Kreate Group (KREATE) Investor presentation summary

Financial performance and guidance

• Revenue for 2026 is guided at €670–710 million, more than doubling from €315 million in 2025, with EBITA expected at €32–36 million, up from €10.2 million in 2025.

• Growth is driven by efficient project execution, successful risk management, and rapid progress in ongoing projects, especially data center construction.

• Order backlog reached a record €886 million by Q2 2026, supporting future revenue visibility.

• EBITA margin target is above 5%, with a net debt/EBITDA ratio of 1.8.

• Dividend policy aims to distribute at least half of annual net profit; 2025 dividend per share is €0.60, yielding 4.8%.

Market position and growth drivers

• Specializes in demanding infrastructure construction, with 90% of revenue from Finland and 10% from Sweden.

• Market share and role have expanded, with strong demand drivers from public sector investments and large city infrastructure projects.

• Data center construction is a major growth area, with sector capacity in Finland expected to double by 2027.

• Acquisition of SRV Infra Oy expanded into underground rock construction, enhancing capabilities in critical infrastructure.

• Private sector share of revenue rose sharply to 36% in H1 2026.

Strategic initiatives and operations

• Over 300 projects executed annually, focusing on selective bidding and disciplined project selection to manage risks.

• KFS Finland Oy, a geotechnical construction leader, is now a consolidated subsidiary, contributing significantly to project capabilities.

• Swedish operations achieved their 2027 revenue target ahead of schedule, aiming for further geographic expansion.

• New CEO appointed for Swedish business, bringing extensive infrastructure experience.

• Strong capital efficiency maintained through a light balance sheet and systematic working capital management.