KH Group
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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.
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Q1 2026 earnings summary5 May, 2026

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.

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