KH Group

0.55 EUR

0.00 %

7,715 following

KHG

NASDAQ Helsinki

Conglomerates

Industrials

Overview

Financials & Estimates

Investor consensus

0.00 %

+17.34 %

+18.36 %

+31.73 %

+7.45 %

+9.60 %

-53.79 %

-51.50 %

-93.90 %

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.

Market cap

31.83M EUR

Turnover

8.69K EUR

P/E (adj.) (25e)

15.51

EV/EBIT (adj.) (25e)

16.12

P/B (25e)

0.67

EV/S (25e)

0.5

Dividend yield-% (25e)

-

Coverage

Recommendation

Reduce

Target price

0.60 EUR

Updated

2026-02-13

Thomas Westerholm

Analyst

Latest research

Latest analysis report

Released: 2026-02-17

Latest extensive report

Released: 2026-02-17

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar

20/3

2026

Annual report '25

5/5

2026

Interim report Q1'26

5/5

2026

General meeting '26

Risk

Business risk

Valuation risk

Low

High

All

Research

Webcasts

Press releases

ShowingAll content types

KH Group extensive report: Go time ahead

Extensive researchyesterday by

Thomas Westerholm

KH Group extensive report: Go time ahead

With the Indoor Group divestment, KH Group's structural transformation journey is complete and its strategy now focuses on KH-Koneet and NRG.

KH Groups fart ökade baserat på preliminära uppgifter

Analyst Comment2/5/2026, 5:00 AM by

Thomas Westerholm

KH Groups fart ökade baserat på preliminära uppgifter

Både KH-Koneet och NRG presterade bättre än förväntat, vilket lyfte omsättningen och rörelseresultatet över guidningens övre gräns.

Regulatory press release2/4/2026, 2:50 PM

Inside information, profit warning: KH Group’s net sales and comparable operating profit higher than expected. The company publishes preliminary results for 2025.

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Regulatory press release1/28/2026, 8:15 AM

Proposals of the Shareholders’ Nomination Board of KH Group Plc to the Annual General Meeting

Regulatory press release1/14/2026, 7:50 AM

KH Group Plc - Managers' Transactions – Carl Haglund

Regulatory press release12/29/2025, 3:10 PM

KH Group Plc - Managers' Transactions – Juha Karttunen

Regulatory press release12/29/2025, 12:45 PM

KH Group Plc - Managers' Transactions – Juha Karttunen

Regulatory press release11/28/2025, 1:10 PM

KH Group’s financial reporting and Annual General Meeting in 2026

KH Group: Clearer focus going forward

Research11/28/2025, 12:01 PM by

Thomas Westerholm

KH Group: Clearer focus going forward

With the transaction, KH Group completed its strategic transformation journey, and the availability of financing for its subsidiaries should improve.

KH Group lämnar äntligen Indoor Group-sagan bakom sig

Analyst Comment11/21/2025, 5:08 AM by

Thomas Westerholm

KH Group lämnar äntligen Indoor Group-sagan bakom sig

I samband med arrangemanget kommer KH Group att redovisa en förlust på 3,3 MEUR i sitt Q4-resultat.

Regulatory press release11/20/2025, 7:45 AM

Inside information: KH Group has sold its shares in Indoor Group and agreed on financing arrangements related to the sale

KH Group Q3'25: The story is taking shape

Research11/3/2025, 8:37 AM by

Thomas Westerholm

KH Group Q3'25: The story is taking shape

The change of CEO at KH-Koneet and the integration of NRG into the group's strategy stole the spotlight on KH Group's earnings day.

KH Group Q3’25 snabbkommentar: Mycket att smälta

Analyst Comment10/31/2025, 7:27 AM by

Thomas Westerholm

KH Group Q3’25 snabbkommentar: Mycket att smälta

KH Group meddelade en ändring i sin strategi, som syftar till att skapa en koncern med fokus på entreprenadmaskiner och räddningsfordon.

Regulatory press release10/31/2025, 6:00 AM

KH Group Plc’s Business Review January–September 2025: Group net sales increased, rescue vehicles integrated into strategy

KH Group Q3’25 förhandskommentar: Flera frågor i luften

Analyst Comment10/29/2025, 5:30 AM by

Thomas Westerholm

KH Group Q3’25 förhandskommentar: Flera frågor i luften

Från rapportdagen söker vi klarhet i bakgrunden till de faktorer som har plågat KH-Koneets marginal, den nya verkställande direktörens ståndpunkt om KH Groups strategiska revidering och säkerhet att det inte finns nya överraskningar bakom det oväntade VD-bytet.

Regulatory press release10/8/2025, 11:00 AM

Composition of KH Group Plc’s Shareholders’ Nomination Board

KH Group: A veil of uncertainty settled over the story

Research9/22/2025, 8:14 AM by

Thomas Westerholm

KH Group: A veil of uncertainty settled over the story

KH Group’s feared profit warning was a disappointment, as it confirmed that the challenges of the company’s most important business, KH-Koneet, continue.

Regulatory press release9/19/2025, 12:20 PM

Inside information: Carl Haglund appointed as CEO of KH Group Plc

Regulatory press release9/19/2025, 9:45 AM

Inside information, profit warning: KH Group Plc lowers its profit guidance for 2025

KH Group Q2'25: Quarterly results dampened by Swedish machine rental

Research8/18/2025, 1:18 PM by

Thomas Westerholm

KH Group Q2'25: Quarterly results dampened by Swedish machine rental

KH Group's Q2 report was disappointing due to the weakened profitability of KH-Koneet and the extremely poor performance of the Indoor Group, which is up for sale.

Forum discussions

KH Group’s updated comprehensive analysis is finally out! Inderes KH Group laaja raportti: Edessä näytön paikka - Inderes Indoor Group –irtautumisen myötä KH Groupin rakenteellinen muutosmatka on valmis strategian painottuessa KH-Koneiden ja NRG:n ympärille. An exceptional amount...

2/13/2026, 6:25 AM

by Thomas Westerholm

24

Exactly right. Of course, you have to remember that last year was -50% compared to the previous one, which was -60% compared to '23, But yes, companies have woken up. And things are starting to happen.

2/11/2026, 1:44 PM

by All in aina

21

Regarding KH-Koneet, it is interesting that a year of strong growth was depicted as being ahead in Sweden. If the availability of financing improves following the exit from Indoor, the conditions for implementing growth investments should also improve. Hopefully, profitability will...

yesterday

by Thomas Westerholm

17

The newsletter paints a positive picture of the start of the year. According to Calle, the selection of Teppo Sakari’s successor has progressed well, and there will be news to announce in the near future. Inderes KH Groupin uutiskirje kevät 2026 - Inderes Vuosi 2026 on lähtenyt KH...

2/16/2026, 4:35 PM

by Raha-aasi

12

Tärkeimmät talousuutiset | Kauppalehti – 13 Feb 26 Toivo Sukari kertoo yrittäneensä viimeiseen asti ostaa Askon ja Sotkan Huonekalualan konkari Toivo Sukari sanoo tehneensä vuoden ajan töitä yrityskaupan eteen. Se ei lopulta toteutunut. Huonekalualan kilpailutilanne menee nyt uusiksi...

2/16/2026, 5:28 AM

by Wallet Buffet, Omahanonennuste

12

Yle Uutiset – 18 Feb 26 Vähintään 15 000 asiakasta jäämässä ilman Askosta tai Sotkasta ostamaansa... Pesänhoitaja kuvailee konkurssia Suomen mittaluokassa poikkeukselliseksi. Konkurssipesän selvittelyssä menee kuukausia. At least 15,000 customers will likely lose their money and ...

8 hours ago

by Nordman09

11

Traficom published the January first registrations for wheel loaders, and Kramers were apparently(?) registered many times more than a year ago. To avoid getting too excited, I would like to ask @All_in_aina, for example, if I am reading the table correctly? In working machinery ...

2/11/2026, 7:53 AM

by Raha-aasi

10

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