Announcement • Jun 25
Kesla Oyj Introduces the New Bb360 Rotator for Harvester Heads Kesla Oyj expanded its range of accessories for harvester heads by introducing the new BB360 rotator, enabling unlimited rotation without traditional movement restrictions. The BB360 rotator eliminates the restrictions related to hose routing between the boom and the harvester head, which have traditionally limited the working area and increased the risk of hose and control cable damage. These challenges have often led to unplanned downtime and additional maintenance costs. Similar types of solutions are in use among other harvester head manufacturers in various configurations, and the concept has proven to be reliable in demanding field conditions. The new rotator solution enhances working efficiency and allows operators to focus on what matters most, as there is no longer a need to constantly monitor the orientation of the harvester head in relation to energy transfer and cabling. This enables smoother and more uninterrupted work, even in challenging environments. The KESLA BB360 rotator is manufactured in Finland and is currently available installed on KESLA 24RH-III and 26RH-III harvester heads. Availability will be expanded in the future to meet customer needs across different markets. The first harvester heads equipped with the BB360 are on their way to customers. KESLA harvester heads are manufactured in Finland. The development and testing of new products and accessories are carried out in close cooperation with customers worldwide, ensuring that solutions are proven in real working conditions and meet high-quality standards. The BB360 rotator is a strong example of Kesla’s continuous investment in product development, quality, and customer experience. Announcement • Jun 05
Kesla Oyj Launches New F-Series Forestry Cranes Kesla Oyj has introduced its new generation of forwarder cranes. The new F-series covers the size classes KESLA 9F/FT, 10F/FT, 12F/FT and 14F/FT. The range has been developed to meet evolving industry requirements by combining performance, precision and modularity with proven durability and life-cycle efficiency. The four size classes in the new range offer a gross lifting moment of 120–180 kNm, covering a wide spectrum of the most common forwarder sizes. Each model is available both as a single-extension F-version (reach 8.2 m) and a double-extension FT-version (reach 10.07 m), enabling an optimal solution for varying operational and reach requirements. Two different pillar height options for each model allow flexible integration with different base machines and applications. The KESLA F-series has been developed as a unified product family, where key structural solutions and operational characteristics remain consistent throughout the range. This supports efficient production, easy maintenance, a consistent user experience, smooth integration with OEM partner machines, efficient spare parts management. During development, extensive customer feedback from existing cranes on the market was collected and combined with comprehensive field testing across different markets. The cranes have been tested in multiple applications and on various base machines, with highly positive user feedback – particularly regarding motion control, power feel and swing torque. Performance: strong lifting torque and smooth power delivery across the entire working range. Controllability: precise and predictable movements in all working situations. Geometry: optimized boom dimensions, efficient operation with minimal crane movement. Durability: thoroughly tested structure both in forest conditions and on test benches. Serviceability: designed for easy maintenance. Smart hydraulics: proven hose routing solutions and component selection; internal hose routing inside the extension boom is a patented solution. The modular design of the F-series enables a wide range of configuration options to meet different customer needs. The cranes are compatible with various link options and offer multiple pillar height alternatives, facilitating integration with different base machines and applications. The modular approach also minimizes the number of spare part items, supporting efficient product support. Thanks to the versatility of configurations, the new F-series cranes are also well suited for feeding chippers and other industrial applications. The new F-series is a key element of Kesla’s strategy to strengthen its position as one of the leading manufacturers of forestry cranes. With this range, Kesla provides a comprehensive and competitive solution for the entire CTL harvesting chain. New Risk • May 11
New major risk - Revenue and earnings growth Earnings have declined by 69% 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 Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 69% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€16.1m market cap, or US$18.9m).