Kempower’s Q3 report showed that the expected improvement in order intake has not yet materialized. High customer stock levels weakened demand, and this impact is expected to continue until early 2025. The order intake amounted to EUR 51.5 million, 15% lower than the previous year and 11% below expectations. The company also lowered its full-year revenue guidance to EUR 220–230 million (previously EUR 220–260 million). According to an Inderes analyst, Kempower is expected to return to growth in 2025, but there is considerable uncertainty about the timing of the turnaround. Has the stock declined enough, or… what? A more detailed analysis from the Inderes analyst can be found below. Inderes Kempower Q3'24: No clear signals of a growth turnaround yet - Inderes We still expect growth to turn positive in 2025, but there is considerable uncertainty about the timing of the turnaround.

There have been a lot of various negative news related to Kempower lately. The stock price is dropping and has dropped significantly. Here are an analyst’s comments on the recent news. Kempower completed its redundancy negotiations, and the actual headcount reduction was largely in line with expectations. We believe a profitability turnaround is possible in 2025, but this will require the company to achieve success on the sales front in addition to savings. In the short term, we see significant uncertainty about order growth and market demand. Inderes Kempower: Change negotiations completed, but profitability also needs a sales... Kempower completed its redundancy negotiations, and the actual headcount reduction was largely in line with expectations. We believe a profitability turnaround is possible in 2025, but this will require the company to achieve success on the sales...

Here is a fresh and high-quality analysis of a potential future success or failure. The demand challenges seen in the charging market stem from over-investment by charging operators in 2022-23. We expect that lower customer inventory levels and the acquisition of new customers will turn Kempower’s sales into growth in 2025, with a clear turnaround in profitability. We find the long-term growth of the target market and the competitive value creation potential of Kempower’s products as attractive at the current share price. We raise our recommendation to Accumulate (previously Reduce) but reduce our target price to EUR 16 (previously EUR 19), due to the increase in the required return, among other factors. Inderes Kempower Q2'24: Challenging times still ahead, but the long game is appealing... We find the long-term growth of the target market and the competitive value creation potential of Kempower's products as attractive.

Kempower’s stock has plummeted a lot… just too much or totally justified? Anyway… many expect this company’s mega success to continue. Inderes Kempower Q1'24: Pressure is building up for the end of the year - Inderes The beginning of the year was challenging for Kempower, partly due to high customer inventory levels and delayed decision-making. However, the company expects the situation to improve during the latter part of the year. The beginning of the year was challenging for Kempower, partly due to high customer inventory levels and delayed decision-making. However, the company expects the situation to improve during the latter part of the year. Kempower’s CEO Tomi Ristimäki comments in an interview with analyst Pauli Lohi. Content: 00:00 Intro 00:22 Challenging quarter 01:14 Guidance 02:06 Product portfolio 02:32 Market drivers 04:01 Charging infrastructure for utility vehicles 05:10 Competitive landscape

Sara och Pauli pratade mycket om den omtalade Kempower. Inderes Kempower: Q3 numbers were not pretty - Inderes Time: 2024-11-14 16:25 The Q3 report did not yet show the desired improvement in order intake. The negative impact of high customer stock levels on demand looks set to continue until early 2025. We still expect growth to turn positive in 2025, but... Content: 00:00 Intro 00:08 Company’s situation 01:28 Q3 02:00 Inventory levels 03:11 Market situation 04:25 Most important thing in Kempower’s case 05:29 Valuation and recommendation

Here is the best analysis, very comprehensive and high-quality. It’s worth reading about this “Tesla of Finland.” Kempower has rapidly grown its market share in the fast charger market in recent years. However, the current year’s result is turning into a loss, and competition has intensified, partly due to a temporary weakening of market demand. The key to the investment story would be for Kempower to be able to strengthen its market position in the coming years without a significant decline in margins. For the time being, the uncertainty of the outlook and the difficulty of predicting the competitive situation weigh on the risk/reward ratio. We reiterate our Reduce recommendation and the target price of EUR 10. Inderes Kempower extensive report: Development of competitiveness put to test - Inderes The key to the investment story would be for Kempower to be able to strengthen its market position in the coming years without a significant decline in margins.

Jag hittade inte den här nyheten själv, men det är säkert något som också intresserar investerare. Alpitronic är en ny aktör i USA, men de har redan ingått ett avtal med Mercedes-Benz. Mercedes planerar att investera en miljard dollar (i första fasen) för att bygga sitt eget laddningsnätverk i USA. Målet är att bygga 400 laddningsstationer till år 2027, och laddaren som valts är Alpitronics HYC400-modell. Det verkar som att Alpitronic redan med sitt första avtal har kommit upp jämsides med Kempower och kanske till och med gått förbi dem. prnewswire.com Mercedes-Benz High-Power Charging Accelerates Investment in the US Clean... Mercedes-Benz High-Power Charging will be the first charging network in the US to deploy Alpitronic's industry leading Hypercharger 400 at scale with units...