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Cramo Oyj (CRA1V.HE)

CRA1V.HE on Helsinki Stock Exchange

19.80EUR
24 Jun 2019
Change (% chg)

€-0.24 (-1.20%)
Prev Close
€20.04
Open
€19.66
Day's High
€20.22
Day's Low
€19.64
Volume
131,532
Avg. Vol
73,546
52-wk High
€21.10
52-wk Low
€14.54

Latest Key Developments (Source: Significant Developments)

Cramo's EGM Approves Partial Demerger Of Cramo PLC
Monday, 17 Jun 2019 

June 17 (Reuters) - Cramo Oyj ::EXTRAORDINARY GENERAL MEETING (EGM) HAS APPROVED PARTIAL DEMERGER OF CRAMO PLC.  Full Article

Cramo Board Approves Demerger Plan Concerning Spin-Off Of Modular Space Business Into New Listed Company
Monday, 18 Feb 2019 

Feb 18 (Reuters) - Cramo Oyj ::REG-CRAMO BOARD OF DIRECTORS HAS APPROVED A DEMERGER PLAN CONCERNING THE SPIN-OFF OF MODULAR SPACE BUSINESS INTO A NEW LISTED COMPANY.ALL ASSETS, DEBTS AND LIABILITIES BELONGING TO MODULAR SPACE BUSINESS ARE TRANSFERRED TO INDEPENDENT COMPANY NAMED ADAPTEO PLC.EQUIPMENT RENTAL BUSINESS WOULD IN DEMERGER REMAIN IN CURRENT COMPANY,.ADAPTEO WOULD INITIALLY HAVE SAME OWNERSHIP STRUCTURE AS CRAMO, THERE WOULD NOT BE ANY CROSS-OWNERSHIP BETWEEN CRAMO AND ADAPTEO.TO HOLD EGM CONCERNING DEMERGER ON OR ABOUT 17 JUNE 2019..FINANCING OF CRAMO WILL AFTER DEMERGER CONSIST OF EXISTING EUR 150 MILLION UNSECURED BOND.  Full Article

Ramirent And Cramo Continue Their JV Fortrent In Russia
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Ramirent Oyj ::REG-RAMIRENT AND CRAMO CONTINUE THEIR JOINT VENTURE FORTRENT IN RUSSIA.OWNERSHIP OF FORTRENT WILL REMAIN UNCHANGED.FORTRENT'S UKRAINIAN OPERATIONS WILL BE CLOSED DURING 2019.RESTRUCTURING COSTS ARE APPROXIMATELY EUR 0.5 MILLION.SAYS AS AN OUTCOME OF THE ANALYSIS, FORTRENT'S STRATEGIC FOCUS IN THE FUTURE WILL BE IN THE RUSSIAN OPERATIONS.  Full Article

Cramo Q3 Sales EUR 197.9 Million
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Cramo Oyj ::Q3 SALES EUR 197.9 MILLION VERSUS EUR 191.9 MILLION YEAR AGO.Q3 COMPARABLE EBITA EUR 41.6 MILLION VERSUS EUR 40.2 MILLION YEAR AGO.  Full Article

Cramo Acquiries Nordic Modular Group
Tuesday, 26 Jun 2018 

June 26 (Reuters) - Cramo Oyj ::CRAMO STRENGTHENS ITS POSITION IN MODULAR SPACE MARKET BY ACQUIRING NORDIC MODULAR GROUP.ENTERPRISE VALUE OF TRANSACTION WILL BE APPROXIMATELY SEK 2.725 BILLION,.CRAMO EXPECTS THAT ACQUISITION OF NORDIC MODULAR GROUP TO BE CLOSED DURING END OF 2018.  Full Article

Cramo Q1 Adjusted EBITA Above Expectations At EUR 23.1 Million
Wednesday, 25 Apr 2018 

April 25 (Reuters) - CRAMO OYJ ::REG-CRAMO'S BUSINESS REVIEW FOR JANUARY-MARCH 2018.Q1 SALES EUR 175.3 MILLION (REUTERS POLL: EUR 162 MILLION).Q1 EBITA AT EUR 22.3 MILLION (19.7).Q1 ADJUSTED. EBITA EUR 23.1 MILLION (REUTERS POLL: EUR 19.8 MILLION).  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

No material impact on result, financial position from transition to new IFRS 15 - Cramo
Friday, 10 Nov 2017 

Nov 10 (Reuters) - CRAMO OYJ ::CRAMO - ‍TRANSITION TO NEW IFRS 15 REVENUES FROM AGREEMENTS WITH CUSTOMERS STANDARD DOES NOT HAVE A MATERIAL IMPACT ON RESULT AND FINANCIAL POSITION.  Full Article