Ramirent Plc announced unaudited earnings results for the fourth quarter and audited earnings results for the full year ended December 31, 2017. For the quarter, the company's net sales were EUR 200.3 million against EUR 180.5 million for the same period last year. EBITDA was EUR 53.1 million against EUR 47.9 million for the same period last year. Comparable EBITA was EUR 26.4 million against EUR 21.1 million for the same period last year. EBITA was EUR 25.1 million against EUR 21.2 million for the same period last year. Comparable EBIT was EUR 24.3 million against EUR 19.2 million for the same period last year. EBIT was EUR 23.0 million against EUR 19.2 million for the same period last year. Comparable EPS was EUR 0.17 against EUR 0.11 for the same period last year. EPS was EUR 0.16 against EUR 0.12 for the same period last year. Gross capital expenditure was EUR 31 million compared to EUR 47 million a year ago.

For the full year, the company's net sales were EUR 723.7 million against EUR 665.2 million for the same period last year. EBITDA was EUR 205.5 million against EUR 169 million for the same period last year. Comparable EBITA was EUR 99 million against EUR 68.1 million for the same period last year. EBITA was EUR 97.7 million against EUR 59.2 million for the same period last year. Comparable EBIT was EUR 90.6 million against EUR 59 million for the same period last year. EBIT was EUR 89.3 million against EUR 38.4 million for the same period last year. Comparable EPS was EUR 0.59 against EUR 0.35 for the same period last year. Gross capital expenditure was EUR 166.4 million compared to EUR 190.8 million a year ago. Comparable ROE was 20.6% against 12.1% for the same period last year. ROE was 20.9% against 7.2% for the same period last year. Net debt as at December 2017 was EUR 337.9 million against EUR 345.8 million for the same period last year. Earnings before taxes was EUR 77.0 million against EUR 28.1 million a year ago Return on equity was 20.9% against 7.2% a year ago. Comparable Result for the period for parent company shareholders was EUR 64.2 million against EUR 38.1 million a year ago. Result for the period attributable to shareholders of the parent company was EUR 63.452 million against EUR 22.081 million a year ago. Diluted earnings per share (EPS) on parent company shareholders's share of result was EUR 0.58 against EUR 0.20 a year ago. Net cash from operating activities was EUR 202.241 million against EUR 167.951 million a year ago. Investment in tangible non-current assets (rental machinery) was EUR 155.138 million against EUR 165.836 million a year ago. Investment in other tangible non-current assets was EUR 10.072 million against EUR 21.716 million a year ago.
Investment in intangible non-current assets was EUR 2.759 million against EUR 3.256 million a year ago.

In 2018, the company's comparable EBIT is expected to increase from the level in 2017.