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KH Group

0.99 EUR+5.07 %22.9. klo 18.25
7,692 following

KHG

NASDAQ Helsinki

Conglomerates

Industrials

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+5.07 %
+32.18 %
+91.15 %
+80.73 %
+114.69 %
+101.62 %
+13.86 %
-50.30 %
-88.93 %

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.

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Market cap
57.73M EUR
Turnover
180.09K EUR
P/E (adj.) (26e)
EV/EBIT (adj.) (26e)
P/B (26e)
EV/S (26e)
Dividend yield-% (26e)
Coverage
Recommendation
Accumulate
Target price
Updated
17.08.2026
Disclaimer
Revenue and EBIT-%
EPS and dividend
Financial calendar
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Forum discussions
Q2 was undeniably strong for KH Group, and in my career as an analyst, I haven’t seen a profit warning risk turn into such a clear profit upgrade risk based on a single report. Of course, with KH Group, it’s good to keep in mind that situations and outlooks change faster than for...
8/17/2026, 7:05 AM
by Thomas Westerholm
22
Aki Pyysing has written about KooHoo for our enjoyment If I had to choose the stock most likely to double in price in a year on the Helsinki Stock Exchange right now, it would be KH-Group. Sijoitustieto.fi Callen rapukauden yllätys Suomenruotsalaisten rapujuhlissa ei tapahdu yleens...
8/16/2026, 5:55 PM
by Sijoittaja-alokas
20
An example from Muhos, where earthworks have already begun: “– Up to 30,000 loads of crushed stone will be hauled there by the end of November, around the clock. A full-trailer truck passes through the village of Muhos every five minutes, Tapani Ervasti says.” Yle Uutiset – 9 Sep...
9/10/2026, 10:19 AM
by Raha-aasi
16
Related to KH-Koneet. There is an article in Kauppalehti (Aug 30) on the impact of data center projects on the outlook for earthmoving companies. The rapid start of projects, tight implementation schedules, and round-the-clock work every day of the week require the earthmoving company...
8/30/2026, 7:44 AM
by Raha-aasi
12
Massive investments by Google in Finland. @All_in_aina Does the professional side have any views on how this and other data center & infrastructure investments currently affect the demand for earthmoving machinery? What kind of machines and products are consumed in these? Uusi Suomi...
9/9/2026, 9:45 AM
by Raha-aasi
8
I am completely clueless about the industry myself, but I went ahead and asked an acquaintance who works in earthmoving how things are going. Apparently well, but excavator acquisitions are currently challenging because demand is so high that delivery times have lengthened. I had...
9/10/2026, 2:27 PM
by Lohis
7
KH Group Q2’26: A strong quarter - Inderes
8/17/2026, 5:43 AM
by Tuuukka
6
Read more on our forum
Thomas Westerholm
Thomas Westerholm

Analyst

Latest research

Latest analysis report

Released: 17.08.2026

Latest extensive report

Released: 17.02.2026

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
30.10.
2026

Interim report Q3'26

KH Group Q2'26: A strong quarter
Research17.08.2026 klo 11.05 by
Thomas Westerholm

KH Group Q2'26: A strong quarter

KH Group's Q2 earnings exceeded our expectations in terms of both revenue and especially profitability. The positive surprises in the report were the turnaround in KH-Koneet's Swedish business and additional visibility into NRG's strong order book.

KH Group
KH Group Q2'26: Pirteät numerot17:37
Video14.08.2026 klo 16.09 by
Iikka Numminen

KH Group Q2'26: Pirteät numerot

KH Groupin Q2‑tulos ylitti odotuksemme sekä liikevaihdon kasvun että etenkin kannattavuuden osalta.

KH Group
KH Group Oyj, Q2'26
Webcast14.08.2026 klo 14.00

KH Group Oyj, Q2'26

KH Group

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KH Group Q2'26 flash comment: Swedish turnaround led to a clear earnings beat
Analyst Comment14.08.2026 klo 09.58 by
Thomas Westerholm

KH Group Q2'26 flash comment: Swedish turnaround led to a clear earnings beat

KH Group's Q2 earnings exceeded our expectations in terms of both revenue growth and especially profitability. The positive surprises in the report highlighted the turnaround in KH-Koneet's Swedish business and a broad-based improvement in relative profitability.

KH Group
Robokommentti KH Groupin Q2-tuloksesta
Analyst Comment14.08.2026 klo 08.01 by
Flash

Robokommentti KH Groupin Q2-tuloksesta

KH Groupin Q2-tulos ylitti odotuksemme selvästi sekä liikevaihdon että kannattavuuden osalta. Vahva kvartaali oli laaja-alainen: molemmat tytäryhtiöt paransivat tulostaan merkittävästi, ja erityisesti KH-Koneiden kannattavuuskäänne – myös Ruotsissa – oli ennakoimaamme voimakkaampi. Yhtiö toisti ohjeistuksensa, jonka saavuttaminen näyttää nyt selvästi todennäköisemmältä, ja koko vuoden ennusteisiimme kohdistunee nostopaineita.

KH Group
Regulatory press release14.08.2026 klo 08.00

KH Group Plc’s Half-Year Report 1 January–30 June 2026: Growth continued and profitability improved year-on-year

KH Group
Regulatory press release14.08.2026 klo 08.00

KH Group Oyj:n puolivuosikatsaus 1.1.–30.6.2026: Kasvu jatkui ja kannattavuus parani vertailukauteen nähden

KH Group
KH Group Q2'26 preview: Subsidiaries are pulling earnings upward
Analyst Comment12.08.2026 klo 09.00 by
Thomas Westerholm

KH Group Q2'26 preview: Subsidiaries are pulling earnings upward

We expect the company's revenue and adjusted EBIT to have grown significantly from the comparison period, driven by both subsidiaries.

KH Group
Regulatory press release12.05.2026 klo 13.20

Juha Karttunen on eronnut KH Group Oyj:n hallituksesta. Christoffer Landtman on valittu hallituksen uudeksi puheenjohtajaksi.

KH Group
Regulatory press release12.05.2026 klo 13.20

Juha Karttunen has resigned from the Board of Directors of KH Group Plc. Christoffer Landtman has been elected new chair of the Board of Directors.

KH Group
Regulatory press release06.05.2026 klo 10.40

KH Group Oyj:n uudeksi talousjohtajaksi Minni Lempinen

KH Group
Regulatory press release06.05.2026 klo 10.40

Minni Lempinen appointed as CFO of KH Group Plc

KH Group
KH Group Q1'26: Weak quarter leaves ground to make up
Research06.05.2026 klo 11.04 by
Thomas Westerholm

KH Group Q1'26: Weak quarter leaves ground to make up

KH Group's Q1 profitability was at a weak level due in part to timing-related factors.

KH Group
KH Group Q1'26: Toimitusviiveitä18:50
Video05.05.2026 klo 17.43 by
Thomas Westerholm

KH Group Q1'26: Toimitusviiveitä

KH Groupin liikevaihto kasvoi Q1:llä 6,7 %, mutta kannattavuus heikkeni KH‑Koneiden epäedullisen lumitilanteen vuoksi.

KH Group
Regulatory press release05.05.2026 klo 17.30

Decisions of KH Group’s Annual General Meeting and the constitutive meeting of the Board of Directors

KH Group
Regulatory press release05.05.2026 klo 17.30

KH Groupin varsinaisen yhtiökokouksen ja hallituksen järjestäytymiskokouksen päätökset

KH Group
KH Group Q1'26 -pikakommentti: Toimitusviiveet painoivat tuloksen alle odotusten
Analyst Comment05.05.2026 klo 09.29 by
Thomas Westerholm

KH Group Q1'26 -pikakommentti: Toimitusviiveet painoivat tuloksen alle odotusten

KH Groupin kannattavuus jäi selvästi odotuksistamme kausiluonteisesti hiljaisella Q1:llä, vaikka liikevaihto jatkoi kasvuaan.

KH Group
Robokommentti KH Groupin Q1-tuloksesta
Analyst Comment05.05.2026 klo 08.01 by
Flash

Robokommentti KH Groupin Q1-tuloksesta

KH Groupin Q1-liikevaihto oli linjassa odotuksiimme, mutta kannattavuus jäi selvästi alle ennusteemme. Tulosta painoivat NRG:n yksittäisen toimituksen viivästyminen sekä KH-Koneiden heikko kannattavuus kausiluonteisesti hiljaisella neljänneksellä. Yhtiö toisti ohjeistuksensa ja johto viestii luottavaisesti loppuvuoden näkymistä.

KH Group
Regulatory press release05.05.2026 klo 08.00

KH Group Oyj:n osavuosikatsaus tammi–maaliskuu 2026: Kasvu jatkui, mutta kannattavuus heikkeni kausiluonteisesti hiljaisella neljänneksellä

KH Group
Regulatory press release05.05.2026 klo 08.00

KH Group Plc’s Interim Report January–March 2026: Growth continued, but profitability declined during a seasonally subdued quarter

KH Group