Cramo Oyj reported consolidated earnings results for the third quarter and nine months ended of September 30, 2018. For the quarter, the company reported sales of EUR 197.9 million compared to EUR 191.9 million a year ago. Sales increased by 3.1%, the adoption of IFRS 15 standard on 1 January 2018 decreased sales by EUR 4.5 million in the third quarter due to earlier revenue recognition compared to previous year. EBITDA was EUR 71.4 million compared to EUR 68.6 million a year ago. EBITA was EUR 41.5 million against of EUR 40.5 million a year ago. Operating profit (EBIT) was EUR 40.4 million against of EUR 39.6 million a year ago. Profit before taxes was EUR 35.9 million compared to EUR 36.8 million a year ago. Profit for the period attributable to owners of the parent company was EUR 30.3 million compared to EUR 29.8 million a year ago. Net cash flow from operating activities was EUR 49.9 million against of EUR 47.5 million a year ago. Investments in tangible and intangible assets were EUR 61.1 million against of EUR 58.8 million a year ago. Comparable earnings per share were EUR 0.71 against of EUR 0.66 for the same period a year ago. Earnings per undiluted and diluted share attributable to owners of the parent company were EUR 0.68 against of EUR 0.67 a year ago. Comparable EBITA was EUR 41.6 million against EUR 40.2 million a year ago. Profit was positively impacted by the decrease in tax rate in Sweden, which decreased the amount of deferred tax liabilities. Capital expenditure was EUR 51.4 million against EUR 55.3 million a year ago. For the nine months, the company reported sales of EUR 562.2 million compared to EUR 532.8 million a year ago. EBITDA was EUR 181.1 million compared to EUR 171.6 million a year ago. EBITA was EUR 93.9 million against of EUR 88.0 million a year ago. Operating profit (EBIT) was EUR 90.8 million against of EUR 85.4 million a year ago. Profit before taxes was EUR 80.3 million compared to EUR 76.5 million a year ago. Profit for the period attributable to owners of the parent company was EUR 65.8 million compared to EUR 61.2 million a year ago Earnings per diluted share attributable to owners of the parent company were EUR 1.47 against of EUR 1.37 a year ago. Net cash flow from operating activities was EUR 123.9 million against of EUR 116.8 million a year ago. Investments in tangible and intangible assets were EUR 156.0 million against of EUR 145.6 million a year ago. Comparable earnings per share were EUR 1.55 against of EUR 1.37 for the same period a year ago. Comparable ROE was 16.4% against of 15.9% a year ago. Comparable EBITA was EUR 95.7 against EUR 87.7 million a year ago. ROCE was 11.6% against 11.1% a year ago. ROE was 15.9% against 14.7% a year ago. Sales growth was positively affected by acquisitions, particularly KBS Infra, that increased sales in total by EUR 22.7 million. Profitability improved mainly due to organic sales growth in the Modular Space and Equipment Rental Scandinavia segments. Cash flow from operating activities improved resulting mainly from the higher operational result and profit before taxes. Capital expenditure in was EUR 200.5 million against EUR 159.3 million a year ago.