Kreate - Finnish Infrastructure Builder

Here are Atte’s comments regarding Kreate’s Junatie metro bridge project :slight_smile:

Kreate announced on Wednesday that it has signed the agreement for the implementation phase of the Junatie metro bridge renewal. Consequently, the company will record an order of approximately EUR 60 million in its Q2’24 order backlog. We consider the project’s transition to the implementation phase an expected step, as it has already been in the company’s development phase portfolio. We had expected the order to materialize during the first half of the current year, so this order, which is fully in line with our expectations, does not create any pressure to change our forecasts.

5 Likes