Ramirent Oyj announced unaudited consolidated earnings results for the third quarter and nine months ended September 2017. For the quarter, the company's net sales were EUR 184,694,000 against EUR 169,247,000 for the same period last year. EBIT was EUR 31,999,000 against EUR 234,000 for the same period last year. EBT was EUR 30,378,000 against LBT of EUR 2,296,000 for the same period last year. Profit for the period attributable to shareholders of the parent company was EUR 24,563,000 against loss of EUR 1,888,000 for the same period last year. Earnings per share on parent company shareholders' share of result, basic and diluted were EUR 0.23 against loss per share on parent company shareholders' share of result, basic and diluted of EUR 0.02 for the same period last year. Net cash flow from operating activities was EUR 50,495,000 against EUR 41,741,000 for the same period last year. Investment in tangible non-current assets (rental machinery) was EUR 39,269,000 against EUR 41,912,000 a year ago. Investment in other tangible non-current assets was EUR 1,825,000 against EUR 913,000 a year ago. Investment in intangible non-current assets was EUR 474,000 against EUR 354,000 a year ago. EBITDA was EUR 61.6 million against EUR 47.1 million for the same period last year. EBITA was EUR 34.1 million against EUR 14.2 million for the same period last year. Gross capital expenditure was EUR 41.4 million against EUR 43.3 million for the same period last year.

For the nine months, the company's net sales were EUR 523,435,000 against EUR 484,689,000 for the same period last year. EBIT was EUR 66,384,000 against EUR 19,152,000 for the same period last year. EBT was EUR 57,516,000 against EUR 11,943,000 for the same period last year. Profit for the period attributable to shareholders of the parent company was EUR 45,706,000 against EUR 9,539,000 for the same period last year. Earnings per share on parent company shareholders' share of result, basic and diluted were EUR 0.42 against EUR 0.09 for the same period last year. Net cash flow from operating activities was EUR 132,874,000 against EUR 110,801,000 for the same period last year. Investment in tangible non-current assets (rental machinery) was EUR 125,076,000 against EUR 132,115,000 a year ago. Investment in other tangible non-current assets was EUR 8,318,000 against EUR 9,748,000 a year ago. Investment in intangible non-current assets was EUR 2,151,000 against EUR 2,194,000 a year ago. EBITDA was EUR 152.4 million against EUR 121.2 million for the same period last year. EBITA was EUR 72.6 million against EUR 38.0 million for the same period last year. Gross capital expenditure was EUR 135.5 million against EUR 143.8 million for the same period last year. Comparable ROCE was 12.9% against 8.7% a year ago. ROCE was 13.0% against 5.4% a year ago. Comparable ROE was 19.6% against 12.2% for the same period last year. ROE was 20.1% against 7.1% for the same period last year. Net debt as at September 30, 2017 was EUR 369.9 million against EUR 357.3 million for the same period last year.

In 2017, the company's comparable EBITA is expected to increase from the level in 2016.