ONE GRK – now and in the future
The strategic intent is that during 2026–2028, GRK will grow profitably and in 2028 the company will be a forerunner in sustainable construction and have the most competitive team.
On 11 February 2026, the Board of Directors of GRK Infra Plc approved the company’s updated strategy and the long-term financial targets set for 2026–2028.
The change in the target reflects the company’s good development, the faster-than-expected growth of industry investments, the green transition and the critical infrastructure market, as well as the company’s plan to use its strong cash
position to accelerate growth.
The strategic policies remain largely unchanged, but the longterm revenue target has been increased. The new targeted revenue for 2028 is over EUR 950 million (previously: EUR 750 million).
GRK’s organic growth is expected to return to normal after years of exceptional growth, and the company will return to its normal long-term growth curve in 2026–2027.
The key policies of the strategy will remain unchanged in line with the strategy announced in connection with the company’s IPO in spring 2025. Maintaining profitability (adjusted operating profit margin above 6% over time) remains the primary target for all country companies and businesses. The company’s strategy is available on the company’s website.
Acquisitions
Achieving the revised revenue target requires strong organic growth, expanding business operations into new geographical areas, especially in Sweden, and expanding the service offering in selected areas of infrastructure construction in the current operating countries. Achieving the growth target and creating the growth sources described above also requires informed acquisitions.
GRK has used acquisitions throughout its history to increase new special expertise in infrastructure construction. In the rail construction business, for example, the company has acquired expertise through acquisitions and then developed its business consistently through organic growth. This operating model will be continued as a means of growth and competence development in line with the strategy.
Sustainability targets
Sustainability targets have also been specified in connection with the strategy update. The safety targets are being specified more precisely and the use of recycled material is to be increased further. The ambitious goal is to increase the annual use of recycled material to more than one million tonnes by 2030.
The availability of skilled and motivated workforce in the construction industry is a challenge, and GRK’s strength lies in its values-based entrepreneurial culture.
The aim is for GRK to attract, develop and retain the best multi-skilled experts in the industry. This goal is promoted by strengthening employee satisfaction and investing in the high-quality and positive work experience of trainees, which is systematically monitored after each trainee period.
Healthy and sustainable profitability is at the core of all of our
operations.
GRK measures the success of its strategy by means of the Group’s financial targets, which GRK intends to achieve by the end of 2028
Financial targets
- Revenue over EUR 950 million (previous target: EUR 750
million) - An adjusted operating profit margin of more than 6 per cent
over time - Net debt/adjusted EBITDA < 1.5 (last 12 months)
- A return on invested capital of more than 20 per cent over
time - Increasing dividend, at least 40% of net profit over time
Most competitive team
- Employee satisfaction (eNPS > 40)
- Trainee eNPS > 40
- Sickness absences < 2.5%
- We commit to the principles of fair operations 100%
A pioneer in sustainable construction
- Safety (accident frequency) < 5 (year 2026 < 6)
- Customer satisfaction > 4.5 out of 5
- Net zero regarding carbon emissions from own operations
in 2035 - No environmental damage
- Use of recycled materials over 1 Mt (2030)