Cramo Plc Lowers FY 2012 Revenue Guidance

Cramo Plc announced that for the fiscal year 2012 it expects to report its sales (revenue) at approximately the same level as in the fiscal year 2011. Previously, the Company expected its sales in the fiscal year 2012 to grow compared to the fiscal year 2011. The modification has been triggered by increasing market uncertainty and the sale of the modular space production and customized modular space rental businesses in Finland. The EBITA margin is still expected to improve in the fiscal year 2012 compared with 2011. For the fiscal year 2011, the Company reported revenue of EUR 679.89 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report revenue of EUR 705.09 million for the fiscal year 2012.