• Forum
  • Premium
  • Stock Markets
    • MarketsLive prices, indices, and market performance
    • Morning ReviewDaily market recap and key overnight highlights
    • Stock CalendarUpcoming earnings, listings, and corporate events
    • Dividends CalendarFuture and past dividends
  • Companies
    • CompaniesBrowse and filter the full list of listed companies
    • DiscoveryInspiration for your next investment
    • IPOsNew listings and upcoming public offerings
    • AGM InvitationsAnnual general meeting dates and shareholder info
  • Stock Research
    • ResearchExpert stock analysis and recommendations
    • ArticlesNews, insights, and market commentary
    • PortfolioInderes model portfolio
    • FemmeBreaking barriers and building confidence in investing
  • Learn about investing
    • Analysis SchoolLearn how to read and understand stock analysis
    • Investing SchoolGuides and lessons to grow your investing knowledge
    • Portfolio buildersInvesting knowledge for every level, from first steps to advanced portfolio strategies.
    • inderesTVVideo hub for stock research, analysis, and expert commentary
    • TranscriptsFull text records of earnings calls and investor meetings
    • Stock ComparisonCompare financials and performance across multiple stocks
    • Earnings SeasonCompare EPS estimates to reported results
    • Insider TransactionsTrack buying and selling activity by company insiders
    • Virtual Analyst ChatAsk questions and get instant AI-powered investment insights
    • Compound Interest CalculatorSee how your savings grow with the power of compound interest.
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • Instagram
  • X (Twitter)
  • Tiktok
  • Linkedin
Get in touch
  • info@inderes.fi
  • +358 10 219 4690
  • Porkkalankatu 5
    00180 Helsinki
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Q&A
  • Terms of service
  • Privacy policy
  • Disclaimer

Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Log in to your Inderes Free account to see all free content on this page.
Create account

Kesla

4.25 EUR-2.52 %21.8. klo 18.29
3,606 following

KELAS

NASDAQ Helsinki

Industrial Goods & Services

Industrials

Overview
Financials & Estimates
Ownership
Dividend
Investor consensus
Compare
-2.52 %
-4.28 %
-23.84 %
+59.77 %
+84.78 %
+39.80 %
-4.06 %
-24.11 %
+136.90 %

Kesla is a manufacturing company within forestry technology, which includes solutions such as truck and industrial cranes, harvester heads, wood chippers and grapples. In addition to its main business, the company supplies cabs and seating equipment. The products are sold around the global market, with the largest presence in Europe, North and South America. The company was founded in 1960 and has its headquarters in Joensuu.

Read more
Market cap
14.38M EUR
Turnover
85.21K EUR
P/E (adj.) (26e)
EV/EBIT (adj.) (26e)
P/B (26e)
EV/S (26e)
Dividend yield-% (26e)
Coverage
Recommendation
Sell
Target price
Updated
08.05.2026
Disclaimer
Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
Low
High
All
Research
Press releases
ShowingAll content types

Forum discussions
KESLA Defence expands the performance of the Kerberos system to critical infrastructure with a new concrete drilling solution - Inderes
8/17/2026, 6:41 AM
by Tuuukka
4
The result was excellent for this point in time. a) Q2 operating profit is in the black and cash flow was strong! b) “Our outlook, particularly in the defense industry, is strong.” c) The financial situation is no longer critical (?): “…we have been able to reduce net debt, meet ...
yesterday
by Maikköl
3
Yes, but that is exactly the point: “In line with cash flow development, Kesla reduced its interest-bearing net debt by EUR 4.6 million in H1, and the company had EUR 6.1 million in net debt at the end of H1. As a result, the gearing ratio on the balance sheet side fell from the ...
yesterday
by Maikköl
2
Follow-up note from Kauppalehti. A well-phrased headline; the operating profit really did seem to struggle to stay in the black: Tärkeimmät talousuutiset | Kauppalehti – 21 Aug 26 Puolustusvälinetoimitukset tukivat Keslaa kasvuun – Liiketulos pinnisti... Työkonevalmistajan liikevaihto...
yesterday
by Maikköl
2
Good result. This is a good foundation to build on, and shareholders don’t need to be nervous. Personally, I’m waiting to see if Avant takes on a bigger role, but we’ll see about that sometime in the future.
yesterday
by jätkä1
2
Kesla’s active communication regarding new products is also a pretty nice thing. KESLA Defence ja Avant Power aloittavat yhdessä liikkuvan energialogistiikan kehittämisen puolustusalan tarpeisiin - Inderes “The mobile battery packs can be equipped with ballistic protection, which...
8/19/2026, 8:16 AM
by Maikköl
2
Here are Aapeli’s pre-market comments ahead of Kesla’s Q2 results on Friday We expect the company’s revenue and profit to have improved slightly from the lackluster comparison period, but for the operating result to still remain at a break-even level. We forecast a slight increase...
8/18/2026, 4:57 AM
by Sijoittaja-alokas
2
Read more on our forum
Aapeli Pursimo
Aapeli Pursimo

Analyst

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
30.10.
2026

Business review Q3'26

Press release21.08.2026 klo 10.00

Kesla Launches proPILOT and proC i 2.0 Control Systems for Timber Cranes

Kesla
Press release19.08.2026 klo 10.15

KESLA Defence and Avant Power Join Forces to Develop Energy Logistics Capability for Defence Operations

Kesla
Press release17.08.2026 klo 09.00

KESLA Defence Expands Kerberos Capability to Critical Infrastructure with New Concrete Drilling Solution

Kesla

Join Inderes community

Don't miss out - create an account and get all the possible benefits

FREE account
Stock market's most popular morning newsletter
Analyst comments and recommendations
Stock comparison tool
PREMIUM account
All company reports and deep analyses
Premium tools: model portfolio, screener, insider transactions
Premium columns: Guest column, expert insights
Inderes MCP - Inderes data directly into your AI tools
Create account
Press release23.06.2026 klo 14.00

Kesla Introduces the New BB360 Rotator for Harvester Heads

Kesla
Press release05.06.2026 klo 12.00

Kesla Launches New F-Series Forestry Cranes – Performance, Controllability and Modularity for the Most Common Forwarder Classes

Kesla
Press release01.06.2026 klo 14.00

Kesla Reappoints Rosenqvist Maskin AB as Tractor Equipment Dealer in Sweden

Kesla
Analyst Comment07.02.2024 klo 09.29 by
Erkki Vesola

Componenta and Kesla: AGCO confirmed weak market outlook for 2024

The American agricultural machinery manufacturer released its Q4’23 report yesterday, opening its market prospects for 2024. The comments were in line with what Deere said about the market already last year.

ComponentaKesla