GRK Infra
Logotype for GRK Infra Oyj

GRK Infra (GRK) investor relations material

GRK Infra Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for GRK Infra Oyj
Q1 2026 earnings summary5 May, 2026

Executive summary

  • Order backlog reached a record €883.1M at the end of March 2026, up 22% from year-end, driven by strong project wins in Sweden and Estonia, supporting a positive outlook for 2026 despite revenue decline due to seasonality and lower Stegra project volumes.

  • Profitability improved, with an adjusted EBIT margin of 5.3% (up from 5.0% in Q1 2025), and successful avoidance of unprofitable projects.

  • Major new contracts include the Norrbotniabanan railway in Sweden (€55M) and national road 4 in Estonia (€38M), with significant project wins and ongoing development in all operating countries.

  • Strategy execution is progressing, with active exploration of M&A opportunities and a busy construction season expected, especially in Sweden.

  • Net profit for Q1 2026 was €6.1M.

Financial highlights

  • Q1 2026 revenue was €111.9M, down 35.9% year-over-year, mainly due to Sweden's decline and seasonality.

  • Adjusted EBIT margin for Q1 2026 was 5.3%, higher than the prior year.

  • Operating cash flow for Q1 2026 was €46.0M; net working capital at -€156.8M.

  • Equity ratio improved to 54.2% (up from 42.9% in Q1 2025); net debt was -€233.4M, indicating a strong net cash position.

  • Net profit: €6.1M; basic and diluted EPS: €0.15.

Outlook and guidance

  • 2026 revenue guidance: €720–870M (2025: €872.3M).

  • Adjusted operating profit guidance: €45–60M (2025: €58.2M).

  • Growth target for 2028 raised to €950M in revenue.

  • Positive full-year outlook, supported by a robust order backlog and project pipeline.

  • Market expected to grow in all operating countries, with strong opportunities in electrical network construction and circular economy.

Stegra project volume impact on Q1 revenue
Status of FCCA asphalt paving market investigation
Timeline for Turku and Vantaa tramway decisions
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.

Next GRK Infra earnings date

Logotype for GRK Infra Oyj
Q2 202628 Jul, 2026
GRK Infra
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next GRK Infra earnings date

Logotype for GRK Infra Oyj
Q2 202628 Jul, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Explore our global coverage