Correction to the English version of Ramirent’s Half Year Financial Report 2016


Vantaa, Finland, 2016-08-04 10:42 CEST (GLOBE NEWSWIRE) --  

 

RAMIRENT PLC                  COMPANY ANNOUNCEMENT              4.8.2016 at 11:43 EEST

                                                                                                                                                                                                                                                                                                       

 

Ramirent Plc corrects two errors in its English version of Half Year Financial Report 2016 that was published on 4 August 2016 at 9.00 am EEST.

The chapter on Norway’s profitability in the second quarter 2016 is corrected as follows: EBITA decreased mainly due to higher fixed costs and lower sales and profitability in Temporary Space compared to the previous year.

Under the Market Review chapter the sentence related to Baltics development is corrected as follows: In the Baltics, healthy market activity was witnessed in Estonia, whereas the Lithuanian and Latvian equipment rental market was negatively impacted by price pressure and lack of new large projects.

FURTHER INFORMATION:
Franciska Janzon, SVP, Marketing, Communications and IR, tel. +358 20 750 2859

DISTRIBUTION:
NASDAQ OMX Helsinki
The main media
www.ramirent.com

   

Ramirent is a leading equipment rental group combining the best equipment, services and know-how into rental solutions that simplify customer’s business. Ramirent serves a broad range of customer sectors including construction, industry, services, the public sector and households. Ramirent has operations in the Nordic countries and in Central and Eastern Europe. In 2015, Ramirent Group sales totalled EUR 636 million. The Group has 2,757 employees in 287 customer centres in 10 countries. Ramirent is listed on the NASDAQ Helsinki (RMR1V). Ramirent – More than machines®. 


Attachments

Ramirent Half Year Financial Report 2016_web.pdf