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GRK Infra (GRK) investor relations material
GRK Infra Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Record-high order backlog of €1,170 million at June 30, 2026, driven by strong tendering and the KSBR acquisition.
Profitability improved significantly, with adjusted EBIT margin rising to 9.5% from 6.2% year-over-year, despite a 20.8% revenue decline.
Strategic acquisition of KSBR completed on June 30, 2026, expanding capabilities in industrial and energy construction and strengthening private-sector exposure.
Positive market outlook across all operating countries, with strong demand in selected growth segments, especially in Sweden and energy/data center projects.
Careful project selection and efficient execution supported margin improvement.
Financial highlights
H1 2026 revenue: €322 million (down from €406.4 million in H1 2025).
H1 2026 adjusted EBIT: €30.5 million (up from €25.1 million in H1 2025).
EBITDA increased to €37.2 million (11.5% margin), up from €31.6 million (7.8% margin) year-over-year.
Net profit for the period was €24.8 million, up from €18.8 million.
Equity ratio: 53% at June 30, 2026 (up from 50.2% year-over-year).
Outlook and guidance
2026 revenue guidance: €820–1,020 million (2025: €872.3 million).
2026 adjusted operating profit guidance: €70–95 million (2025: €58.5 million).
Outlook supported by strong order backlog, new contracts, and KSBR’s continued growth and integration.
Long-term revenue target for 2028 raised to €950 million.
- Record order backlog and strong profitability drive positive 2026 outlook and growth targets.GRK
Investor presentation25 May 2026 - Record order backlog and improved profitability support a positive 2026 outlook.GRK
Q1 20268 May 2026 - Record revenue and profit growth in 2025, with strong outlook and dividend proposal for 2026.GRK
Q4 202516 Feb 2026 - Strong revenue and profit growth, robust cash flow, and a successful IPO drive expansion.GRK
Q3 202530 Oct 2025 - Revenue and profit surged in H1 2025, with strong outlook, robust backlog, and strategic expansion.GRK
Q2 20251 Sep 2025 - Revenue up 61% year-over-year, strong profitability, record order backlog, and successful IPO.GRK
Q1 20251 Sep 2025
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