Reported Earnings • 5h
Second quarter 2026 earnings: EPS and revenues exceed analyst expectations Second quarter 2026 results: EPS: €0.03 (up from €0.014 loss in 2Q 2025). Revenue: €62.4m (up 15% from 2Q 2025). Net income: €1.90m (up €2.70m from 2Q 2025). Profit margin: 3.0% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) also surpassed analyst estimates by 200%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Annuncio • Aug 14
Kh Group Oyj Provides Earnings Guidance for the Year 2026 KH Group Oyj provided earnings guidance for the year 2026. For the year, the company expects net sales to increase in 2026 compared to 2025. Annuncio • May 13
Kh Group Oyj and Kh-Koneet Group Oy Announces Board Changes KH Group Plc announced that Juha Karttunen has resigned from the position as member of the Board of Directors of KH Group Plc and the Board of its subsidiary, KH-Koneet Group Oy. The Board of Directors of KH Group has consequently elected Christoffer Landtman as the new Chair of the Board of Directors. Following Juha Karttunen’s resignation, the composition of the Board of Directors is hence the following: Christoffer Landtman (Chair), Maija Jokela, Jari Rautjärvi and Jon Unnérus. Additionally, due to the change in Board composition, the Board of Directors has elected Jari Rautjärvi as the Chair and Maija Jokela and Christoffer Landtman as members of the Audit Committee. Annuncio • May 08
KH Group Oyj Announces CFO Changes Minni Lempinen (Master of Science, Economics) has been appointed as the CFO of KH Group Plc as of 17 August 2026. Mrs. Lempinen’s previous career includes serving as CFO of Endomines Plc. KH Group’s current CFO, Tommi Rötkin, will leave the company by 3 June 2026. Pekka Raatikainen has been appointed as interim CFO for the transition period. Raatikainen has et al. previously served as CFO for Relais Group and Fibox. Annuncio • May 06
KH Group Plc Appoints Maija Jokela to Its Board of Directors and Approves Composition of Audit Committee, Effective 5 May 2026 KH Group Plc at its Annual General Meeting held on 5 May 2026, approved election of Maija Jokela to the Board of Directors until the closing of the Annual General Meeting of 2027. In its constitutive meeting held after the Annual General Meeting, the Board of Directors elected Jari Rautjärvi as Chair and Juha Karttunen and Christoffer Landtman as members of the Audit Committee. New Risk • Mar 31
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Profit margins are more than 30% lower than last year (0.1% net profit margin). Market cap is less than US$100m (€35.7m market cap, or US$41.2m). Major Estimate Revision • Mar 27
Consensus EPS estimates fall by 25% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from €0.04 to €0.03 per share. Revenue forecast steady at €216.0m. Net income forecast to grow 400% next year vs 41% growth forecast for Industrials industry in Finland. Consensus price target of €0.60 unchanged from last update. Share price fell 4.4% to €0.53 over the past week. Annuncio • Mar 23
KH Group Plc Announces Departure of Tommi Rötkin as CFO, Effective June 2026 KH Group Plc announced that CFO and member of the Group management team Tommi Rötkin has announced his decision to take up a new position outside the company by June 2026 at the latest. Tommi Rötkin has worked at KH Group since 2020 and as the CFO since June 2024. The recruitment process for the new CFO has been initiated. The new CFO will be recruited reflecting KH Group’s revised strategy. Reported Earnings • Mar 20
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: €0.01 (down from €0.12 in FY 2024). Revenue: €205.3m (up 5.8% from FY 2024). Net income: €300.0k (down 96% from FY 2024). Profit margin: 0.1% (down from 3.5% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Major Estimate Revision • Feb 18
Consensus estimates of losses per share improve by 20% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from €200.0m to €205.0m. EPS estimate increased from -€0.05 per share to -€0.04 per share. Industrials industry in Finland expected to see average net income growth of 33% next year. Consensus price target up from €0.45 to €0.60. Share price was steady at €0.55 over the past week. Annuncio • Feb 05
KH Group Oyj to Report Fiscal Year 2025 Results on Mar 20, 2026 KH Group Oyj announced that they will report fiscal year 2025 results on Mar 20, 2026 New Risk • Feb 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Finnish stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.1x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (2.3% net profit margin). Market cap is less than US$100m (€32.3m market cap, or US$38.1m). Annuncio • Dec 01
KH Group Oyj, Annual General Meeting, May 05, 2026 KH Group Oyj, Annual General Meeting, May 05, 2026. Major Estimate Revision • Nov 29
Consensus EPS estimates fall from profit to €0.05 loss The consensus outlook for fiscal year 2025 has been updated. Forecast loss of -€0.05 per share in 2025, versus previous forecasts of €0.00 per share. Revenue forecast unchanged from €200.0m at last update. Industrials industry in Finland expected to see average net income growth of 29% next year. Consensus price target down from €0.50 to €0.45. Share price was steady at €0.42 over the past week. Annuncio • Nov 20
Kati Kivimäki acquired 58.3% stake in Indoor Group Oy from KH Group Oyj (HLSE:KHG) in a management buyout transaction for an enterprise value of €26 million. Kati Kivimäki acquired 58.3% stake in Indoor Group Oy from KH Group Oyj (HLSE:KHG) in a management buyout transaction for an enterprise value of €26 million on November 20, 2025. The shares subject to the transaction comprise 58.3% of all shares in Indoor Group, and a nominal purchase price has been paid to KH Group for them. In addition, KH Group has in connection with the transaction agreed on a financing arrangement in which Indoor Group as a whole has been valued at an enterprise value of €26 million, taking into account Indoor Group’s interest-bearing net debt, excluding lease liabilities. In the financing arrangement, KH Group has repaid Indoor Group's debt to the financing bank by €2 million and forgiven the receivable from Indoor Group resulting from said repayment as well as other loan receivables from Indoor Group totaling €3.5 million, of which KH Group had already previously written down a portion equal to €2.4 million. As a result of the transaction, KH Group will record a loss of €3.3 million in total in the result for the financial year 2025 after the deduction of costs related to the transaction.
Kati Kivimäki completed the acquisition of 58.3% stake in Indoor Group Oy from KH Group Oyj (HLSE:KHG) in a management buyout transaction on November 20, 2025. New Risk • Nov 03
New major risk - Revenue and earnings growth Earnings have declined by 29% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Earnings have declined by 29% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (2.3% net profit margin). Market cap is less than US$100m (€26.4m market cap, or US$30.4m). Major Estimate Revision • Sep 23
Consensus EPS estimates fall by 100% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €200.0m to €198.0m. Losses expected to increase from €0.01 per share to €0. Industrials industry in Finland expected to see average net income growth of 15% next year. Consensus price target down from €0.60 to €0.52. Share price fell 5.5% to €0.47 over the past week. Major Estimate Revision • Aug 22
Consensus EPS estimates fall by 50%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €193.0m to €200.0m. EPS estimate fell from €0.02 to €0.01 per share. Net income forecast to shrink 76% next year vs 16% growth forecast for Industrials industry in Finland . Consensus price target down from €0.65 to €0.60. Share price rose 6.3% to €0.54 over the past week. New Risk • Aug 19
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.3% Last year net profit margin: 3.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.1x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (2.3% net profit margin). Market cap is less than US$100m (€30.4m market cap, or US$35.4m). Price Target Changed • Aug 18
Price target decreased by 12% to €0.60 Down from €0.68, the current price target is provided by 1 analyst. New target price is 18% above last closing price of €0.51. Stock is down 13% over the past year. The company is forecast to post earnings per share of €0.01 for next year compared to €0.12 last year. Reported Earnings • Aug 17
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: €0.01 loss per share (improved from €0.026 loss in 2Q 2024). Revenue: €54.3m (down 39% from 2Q 2024). Net loss: €800.0k (loss narrowed 56% from 2Q 2024). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. New Risk • May 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Finnish stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings are forecast to decline by an average of 2.4% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (€31.4m market cap, or US$35.0m). Reported Earnings • May 07
First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2025 results: €0.01 loss per share (improved from €0.056 loss in 1Q 2024). Revenue: €41.9m (down 46% from 1Q 2024). Net loss: €500.0k (loss narrowed 81% from 1Q 2024). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 50%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Annuncio • May 07
Kh Group Oyj Approves Committee Appointments KH Group Oyj announced at the AGM held on May 6, 2025, resolved to establish an Audit Committee and elected Taru Narvanmaa as Chair and Juha Karttunen and Jari Rautjärvi as members of the Audit Committee. Reported Earnings • Mar 21
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: €0.12 (up from €0.26 loss in FY 2023). Revenue: €194.6m (down 28% from FY 2023). Net income: €6.80m (up €21.9m from FY 2023). Profit margin: 3.5% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 38%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Industrials industry in Europe. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Annuncio • Mar 21
KH Group Plc Provides Earnings Guidance for the Year 2025 KH Group Plc provided earnings guidance for the year 2025. For the year, the company estimates that both the net sales (EUR 194.0 million) and the comparable operating profit (EUR 7.2 million) will remain approximately at the same level year-on-year. New Risk • Nov 27
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.2x net interest cover). Minor Risks Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (€35.9m market cap, or US$37.7m). New Risk • Nov 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 40% per year for the foreseeable future. Minor Risks Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (€35.7m market cap, or US$37.4m). New Risk • Nov 24
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 40% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 40% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (€31.8m market cap, or US$33.1m). Major Estimate Revision • Nov 05
Consensus EPS estimates upgraded to €0.04 loss, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €364.0m to €357.0m. 2024 losses expected to reduce from -€0.06 to -€0.04 per share. Industrials industry in Finland expected to see average net income growth of 16% next year. Consensus price target up from €0.65 to €0.68. Share price rose 3.5% to €0.59 over the past week. Annuncio • Nov 04
KH Group Oyj, Annual General Meeting, May 06, 2025 KH Group Oyj, Annual General Meeting, May 06, 2025. Annuncio • Oct 04
KH Group Oyj Announces Composition of Nomination Board The Shareholders’ Nomination Board of KH Group Plc has been appointed in accordance with the Charter of the Nomination Board approved by the Annual General Meeting held on 11 May 2022. The Nomination Board comprises three representatives of the Company’s largest shareholders based on the ownership situation on 31 August 2024 and the Chairman of the Board of Directors of KH Group. The members of the Nomination Board are: Simon Hallqvist, Preato Capital AB, Mikko Laakkonen, Johanna Takanen, Juha Karttunen, Chairman of the Board of Directors of KH Group. In its organizing meeting on 3 October 2024, the Nomination Board elected Simon Hallqvist as its Chairman. New Risk • Aug 18
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 0.7% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.7% operating cash flow to total debt). Earnings have declined by 52% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (€33.1m market cap, or US$36.5m). New Risk • Aug 14
New major risk - Revenue and earnings growth Earnings have declined by 49% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 49% per year over the past 5 years. Minor Risks High level of debt (94% net debt to equity). Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (€33.2m market cap, or US$36.6m). Annuncio • Aug 09
KH Group Plc Revises Earnings Guidance for the Year 2024 KH Group Plc revised earnings guidance for the year 2024. In connection with the stock exchange release on 7 June 2024 regarding the sale of HTJ, the company updated its pro forma guidance for 2024 as follows: net sales of EUR 370 million – EUR 390 million and operating profit of EUR 9 million – EUR 13 million including the capital gain from Indoor’s real estate sale in Estonia. According to the updated guidance, the company estimates, with the current Group structure, to reach pro forma net sales of EUR 340 million –EUR 360 million and operating profit of EUR 4 million – EUR 7 million in 2024. Major Estimate Revision • Jun 13
Consensus EPS estimates increase from loss to €0.00 profit, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €385.8m to €378.0m. EPS estimate of -€0.02 up from expected loss of €0.00 per share previously. Capital Markets industry in Finland expected to see average net income growth of 4.1% next year. Consensus price target up from €0.65 to €0.72. Share price rose 15% to €0.63 over the past week. New Risk • Jun 11
New major risk - Revenue and earnings growth Earnings have declined by 49% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 49% per year over the past 5 years. Minor Risks High level of debt (94% net debt to equity). Market cap is less than US$100m (€37.2m market cap, or US$39.9m). Annuncio • May 15
KH Group Plc Announces Resignation of Lauri Veijalainen as CEO Lauri Veijalainen and KH Group Plc have agreed that Lauri Veijalainen will leave his position as the CEO of KH Group Plc. Veijalainen continues as the CEO of Indoor Group, a group company of KH Group. KH Group Plc starts the process to identify a new CEO immediately. Veijalainen will continue as the CEO of KH Group Plc at the most for a period of six months until his successor starts in this position. Annuncio • May 03
KH Group Plc Revises Earnings Guidance for the Year 2024 KH Group Plc revised earnings guidance for the year 2024. For the year, the company expects net sales to be in the range of EUR 400 million to EUR 420 million against previous guidance range of EUR 400 million to EUR 420 million. Operating profit to be in the range of EUR 12 million to EUR 16 million, including the operating profit from the real estate sale in Estonia, against previous guidance range of EUR 14 million to EUR 16 million, excluding the operating profit of approximately EUR 3.7 million from Indoor Group’s real estate sale in Estonia. The lowering of the guidance is based on lower-than-expected net sales and operating profit in Indoor Group and KH-Koneet mainly in the first quarter. General market uncertainty, labour union strikes in Finland and the implementation of Indoor Group’s new ERP system have negative impacts on KH Group’s net sales and operating profit. Annuncio • Mar 24
KH Group Plc Proposes No Dividend Distribute for the Financial Period Ended 31 December 2023 The board of Directors of KH Group Plc proposes to the Annual General Meeting that no dividend be distributed for the past financial period ended 31 December 2023. The profit distribution proposal of the board of directors takes into account the company’s liquidity situation at the time of making the profit distribution proposal, expected cash flows during the new year and the investments required by the change in strategy. Annuncio • Mar 23
KH Group Plc Provides Earnings Guidance for the Year 2024 KH Group Plc provided earnings guidance for the year 2024. For the year, the company estimates, with the current group structure, to reach net sales of EUR 400 million to EUR 420 million and operating profit of EUR 14 million to EUR 16 million. New Risk • Mar 20
New major risk - Revenue and earnings growth Earnings have declined by 38% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 38% per year over the past 5 years. Minor Risks High level of debt (73% net debt to equity). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (€44.9m market cap, or US$48.7m). New Risk • Feb 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (73% net debt to equity). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (€47.7m market cap, or US$51.6m). Price Target Changed • Dec 14
Price target decreased by 14% to €0.90 Down from €1.05, the current price target is provided by 1 analyst. New target price is 18% above last closing price of €0.76. Stock is down 35% over the past year. The company is forecast to post a net loss per share of €0.07 next year compared to a net loss per share of €0.14 last year. Annuncio • Oct 10
KH Group Oyj Announces Composition of Nomination Board The Shareholders’ Nomination Board of KH Group Plc has been appointed in accordance with the Charter of the Nomination Board approved by the Annual General Meeting of the company held on 11 May 2022. The Nomination Board comprises three representatives of the Company’s largest shareholders based on the ownership situation on 31 August 2023 and the Chairman of the Board of Directors of KH Group. The members of the Nomination Board are: Simon Hallqvist, Preato Capital AB, Mikko Laakkonen, Johanna Takanen, Juha Karttunen, Chairman of the Board of Directors of KH Group. In its organizing meeting on 9 October 2023, the Nomination Board elected Simon Hallqvist as its Chairman. The primary purpose of the Nomination Board is to prepare and present proposals for the Annual General Meeting concerning the composition and remuneration of the Board of Directors. The Nomination Board delivers its proposals for the Annual General Meeting to the Company’s Board of Directors by the last day of January preceding the Annual General Meeting at the latest. Annuncio • Aug 17
KH Group Oyj Appoints Ville Nikulainen as CFO Ville Nikulainen has been appointed as the CFO of KH Group Plc as of 1 September 2023. Mr. Nikulainen previously served as the interim CEO of KH Group between March and July 2023. He has extensive and international work experience from financial, managerial, and board of directors duties, including serving as the CFO of Mint of Finland Ltd. and Assemblin Oy, as well as serving in other financial management duties at Stora Enso Oyj and Uponor Corporation, among others. As announced on 15 May 2023, KH Group’s current CFO, Tuomas Joensuu, will leave the company. He will continue as CFO until the end of August. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improved over the past week After last week's 20% share price gain to €2.06, the stock trades at a trailing P/E ratio of 12.1x. Average forward P/E is 17x in the Capital Markets industry in Finland. Total returns to shareholders of 28% over the past three years. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 15% share price gain to €1.55, the stock trades at a trailing P/E ratio of 9.1x. Average forward P/E is 15x in the Capital Markets industry in Finland. Total loss to shareholders of 6.8% over the past three years. Upcoming Dividend • Apr 26
Upcoming dividend of €0.04 per share Eligible shareholders must have bought the stock before 30 April 2021. Payment date: 14 May 2021. Trailing yield: 2.7%. Lower than top quartile of Finnish dividend payers (3.6%). Lower than average of industry peers (4.0%). Is New 90 Day High Low • Feb 25
New 90-day high: €1.19 The company is up 18% from its price of €1.01 on 26 November 2020. The Finnish market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Capital Markets industry, which is up 22% over the same period. Is New 90 Day High Low • Jan 18
New 90-day high: €1.14 The company is up 9.0% from its price of €1.05 on 20 October 2020. The Finnish market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Capital Markets industry, which is up 23% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: €1.09 The company is up 10.0% from its price of €0.99 on 30 September 2020. The Finnish market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Capital Markets industry, which is up 19% over the same period. Is New 90 Day High Low • Dec 01
New 90-day high: €1.07 The company is up 7.0% from its price of €1.00 on 01 September 2020. The Finnish market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is up 11% over the same period. 
