Infrea is an industrial group that develops, builds and manages infrastructure projects such as road and ground systems, water and sanitation solutions and civil engineering works. The company targets municipalities, construction companies and public clients and operates in markets in Sweden and internationally through partnerships. Infrea was founded in 2012 and is headquartered in Stockholm.
* We expect Civil Engineering spending to rise * Taking advantages from being part of a group * 7-4x EBITA '26e-'28e, 17-13% FCF yields Civil engineering on the rise On Thursday we hosted Infrea's CEO, Martin Reinholdsson, at ABGSC's Investor Days. Mr...
* Normalisation in a small quarter * Better cash flow, low net debt and buybacks * M&A on the way and infrastructure spending to rise Sales and earnings miss driven by normalisation Infrea sold its Water & Sewage segment during Q4'25, and we have included...
* Sales -15%, adj. EBITA -15% vs. ABGSCe, -15% org. growth * '26e-'28e adj. EBITA estimates likely down 5-10% * Share to focus on cash flow and market activity Q1 details Infrea delivered a slightly soft report in a small quarter. Organic sales was -...
* Entering 2026e in better shape * Early signs of an improving market * 7-5x EV/EBITA '26e-'28e, 16-10% FCF yields In better shape Infrea is entering 2026e with a clearer business model and in better internal shape. The Water & Sewage segment has been...
* Solid earnings momentum in Paving services * Divestment brings net cash position and dividend * M&A and more internal improvements to come First quarter with Water & Segment out of the numbers In Q4'25, Infrea sold its Water & Sewage segment. We included...
* Sales 0%, adj. EBITA 0% vs. ABGSCe, 2.5% org. growth * '26e-'27e adj. EBITA estimates likely flat * Share to focus on DPS and solid improvements Q4 details Infrea delivered a solid report with organic sales +2.5% y-o-y, and a high margin driven by ...