Strategy and financial targets

In February 2026, GRK's Board of Directors approved the updated long-term financial targets set for 2026–2028. The key guidelines of the strategy remain unchanged, in line with the strategy published in spring 2025 in connection with the company's IPO. We believe that geopolitics, security of supply, and the need to secure critical infrastructure will drive national infrastructure investments. For this reason, one of the chosen strategic approaches is to succeed in critical infrastructure and defense administration projects.

At the same time, industrial sustainable transition projects and the construction of energy infrastructure boost infrastructure construction. Energy efficiency, circular economy, low emissions, and halting biodiversity loss are at the core of sustainable infrastructure construction. We want to strengthen our contribution in green transition projects. We operate in Finland, Estonia and Sweden. With the strategy update, the intention is to expand into new areas of infrastructure construction and geographically, particularly in Sweden, as our projects have so far been concentrated in Northern Sweden.

The availability of skilled and motivated workforce is a challenge in the construction industry. The goal is to attract and keep the best multitalents. We want to be a viable player that develops its own experts for ongoing and future projects. Our success has been driven by our entrepreneurial culture, which we want to maintain. Another strategic means is fostering cooperation and unity across different operating countries and businesses. Our experts move flexibly between operating countries and businesses. During the strategy period, digitalization as well as information and hybrid risks place demands on the development of working methods and the operations of organizations.

GRK's strategy emphasizes being a pioneer in sustainable construction. We updated our financial targets with the strategy update. The core idea is to ensure healthy profitability in all operations. Growth in line with the strategy will be pursued both organically and through potential acquisitions.

We raised our long-term revenue target in connection with the update. The new revenue target for 2028 is more than EUR 950 million, as the previous target (EUR 750 million) was reached in 2025. Other targets remain unchanged.
The target revision reflects the company's strong performance, the faster-than-expected growth in industrial investments, the green transition, and critical infrastructure markets, as well as the company's plan to leverage its strong cash position to accelerate growth.

GRK's organic growth is expected to normalize after exceptional growth years, with the company returning to its long-term normal growth curve during 2026–2027. Achieving the updated revenue target requires strong organic growth, expansion into new geographical areas, particularly in Sweden, and broadening the service portfolio in selected infrastructure construction segments within current operating countries. Achieving the growth target and creating the above-described growth sources also requires considered acquisitions.