KH Group Plc’s Business Review January–September 2025: Group net sales increased, rescue vehicles integrated into strategy

Core Insights - KH Group's net sales increased in the first three quarters of 2025, but operating profit decreased year-on-year [4][8] - The company is focusing on long-term financing and the sale process of Indoor Group, while revising its strategy regarding Nordic Rescue Group [3][12] Financial Performance - For the July–September 2025 period, net sales from continuing operations were EUR 45.3 million, up from EUR 39.7 million, while comparable operating profit decreased to EUR 1.2 million from EUR 1.4 million [8] - For the January–September 2025 period, net sales reached EUR 141.3 million, an increase from EUR 132.3 million, with comparable operating profit declining to EUR 2.2 million from EUR 3.8 million [8] - The updated guidance for 2025 estimates net sales of EUR 190–200 million and comparable operating profit of EUR 5–6 million [4][14] Business Segments - KH-Koneet's net sales increased, but operating profit decreased, with growth in the machine dealership and rental business in Finland, while Sweden's machine rental business performed well [4] - Nordic Rescue Group experienced an increase in both net sales and operating profit in the third quarter, with a favorable order book outlook for 2026 and 2027 [5] Strategic Developments - The company has decided to no longer actively seek a new owner for Nordic Rescue Group, focusing instead on its development within the Group structure [3][12] - The ongoing sale process for Indoor Group is expected to be completed by the end of 2025, with a financial advisor engaged to explore options [7][12] Leadership Changes - A new CEO for KH-Koneet is being recruited following the decision of the long-standing CEO, Teppo Sakari, to step down in the first half of 2026 [6]