KH Group Oyj

KH Group is a profitably growing Nordic conglomerate that develops its business long-term to create value for its shareholders. The company is structured into three main business areas: KH-Koneet, Indoor Group, and Nordic Rescue Group (NRG). KH Group is undergoing a strategic transformation to focus on becoming an industrial group centered around the KH-Koneet business, which supplies construction and earthmoving equipment. The company's shares are listed on the Helsinki Stock Exchange.

326

1.43

0.41

— KH Group Oyj
%
Construction Equipment40% Includes sales and rental of construction and earthmoving machinery.
Furniture Retail35% Retail of furniture and interior products through Asko and Sotka chains.
Rescue Vehicles25% Manufacturing and supply of rescue vehicles.

KH Group serves a diverse range of customers across its business segments. The KH-Koneet division primarily caters to...

  • Construction and Property Maintenanceprimary

    Buys and rents machinery for construction and maintenance tasks.

  • Retail Consumerssecondary

    Purchases furniture and interior products from Asko and Sotka stores.

  • Emergency Servicesemerging

    Acquires rescue vehicles for operational needs.

KH Group operates primarily in the Nordic region, with significant activities in Finland and Sweden...

  • •Primary operations in Finland and Sweden
  • •Expansion focus in Sweden for construction equipment
  • •Manufacturing of rescue vehicles in the Nordic region
  • •Nordic market conditions impact business strategy
  • •Regulatory environment in the Nordics influences operations

KH Group's current strategy involves transforming into an industrial group centered around the KH-Koneet business...

01
Transformation into industrial groupmedium-term

To focus on core competencies and streamline operations.

02
Geographic expansionlong-term

To increase market presence and revenue in Sweden.

03
Sustainability and innovationshort-term

To meet customer demand for eco-friendly products.

KH Group faces several business and financial risks, including market demand fluctuations and geopolitical...

high

Market demand fluctuations

Affects revenue and profitability.

Materiality
high
high

Execution risks in transformation

Potential disruptions during strategic shift.

Materiality
medium
medium

Geopolitical uncertainties

Impact business operations and strategic decisions.

Materiality
high
medium

Supply chain disruptions

Lead to increased material costs.

Materiality
medium
Revenue recognition timing
high
IFRS 16
Lease accounting (IFRS 16)
medium
Alternative performance measures
medium

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Kesko Oyj

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: 11/08/2026