# KH Group Raises 2026 Profit Outlook as Nine-Month EBIT Reaches €5.9 Million

> KH Group guided 2026 comparable operating profit to €9–10 million, up 40–50%, after nine-month EBIT of €5.9 million and a strong NRG order backlog to 2029.

- Published: 2026-10-30T06:45:21+00:00
- Section: Earnings & Results
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-30/kh-group-2026-ebit-guidance
- Source: [TradingView](https://www.tradingview.com/news/tradingview:f3c57614c1bba:0-kh-group-plc-khg-guides-2026-ebit-9-10m-up-40-50/)

## Key takeaways

- KH Group guided 2026 net sales to €210–230 million and comparable operating profit to €9–10 million, about 40–50% above last year.
- January–September comparable operating profit was €5.9 million versus €2.2 million a year earlier.
- The company cited a strong NRG order backlog extending to 2029 and said its CEO will step down within about six months.

[KH Group](https://akta.pro/company-profiles/003evbv/kh-group) Plc guided 2026 net sales to €210–230 million and comparable operating profit to €9–10 million, about 40–50% above last year, [TradingView](https://www.tradingview.com/news/tradingview:f3c57614c1bba:0-kh-group-plc-khg-guides-2026-ebit-9-10m-up-40-50/) reported on October 30, 2026. The Finnish holding company said January–September comparable operating profit was €5.9 million versus €2.2 million.

## KH Group's 2026 Guidance and Nine-Month Profit

The updated guidance sets a revenue band of €210–230 million alongside the €9–10 million comparable operating profit target. The nine-month figure of €5.9 million compares with €2.2 million in the same period a year earlier.

KH Group said its NRG order backlog extends to 2029. The company also said its CEO will step down within about six months. KH-Koneet profitability improved, which the company described as a key driver of group margins, with a Swedish turnaround reducing drag.

KH Group is a Finnish publicly listed holding company with two Nordic business areas: KH-Koneet, a distributor and renter of construction and earth-moving equipment, and Nordic Rescue Group, a rescue vehicle manufacturer operating under the Saurus and Sala Brand names, according to [company records](https://akta.pro/company-data).

## KH Group's Leadership Changes Behind the Numbers

According to akta.pro company records, KH Group appointed Tuomas Myllynen, formerly Managing Director of Cramo Finland, as CEO of subsidiary KH-Koneet in August 2026, succeeding co-founder Teppo Sakari. The same records show KH-Koneet revenue of €149.8 million in 2024 and Nordic Rescue Group revenue of €44.2 million in 2024.

The records list total group revenue of €204.5 million for the 2024/2025 fiscal year. KH-Koneet represents Kobelco, Kramer and Wacker Neuson as a distributor of construction and earth-moving equipment in the Nordic market, the same records show.

## Earlier Reports on KH Group's Profit Recovery

KH Group reported H1 2026 net sales of EUR 106.9 million, up 11.5% year-on-year, and comparable operating profit of EUR 3.2 million, up from EUR 1.0 million, GlobeNewswire reported in August 2026. The company said then that it expected both net sales and operating profit to increase in 2026, with its full-year outlook unchanged.

In May 2026, KH Group reported Q1 net sales of EUR 44.6 million and a net loss of EUR 2.9 million, with comparable operating profit of EUR -1.1 million, GlobeNewswire reported. The company appointed its Shareholders' Nomination Board on 12 October 2026, comprising three largest shareholder representatives and Chairman Christoffer Landtman, with Simon Hallqvist elected chairman, GlobeNewswire reported.

## What Comes Next for KH Group

The company said the CEO transition is expected within about six months. KH Group's annual general meeting on 5 May 2026 authorized up to 11.4 million new shares and 5.7 million share repurchases, both effective until 30 June 2027, GlobeNewswire reported.

## Companies in this story

- [KH Group company profile](https://akta.pro/company-profiles/003evbv/kh-group) · website: https://khgroup.com

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