AGREEMENT FOR ADAPTEO PLC.REPAYMENT DATE OF FACILITIES IS IN 2022.LOAN CONSISTS OF A EUR 400,000,000 TERM LOAN AND A EUR 100,000,000 REVOLVING CREDIT FACILITY.LOAN AGREEMENT CONTAINS TWO FINANCIAL COVENANTS: LEVERAGE RATIO AND INTEREST COVERAGE RATIO.LOAN AGREEMENT SHALL BE TRANSFERRED TO ADAPTEO PLC UPON COMPLETION OF DEMERGER.DEMERGER EXPECTED TO TAKE PLACE ON OR ABOUT 1 JULY 2019.  Full Article

Cramo Q4 Comparable EBITA Roses To EUR 34.4 Million
Friday, 8 Feb 2019 

Feb 8 (Reuters) - Cramo Oyj ::Q4 SALES EUR 217.5 MILLION VERSUS EUR 196.7 MILLION YEAR AGO.Q4 COMPARABLE EBITA EUR 34.4 MILLION VERSUS EUR 32.4 MILLION YEAR AGO.BOARD OF DIRECTORS PROPOSES A DIVIDEND OF 0.90 (0.85) PER SHARE.  Full Article

Cramo Q2 EBITA At EUR 30.1 Million
Thursday, 26 Jul 2018 

July 26 (Reuters) - CRAMO OYJ ::Q2 SALES EUR 189.0 MILLION (REUTERS POLL: EUR 191 MILLION).Q2 EBITA EUR 30.1 (27.8) MILLION.SAYS SLOWING GROWTH PACE IS ANTICIPATED FOR SWEDEN AND FINLAND, OFFSET BY BRISK GROWTH IN EASTERN EUROPEAN COUNTRIES.  Full Article

Cramo buys KBS Infra GmbH In Germany
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Cramo Oyj ::CRAMO ACCELERATES GROWTH IN GERMANY BY ACQUIRING LEADING GERMAN CONSTRUCTION SITE LOGISTICS COMPANY KBS INFRA GMBH.‍CRAMO HAS SIGNED AGREEMENT TO ACQUIRE 100 PERCENT OF SHARE CAPITAL OF KBS INFRA GMBH AND ITS SUBSIDIARIES​.‍CRAMO EXPECTS THAT ACQUISITION OF KBS INFRA WILL BE CLOSED DURING Q1 2018​.  Full Article

‍Cramo Group Assesses Strategic Alternatives For Its Cramo Adapteo Business​
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Cramo Oyj ::‍CRAMO GROUP ASSESSES STRATEGIC ALTERNATIVES FOR ITS MODULAR SPACE (CRAMO ADAPTEO) BUSINESS​.CRAMO - ‍BOARD DECIDED TO FURTHER INVESTIGATE, INITIATE PROCESS TO ASSESS SEPARATION OF MODULAR SPACE BUSINESS DIVISION INTO ITS OWN LEGAL ENTITY​.ASSESSMENT OF DIFFERENT STRATEGIC ALTERNATIVES WILL BE CARRIED OUT DURING 2018.SAYS ‍ASSESSMENT OF DIFFERENT STRATEGIC ALTERNATIVES TO INCLUDES A POTENTIAL DEMERGER AND SEPARATE LISTING OF CRAMO ADAPTEO​.  Full Article

Cramo And Ramirent Explore Strategic Options For Joint Venture
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Cramo ::CRAMO AND RAMIRENT ARE EXPLORING STRATEGIC OPTIONS FOR THEIR RUSSIA AND UKRAINE-BASED JOINT VENTURE COMPANY FORTRENT .‍OPTIONS FOR EQUALLY-HELD JOINT VENTURE COMPANY FORTRENT COULD INCLUDE A SALE OF JOINT VENTURE COMPANY​.  Full Article