Turnaround setback
On Tuesday, KH Group significantly lowered its earnings guidance for the current year, citing lower-than-expected revenue and EBIT of Indoor Group and KH-Koneet, mainly for Q1. In our Q4 update, we were skeptical about the very strong and surprisingly precise guidance the company issued in March, but the 25% decline at the midpoint of the guidance was still disappointing to us.
KH Group
0,69
0,80
Akkumulér
Akkumulér
Sievi Capital is now a conglomerate with a new name KH Group. Our medium-term objective is to become an industrial group built around the business of KH-Koneet Group. KH Group’s share is listed on Nasdaq Helsinki.
Read more on company pageKey Estimate Figures01.05.2024
2023 | 24e | 25e | |
---|---|---|---|
Omsætning | 403,2 | 393,4 | 406,1 |
vækst-% | -6,00 % | -2,41 % | 3,22 % |
EBIT (adj.) | 10,8 | 9,6 | 17,8 |
EBIT-% (adj.) | 2,68 % | 2,44 % | 4,38 % |
EPS (adj.) | 0,12 | -0,07 | 0,07 |
Udbytte | 0,00 | 0,00 | 0,00 |
Udbytte % | |||
P/E (adj.) | 6,54 | - | 7,02 |
EV/EBITDA | 6,34 | 3,62 | 3,73 |