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KH Group (KHG) investor relations material
KH Group Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales grew 7% year-over-year to EUR 44.6 million, but profitability declined with a comparable operating loss of EUR -1.1 million and net loss of EUR -2.9 million.
Full-year 2026 outlook remains unchanged, supported by a positive sales outlook for Q2 and a strong order book for 2026–2027.
Major refinancing completed, securing EUR 33.5 million in new financing agreements with Finnish institutions.
CFO transition announced, with recruitment for a new CFO underway; new CEO for KH-Koneet to start June 2026.
Financial highlights
Net sales: EUR 44.6 million (up from EUR 41.8 million year-over-year).
Comparable operating profit: EUR -1.1 million (EUR 0.2 million in Q1/2025).
Operating profit (EBIT): EUR -1.4 million (EUR -0.1 million in Q1/2025).
Net profit: EUR -2.9 million (EUR -0.4 million in Q1/2025).
Earnings per share: EUR -0.05 (EUR -0.01 in Q1/2025).
Cash and cash equivalents: EUR 9.0 million at period end.
Outlook and guidance
Net sales and comparable operating profit expected to increase in 2026 compared to 2025.
Growth investments planned for core businesses, with dividend payments subject to balance sheet and financing constraints.
- Profitability declined and 2024 guidance was cut as Indoor Group underperformed.KHG
Q2 202423 Apr 2026 - Net sales grew, but profitability fell amid divestments and liquidity risks, especially at Indoor Group.KHG
Q4 202426 Mar 2026 - Net sales up 5% in 2025, profit down, but equity ratio and order backlog improved.KHG
Q4 202520 Mar 2026 - Net sales rose but profits and equity declined; focus shifts to core businesses and divestment.KHG
Q3 202531 Oct 2025 - Profitability declined despite higher sales, with strategic focus shifting to core business and divestments.KHG
Q2 202515 Aug 2025 - Q3 2024 results declined year-over-year, with updated guidance and ongoing strategic divestments.KHG
Q3 202413 Jun 2025 - KH Group posted improved sales and profitability, with strategic focus on KH-Koneet and divestments.KHG
Q1 20255 Jun 2025
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