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KH Group: Indoor continues profitability improvement measures – the company will start change negotiations
Globenewswire·2025-05-12 09:00

Group 1 - Indoor Group will initiate change negotiations to improve profitability, covering 84 employees in support functions [1][2] - The goal of the negotiations is to achieve a profitability improvement of approximately EUR 2 million as part of a broader operating model reform aimed at an annual operating profit increase of at least EUR 10 million by the end of 2026 [2] - Indoor Group reported an operating loss of EUR 2.5 million in the first quarter, making these profitability improvement measures necessary [3] Group 2 - KH Group operates in various business areas, including construction equipment, rescue vehicles, and furniture retail, with a strategy to create an industrial group around KH-Koneet [3] - KH Group's shares are listed on Nasdaq Helsinki, indicating its presence in the public market [3]