Kreate Group (KREATE) investor relations material

Business overview and market position

• Specializes in demanding infrastructure construction, with 85% of revenue from Finland and 15% from Sweden.

• Executes over 300 projects annually, maintaining agility and a light balance sheet.

• Focus areas include bridge, rock, road, railway, and foundation construction.

• Public sector generates over half of revenue, with a balanced customer mix across government, municipalities, and private sector.

Growth strategy and market drivers

• Revenue guidance for 2026 is €510–550 million, with a CAGR of 10.3% from 2017–2025.

• Growth enabled by acquisitions, large multi-year projects, and expansion in Sweden.

• Major growth drivers include industrial and transport investments, urbanization, and clean transition.

• Data centre market in Finland expected to grow rapidly, with capacity doubling by 2027.

Financial performance and profitability

• Maintains profitability through disciplined project selection and risk mitigation.

• EBITA guidance for 2026 is €18–22 million, with a target EBITA margin above 5%.

• Net debt/EBITDA target is below 2.5, supporting a strong balance sheet.

• Return on equity averaged 13.5% over five years, despite rapid growth.