Kreate Group reports record Q3 performance and upgrades full-year 2026 guidance for the third time, fueled by robust demand in data center construction and improved project profitability.
Kreate Group has significantly outperformed expectations, leading to its third guidance upgrade for 2026. The company now projects revenue between EUR 670–710 million and EBITA between EUR 32–36 million, driven by efficient project execution, successful risk management, and a surge in data centre construction projects. This operational success is further evidenced by a record order backlog of EUR 848.5 million as of Q3 2026.
Kreate estimates 2026 revenue will be between EUR 670–710 million.
Growth is driven by successful project selectivity, efficient execution, strong risk management, and significant demand for data centre infrastructure.
Yes, current President and CEO Timo Vikström will step down by the end of 2027, with a successor to be appointed.
Kreate Group Oyj has raised its 2026 revenue and EBITA guidance for the third time this year, citing strong operational performance and efficient project execution. The Finnish infrastructure firm now expects revenue between EUR 670–710 million and EBITA of EUR 32–36 million, driven by a surge in data center projects and successful risk management in large-scale transport infrastructure.
The upgrade is attributed to faster-than-expected progress in major projects, strong operational performance in the third quarter, and successful risk management across both transport and private sector infrastructure contracts.