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Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Summary
Transcript
  • Kreate reported Q3'26 revenue doubled year‑on‑year, management highlighted significant top‑line growth for the quarter.
  • Management said ongoing investments and cost inflation have increased operating costs and resource competition, implying pressure on margins.
  • Company discussion focused on infrastructure and campus projects (notably Forssa), and strategic expansion into Sweden, Poland and Asia with partnerships referenced (Blackstone mentioned).

This content is generated by AI based on a video transcript. You can give feedback on it in the Inderes forum.

Disclaimer: This is a machine-generated transcript and may contain inaccuracies.

TV
Tomi Vikström
00:00 - 00:08

Tervetuloa. Tomi Vikström.

AJ
Atte Jortikka
00:21 - 00:41

E. E e e e e e e e e e e. E e e.

TV
Tomi Vikström
00:52 - 00:57

E. E e e e e e e.

AJ
Atte Jortikka
00:59 - 01:44

But. I ate melon, melon Vahan aikaa ja et. La Scala on. La noche. De. La tavola. Sweet. Sweet spot. Mosque. Mosque is a mosque. Nausea. Nausea. Ja. Paljon. Okita. Ja. Nearly.

TV
Tomi Vikström
01:46 - 01:54

As. Etta Vaillancourt. Usein p ISO on NE. On Delta.

AJ
Atte Jortikka
02:00 - 02:51

E. E. E e e e e e e e e e e. E e e e e e e e e. E. E e e e e e e e e e e. E e e e. E e. E e e e e e Mylan.

TV
Tomi Vikström
03:02 - 03:07

Esta noche en la toison.

AJ
Atte Jortikka
03:18 - 04:16

d'Or was an infrastructure in Nuevo. Leon. Ya kun otetaan se. NE NE NE NE NE pas se. SE mosque pitau sen vaikutus on hyvin. Milan tietoja to sen a2 ja. La. La. La la la la.

TV
Tomi Vikström
04:20 - 04:36

La la. La la la la la la la la la. La la.

AJ
Atte Jortikka
04:40 - 05:15

La la la. La. La la. Taveras. Han. Joka. Vuosi. Vahva. On NZ. Eteenpäin.

TV
Tomi Vikström
05:19 - 05:39

Investment. Vauva. Mut. Data. Paljon. Cytotec. Ja. Kustannus. Inflation. ETA. Mahallesi. Joko. Lütken. Tuatahi. Logiudice. Tai. Vastaava.

AJ
Atte Jortikka
05:41 - 06:28

Investment. Resource. Kilpailu. Sillanaukee. Omena. Ator. Jotka. On. Ya ya. Ya na la tavola sellasia mutta na et missa ensimmainen sinun. Ietekmet. Hyvin hyvin et taux de. Ja vu se ja.

TV
Tomi Vikström
06:32 - 06:46

Tarchomin. QTS. Joita NE NE NE.

AJ
Atte Jortikka
06:52 - 08:34

NE. Is. Forssa online only. Ya ya ya. Ya ya. Na. Forssa on campus. Blackstone. Puhutaan.

On on on on. Tolossa sa samalla. Koko acasa ya ya ya. Im beraknas. Suomessa. Jokainen essi gentamicin toxicity data gentamicin lietuva se on anna-greta locationmanager milionia joka. Zoran per se et la lutte. Forssa Forssa. SE. Joka paiva paiva mitau. Sin. City. Hoito.

TV
Tomi Vikström
08:36 - 08:42

Campus. Halli. Kerala. Jatkasaari.

AJ
Atte Jortikka
08:48 - 08:59

Usein. Jatkuva. Tarlac City. Tulay. Güzelhisar.

TV
Tomi Vikström
09:11 - 09:18

Oglu. Urraca. Tortosa. Segment nine. Milan. Urraca. Coco.

AJ
Atte Jortikka
09:25 - 10:06

Coco. Coco. Coco. Infra. SE. Moon. Infra. Gentamicin. Gentamicin. La la la la la la la la la. Si. La la la. La la la la. La la. La. Ellie. On.

TV
Tomi Vikström
10:12 - 10:23

Your rapporteur, Mr. Data. La. Vie en se. Torstar. MP.

AJ
Atte Jortikka
10:24 - 10:32

On. Varmaan. On. Olam. Tüm. Atte Jortikka.

TV
Tomi Vikström
10:35 - 10:49

Data. Potential. Infra inframarginal. Kvalitetnih. Meladinine. Palau. Torstar. Carcasa. Vojta.

AJ
Atte Jortikka
10:55 - 11:33

Medium. Tulua. Strategia. Strategia. Tell. Me more. It's me. Ottawa. Ottawa. Infra. Poland. Atte Jortikka. ET. SE. Asia et se. Asia.

TV
Tomi Vikström
11:35 - 11:45

Suomesta. Ruotsin. Lasky. Mukawa. Lento. Caucaso. Marquina. Tario.

AJ
Atte Jortikka
11:47 - 12:17

Martina. Pieni. Julkinen. Tahoe. Lehto. Asioita. Odilon se na na na. Na. Na. Na na. Creation. Mukana.

TV
Tomi Vikström
12:21 - 12:25

Vitu. Strategija. Ruotsin. Assault.

AJ
Atte Jortikka
12:28 - 12:58

On usko. Hänen. Hyvin. Create personae. Non. On. On. Sehen. Sehen sie sehen positivo. Pallavolo. Toyota. Etau. Hyvin. Tehdään. ET.

TV
Tomi Vikström
13:09 - 13:14

Al. Four nine.

AJ
Atte Jortikka
13:16 - 13:38

E e e e. E e. E e e e e e e e.

Kreate Q3'26: Revenue doubled

KREATE2026-10-26 17:51
Atte JortikkaAnalyst
Discuss

Kreate’s Q3 was strong, with revenue over-doubled compared to the same period last year. Growth was driven primarily by rock construction, private-sector groundworks, and the consolidation of KFS Finland. Kreate CEO Timo Vikström discusses the results in an interview with analyst Atte Jortikka.

(00:00) Introduction
(00:16) How did the quarter go?
(00:53) What is driving the growth?
(01:45) What are the revenue expectations for 2027?
(02:54) Has cost inflation been visible in Kreate’s projects and bidding process?
04:18) What does the market look like in the short term?
(06:32) Are data center construction and cost inflation considered risk factors?
(06:32) The QTS collaboration in Forssa – what is the scale of this project?
(08:35) New client opportunities?
(09:15) What is the typical size of a contract?
(10:11) Is the figure of 11 data center campuses currently relevant in terms of construction?
(10:34) Kreate’s potential in the infrastructure market?
(11:36) What is the outlook for the Swedish business?
(12:19) There is a change in leadership in Sweden; should any strategic shifts be expected?
(13:06) CEO Tomi Vikström is stepping down—what are the reasons behind this?

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