Granlund’s year
“Growth was enabled by loyal long-term customers and our strong expertise”
In the challenging situation facing the real estate and construction sector, Granlund managed to achieve a good result. Our net sales improved in most business areas, with the highest achievers of the year being data center design, construction management and supervision as well as property software.
The highlights of the year included active innovation and development operations as well as a wide range of traineeships in the industry. Even in challenging times, it is important to invest in the talents of the future.
Key figures
Growth in a challenging market
Granlund achieved a positive result in 2024 in a challenging real estate and construction market.
The Group’s net sales increased by 9% year-on-year, reaching €152.1 million (€139.3 million), while the EBITDA from net sales was €20.4 million (€18.1 million) and operating profit €14.4 million (€12.7 million).
Data center projects, renovation, software and public sector projects continued to provide employment even in a more difficult economic climate.
152.1 M€
Revenue
14.4 M€
Operating profit
20.4 M€
EBITDA from net sales
1545
Number of employees
4.1 M€
Performance bonus
What happened during the year
Happy employees
Based on the personnel survey published in March, the majority (94%) of employees are satisfied with their workplace.
Read moreNew owner
The international investment company ICG became a minority shareholder in Granlund.
Read moreK-Lab joins the Granlund family
Granlund expanded its data center business in Sweden by acquiring K-Lab.
Read moreUnderstanding the climate impacts of the industry
Granlund’s report on the carbon footprint of renovation, alterations and demolition provided an overview of the climate impacts of the man-made environment.
Read moreNew data strategy
Data is rapidly gaining a more prominent role in the real estate and construction sector. The update of Granlund’s data strategy was completed.
Read moreCustomer satisfaction increased
Our customer satisfaction has increased since 2022. The brand survey results were also great.
Read moreTake a look at our year
