KH Group lifts 2026 profit outlook to EUR 9-10 million after posting a sharp rise in nine-month earnings, supported by robust demand for rescue vehicles and operational improvements in its machinery division.
KH Group has demonstrated a significant turnaround in its 2026 interim report, with comparable operating profit rising to EUR 5.9 million from EUR 2.2 million in the prior year. The company has raised its full-year 2026 guidance to a comparable operating profit of EUR 9–10 million, supported by robust performance in its KH-Koneet machinery division and a record order backlog at Nordic Rescue Group. Despite the positive financial trajectory, the company faces a leadership transition as CEO Carl Haglund has announced his intention to step down by the first half of 2027.
KH Group expects net sales of EUR 210–230 million and a comparable operating profit of EUR 9–10 million.
CEO Carl Haglund has informed the Board of his intent to step down within the first half of 2027; the search for his successor has already commenced.
KH-Koneet Group Oy will merge into the parent company, KH Group Oyj, on December 31, 2026, to improve administrative efficiency.
KH Group reported a significant earnings turnaround for the first nine months of 2026, with comparable operating profit rising to EUR 5.9 million from EUR 2.2 million. Driven by improved efficiency at KH-Koneet and a record order backlog at Nordic Rescue Group, the company raised its full-year operating profit guidance to EUR 9-10 million. CEO Carl Haglund announced his intention to step down by mid-2027 as the firm streamlines its structure.
The improvement is driven by successful efficiency measures at KH-Koneet, a turnaround in Swedish operations, and a record-level order backlog at Nordic Rescue Group.
KH Group plans to merge its subsidiary KH-Koneet Group Oy into the parent company, KH Group Oyj, on December 31, 2026, to enhance administrative efficiency.