Cramo Plc to change its financial reporting practices

Vantaa, Finland, 2016-12-21 08:00 CET (GLOBE NEWSWIRE) -- Cramo Plc Stock Exchange Release 21 December 2016 at 9.00 am Finnish time (EET)

Cramo Plc to change its financial reporting practices

Cramo Plc will change its financial reporting practices as of 1 January 2017. The decision is based on the amended Securities Markets Act, which entered into force on 26 November 2015. Amendments to the Securities Markets Act concern, among other things, giving up the requirement to disclose interim reports for the first three and nine months of the year. Contrary to what was disclosed on 4 October 2016 regarding financial reporting in 2017, Cramo will publish Business Reviews for the first three and nine months of the year instead of interim reports.

In 2017 Cramo Plc will publish financial information as follows:

7 February 2017: Financial Statements Bulletin for 2016
28 April 2017: Business Review for January-March 2017
26 July 2017: Half Year Financial Report for January-June 2017
25 October 2017: Business Review for January-September 2017

CRAMO PLC

Leif Gustafsson
President and CEO

Further information:

Mr Leif Gustafsson, President and CEO, tel: +358 10 661 10
Mr Aku Rumpunen, Interim CFO, tel: +358 10 661 10, +358 40 556 3546
Mr Mattias Rådström, SVP, Communication, Marketing and Investor Relations, tel: +46 70 868 7045

Distribution:
Nasdaq Helsinki Ltd.
Principal media
www.cramogroup.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 and in about 330 depots. With a group staff around 2,500, Cramo's consolidated sales in 2015 was EUR 668 million. Cramo shares are listed on Nasdaq Helsinki Ltd.