contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  createdAt
  changedAt
  isPremium
  authors {
    __typename
    name
    pageUrl
    id
  }
  companies {
    name
    id
  }
  tags {
    name
    id
  }
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

Analyst

Thomas Westerholm

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.

A one-minute introductory video where the Finnish Defence Forces Logistics Command conducts field tests on Saurus’ new fire truck.                   Instagram              Puolustusvoimien logistiikkalaitos Instagramissa : "”Kenttätesteillä...    1,699 likes, 8 comments - pv_logistiikkalaitos April 8, 2026: "”Kenttätesteillä varmistetaan että ajoneuvo vastaa sille etukäteen asetettuja vaatimuksia”  Puolustusvoimat on hankkinut uusia maastokelpoisia sammutusajoneuvoja. Kevättalvella...

https://x.com/kariheikkila/status/2040027218785563114?s=20

Sukari bought the brand from a bankrupt company. KH had nothing to do with that transaction.

This is probably about whether the companies are sold with their debts or whether the brand, etc., business is sold debt-free.

So did KH sell Indoor for one euro? What is Sukari rambling about in AlfaTv/Ukkola’s latest YouTube interview, saying he paid millions for Asko and Sotka? Well, I hope someone didn’t skim off a good amount of money. As a shareholder, it just made me wonder.

Here are Thomas’s comments on KH’s €33.5 million financing arrangement                    Inderes              KH Group vahvistaa rahoituspohjaansa 33,5 MEUR:n järjestelyllä - Inderes    KH Group tiedotti maanantaina allekirjoittaneensa yhteensä 33,5 MEUR:n vakuudelliset rahoitussopimukset.

This was probably the decision to separate financing for the investment company period. Now the group operates as a single entity regarding financing: Parent & KH Koneet & NRG. It seems that the strategy is progressing as promised. In connection with this, I would hope that @Thomas_Westerholm, in connection with company analyses or similar, could challenge KH Group regarding its strategy for NRG. Alternatives/steps could include, for example:  KH Group acquires Teollisuussijoitus Oy’s (Finnish Industry Investment Ltd.) stake in NRG? NRG expands its offering beyond assembly and maintenance to new industry segments, such as domestic/Nordic companies in the fire safety sector and/or companies in the extinguishing system sector?  So, would NRG have the opportunity to acquire suppliers of niche products used in assembly? Or companies operating in fire safety and equipment maintenance? Calle and Tommi answered my questions in the Q4 webcast very comprehensively in the chat. Thank you for that. Perhaps in the next webcast, I will have eager inquiries related to this area as well  And now that I’ve gotten into the enthusiastic spirit of giving feedback , I would hope that the CEO of KH Group would participate in investment events, for example, and explain what KH Group is. The company has been quite in the dark after many CEO changes. Turku’s traditional machinery days were held on March 27-28. Of course, KH Group’s office in Lieto was also present. Here’s something for those who want to see what’s being done in KH Group’s machinery sales field. With humor, of course. Featuring, for example, presentations by KH salespeople, and news about Kobelco service.

KH Group

The transformation of KH Group toward a conglomerate to be built around KH-Koneet is progressing, but we estimate that the current difficult business environment can slow down the unlocking of value and expose Indoor Group in particular to balance sheet risks. Our SOTP calculation indicates a clear upside potential for the stock, although its realization is conditional on dissolving the current ownership structure and avoiding materialization of balance sheet risks.

<p>The transformation of KH Group toward a conglomerate to be built around KH-Koneet is progressing, but we estimate that the current difficult business environment can slow down the unlocking of value and expose Indoor Group in particular to balance sheet risks. Our SOTP calculation indicates a clear upside potential for the stock, although its realization is conditional on dissolving the current ownership structure and avoiding materialization of balance sheet risks.</p> 

	2022	23e	24e
Revenue	441.3	416.3	400.4
growth-%	3,737.4 %	-5.7 %	-3.8 %
EBIT (adj.)	12.2	11.6	10.1
EBIT-% (adj.)	2.8 %	2.8 %	2.5 %
EPS (adj.)	0.24	0.16	-0.01
Dividend	0.00	0.00	0.00
Dividend %
P/E (adj.)	4.9	3.4	neg.
EV/EBITDA	18.6	5.7	5.3

KH Group: A structural change worth waiting for

Key Estimate Figures2024-03-10

Forum discussions