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Kempower Cuts 2026 Outlook as Q3 Revenue Slips 10% Amid Market Weakness

Kempower faces a challenging market as Q3 revenue falls to EUR 66.2 million, leading the firm to slash its 2026 guidance and initiate a deeper cost-restructuring program to protect its 2027 earnings base.

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KEMPOWR.HE
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Kempower cut its 2026 outlook on 3 November 2026, expecting full-year revenue growth below the prior range and operative EBIT lower than previously estimated. Q3 order intake fell 19% to EUR 60.8 million and revenue fell 10% to EUR 66.2 million, while operative EBIT was EUR -1.7 million. The raised fixed-cost savings target and higher order backlog are partial offsets.

Catalysts
  • ▼ 3 November 2026 outlook cut: 2026 revenue growth below prior range and operative EBIT lower than previously estimated
  • ▼ Q3/2026 order intake down 19% to EUR 60.8 million
Risk Factors
  • ▲ Fixed-cost reduction target raised to more than EUR 15 million annually, with full run-rate from Q3 2027
  • ▲ Order backlog EUR 128.3 million, 9% higher than a year ago, and liquidity EUR 91 million
▼ Show FAQ (2) ▲ Hide FAQ
What changed in Kempower's 2026 outlook?

On 3 November 2026 Kempower lowered its outlook and now expects full-year 2026 revenue growth below the lower end of its previous range and operative EBIT lower than previously estimated.

How did Q3/2026 order intake and revenue develop?

Order intake was EUR 60.8 million versus EUR 74.7 million a year earlier, down 19%, and revenue was EUR 66.2 million versus EUR 73.7 million, down 10%.

🎯 Key Takeaways

  • Full-year 2026 revenue growth and operative EBIT are now expected to fall below previous guidance due to persistent market headwinds.
  • The company has tripled its fixed-cost reduction target to over EUR 15 million annually, with full run-rate benefits expected by Q3 2027.
  • Despite a 19% decline in Q3 order intake, the company maintains a solid order backlog of EUR 128.3 million, up 9% year-over-year.

📝 Executive Summary

Kempower Corporation has lowered its 2026 financial outlook, citing a sharper-than-expected decline in public charging infrastructure investment. The company reported a 19% drop in Q3 order intake and a 10% revenue decline, prompting a strategic pivot to increase annual fixed-cost savings to over EUR 15 million by 2027.

❓ FAQ

What changed in Kempower's 2026 outlook?

On 3 November 2026, Kempower lowered its outlook, now expecting full-year 2026 revenue growth below the lower end of its previous range and operative EBIT lower than previously estimated due to market weakness.

How did Q3/2026 order intake and revenue develop?

Order intake fell 19% to EUR 60.8 million, while revenue declined 10% to EUR 66.2 million compared to the same period in 2025.