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Edge20 Feb 2026
Dollar General: The Rural Retailer Playbook
How Dollar General built a small-box empire across rural America, scaling value and convenience into one of retail's most durable business models.
GRK Infra
GRK Infra (GRK) investor relations material
GRK Infra Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary12 Feb, 2026
Executive summary
Achieved record revenue of EUR 872.3 million in 2025, up 19.7% year-over-year, with growth in all operating countries driven by large projects, strong project execution, and expansion in environmental technology and electrical engineering through acquisitions.
Adjusted operating profit margin improved to 6.7% (from 6.3%), exceeding long-term targets.
Major projects, including Rail Baltica, Vantaa tramway, and large contracts in Finland, Sweden, and Estonia, contributed substantially to revenue.
Order backlog at year-end was EUR 723 million, with several major projects in the development phase not yet included.
IPO completed in April 2025, raising EUR 34.4 million in gross proceeds and expanding the shareholder base.
Financial highlights
Full-year revenue grew 19.7% year-over-year to EUR 872.3 million, with growth in all operating countries.
Adjusted operating profit for 2025 increased to EUR 58.2 million, with an adjusted EBIT margin of 6.7%.
Full-year EBITDA rose to EUR 72.4 million (8.3% margin).
Net income for 2025 was EUR 43.0 million, with basic EPS of EUR 1.07.
Operating free cash flow was EUR 138.0 million, up from EUR 41.3 million in 2024.
Outlook and guidance
Revenue for 2026 is estimated at EUR 720–870 million, with adjusted operating profit expected between EUR 45–60 million.
Market growth anticipated in all operating countries, with particular opportunities in electrical network construction and circular economy.
First quarter of 2026 expected to be weak due to seasonality and project phasing.
Long-term revenue target raised to over EUR 950 million by 2028, focusing on organic growth and acquisitions.
Acquisitions for 2028 revenue target
Finnish rail market challenges impact
Sweden growth beyond Stegra project
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Next GRK Infra earnings date
Q1 20265 May, 2026
GRK Infra
Next GRK Infra earnings date
Q1 20265 May, 2026
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