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KH Group

0.75 EUR-0.79 %21/8 17:29
7,679 following

KHG

NASDAQ Helsinki

Conglomerates

Industrials

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Financials & Estimates
Dividend
Investor consensus
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-0.79 %
+38.24 %
+39.26 %
+31.47 %
+62.42 %
+42.97 %
-18.26 %
-69.12 %
-91.63 %

KH Group Plc is a Nordic corporation supporting sustainable construction and society’s critical functions with two business areas: KH-Koneet, supplier of construction and earthmoving machinery, and Nordic Rescue Group, rescue vehicle manufacturer. KH Group’s share is listed on Nasdaq Helsinki.

Read more
Market cap
43.68M EUR
Turnover
19.13K EUR
P/E (adj.) (26e)
16.34
EV/EBIT (adj.) (26e)
11.05
P/B (26e)
0.85
EV/S (26e)
0.49
Dividend yield-% (26e)
-
Coverage
Recommendation
Accumulate
Target price
0.70 EUR
Updated
2026-08-17
Disclaimer
Thomas Westerholm
Thomas Westerholm

Analyst

Latest research

Latest analysis report

Released: 2026-08-17

Latest extensive report

Released: 2026-02-17

Revenue and EBIT-%
EPS and dividend
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Forum discussions
What a relief of an earnings report For the first time in a long while, the figures were actually nice, and across the board at that! NRG performed, and KH Koneet did reasonably well in both countries. After the losses, the trailing ROE has even been pushed into the plus side by ...
8/14/2026, 6:48 AM
by Ummon
32
KH-Koneet reduced its interest-bearing bank loans by 6 million euros in Q2. In a company interview, the CEO said that NRG, in turn, is able to pay off its external debt by 2027 at the current repayment pace (though shareholder loans will remain). From the perspective of the stock...
8/15/2026, 6:48 AM
by Raha-aasi
27
Q2 was undeniably strong for KH Group, and in my career as an analyst, I haven’t seen a profit warning risk turn into such a clear profit upgrade risk based on a single report. Of course, with KH Group, it’s good to keep in mind that situations and outlooks change faster than for...
8/17/2026, 7:05 AM
by Thomas Westerholm
22
The interview is coming up! This time, however, @Iikka_Numminen will be filling in for me, as I have to be in too many places at the same time on the day of three earnings reports. You can post your questions for the interview below A strong quarter, and in my opinion, it’s very ...
8/14/2026, 6:34 AM
by Thomas Westerholm
22
Aki Pyysing has written about KooHoo for our enjoyment If I had to choose the stock most likely to double in price in a year on the Helsinki Stock Exchange right now, it would be KH-Group. Sijoitustieto.fi Callen rapukauden yllätys Suomenruotsalaisten rapujuhlissa ei tapahdu yleens...
8/16/2026, 5:55 PM
by Sijoittaja-alokas
20
Here is the CEO’s interview, have a great weekend!
8/14/2026, 1:10 PM
by Iikka Numminen
14
Q2 live webcast after all. Started at 2:00 p.m. Inderes KH Group Oyj, Q2'26 - Inderes Time: 14.08.2026 klo 14.00 Language: en Language: en Sector: Industrials - Engineering Activity: Webcast Edit: Let’s also add the NRG order backlog we just heard: 58 MEUR! Apparently an all-time...
8/14/2026, 11:03 AM
by Raha-aasi
8
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
30/10
2026

Interim report Q3'26

KH Group Q2'26: A strong quarter
Research2026-08-17 10:05 by
Thomas Westerholm

KH Group Q2'26: A strong quarter

KH Group's Q2 earnings exceeded our expectations in terms of both revenue and especially profitability. The positive surprises in the report were the turnaround in KH-Koneet's Swedish business and additional visibility into NRG's strong order book.

KH Group
KH Group Oyj, Q2'26
Webcast2026-08-14 13:00

KH Group Oyj, Q2'26

KH Group
KH Group Q2'26 flash comment: Swedish turnaround led to a clear earnings beat
Analyst Comment2026-08-14 08:58 by
Thomas Westerholm

KH Group Q2'26 flash comment: Swedish turnaround led to a clear earnings beat

KH Group's Q2 earnings exceeded our expectations in terms of both revenue growth and especially profitability. The positive surprises in the report highlighted the turnaround in KH-Koneet's Swedish business and a broad-based improvement in relative profitability.

KH Group

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Regulatory press release2026-08-14 07:00

KH Group Plc’s Half-Year Report 1 January–30 June 2026: Growth continued and profitability improved year-on-year

KH Group
KH Group Q2'26 preview: Subsidiaries are pulling earnings upward
Analyst Comment2026-08-12 08:00 by
Thomas Westerholm

KH Group Q2'26 preview: Subsidiaries are pulling earnings upward

We expect the company's revenue and adjusted EBIT to have grown significantly from the comparison period, driven by both subsidiaries.

KH Group
Regulatory press release2026-05-12 12:20

Juha Karttunen has resigned from the Board of Directors of KH Group Plc. Christoffer Landtman has been elected new chair of the Board of Directors.

KH Group
Regulatory press release2026-05-06 09:40

Minni Lempinen appointed as CFO of KH Group Plc

KH Group
KH Group Q1'26: Weak quarter leaves ground to make up
Research2026-05-06 10:04 by
Thomas Westerholm

KH Group Q1'26: Weak quarter leaves ground to make up

KH Group's Q1 profitability was at a weak level due in part to timing-related factors.

KH Group
Regulatory press release2026-05-05 16:30

Decisions of KH Group’s Annual General Meeting and the constitutive meeting of the Board of Directors

KH Group
KH Group Q1'26 snabbkommentar: Leveransförseningar tyngde resultatet under förväntningarna
Analyst Comment2026-05-05 08:29 by
Thomas Westerholm

KH Group Q1'26 snabbkommentar: Leveransförseningar tyngde resultatet under förväntningarna

KH Groups marginal var betydligt lägre än våra förväntningar under det säsongsmässigt lugna Q1, trots att omsättningen fortsatte att växa.

KH Group
Regulatory press release2026-05-05 07:00

KH Group Plc’s Interim Report January–March 2026: Growth continued, but profitability declined during a seasonally subdued quarter

KH Group
KH Group Q1'26 förhandskommentar: Med dubbel dragkraft mot resultatförbättring
Analyst Comment2026-04-30 07:27 by
Thomas Westerholm

KH Group Q1'26 förhandskommentar: Med dubbel dragkraft mot resultatförbättring

Vi estimerar att omsättningen och det justerade rörelseresultatet har ökat från jämförelseperioden, drivet av båda dotterbolagen.

KH Group
Regulatory press release2026-04-10 13:45

Notice to the Annual General Meeting of KH Group Plc

KH Group
KH Group strengthens its financial position with a 33.5 MEUR arrangement
Analyst Comment2026-03-31 08:04 by
Thomas Westerholm

KH Group strengthens its financial position with a 33.5 MEUR arrangement

KH Group announced on Monday that it has signed secured financing agreements totaling 33.5 MEUR.

KH Group
Press release2026-03-30 15:00

KH Group has signed financing agreements totalling EUR 33.5 million

KH Group
Regulatory press release2026-03-26 13:30

KH Group’s Annual Report 2025 published

KH Group
Regulatory press release2026-03-23 14:15

Change in KH Group’s management team: CFO Tommi Rötkin taking on a new position outside the company

KH Group
Machinery business back on earnings track
Research2026-03-23 10:05 by
Thomas Westerholm

Machinery business back on earnings track

KH Group's strong Q4 figures were already known based on the preliminary data provided by the company.

KH Group
Regulatory press release2026-03-20 07:45

H Group Plc’s Financial Statements Release for 1 January – 31 December 2025: A strong end to 2025

KH Group
KH Group Q4'25 förhandskommentar: Stark operationell prestation och effekterna av avyttringen av Indoor Group under luppen
Analyst Comment2026-03-17 07:19 by
Thomas Westerholm

KH Group Q4'25 förhandskommentar: Stark operationell prestation och effekterna av avyttringen av Indoor Group under luppen

Huvuddragen i rapporten avseende den operationella utvecklingen är till stor del kända i och med företagets positiva vinstvarning i början av februari.

KH Group