Ramirent’s board of directors last week decided to rescind its dividend proposal to the annual general meeting to be held on April 2.
According to the new proposal, the board of directors proposes that no dividend be paid based on the adopted balance sheet for the financial year ended Dec. 31, 2008.
Ramirent is based in Vantaa, Finland, and has 361 branches in 13 countries. Its 2008 consolidated net sales were €703 million.
