Ramirent Plc reported preliminary earnings results for the third quarter of 2016. For the quarter, the company’s EBITA will be EUR 14.2 million and EBIT EUR 0.2 million. EBITA will include asset write-downs of EUR 5.9 million, reorganization costs of EUR 0.7 million and a negative impact from project reassessments of EUR 2.2 million.  In addition, EBIT will include intangible asset write-downs of  EUR 11.7 million. Reported net loss will be EUR 1.9 million including a tax benefit of EUR 3.7 million. Therefore Ramirent lowers its EBITA guidance for 2016. For 2017 the company sees profit improvement potential. For the year 2016, the company announced that it’s net sales in local currencies are expected to increase from the level in 2015 and EBITA-margin is expected to be lower than in 2015. The company lowered its EBITA guidance for 2016. Earlier the company was expecting that the net sales in local currencies and EBITA-margin to increase from the level in 2015.