Privileged information: KH Group has initiated a sale process for the interior group and publishes preliminary results for 2024

Kh Group Plc
Privileged information March 13, 2025 to 10.00 PM EET

Privileged information: KH Group has initiated a sale process for the interior group and publishes preliminary results for 2024

Kh Group Plc (“KH group“or”Company“) initiated a process of sale in terms of its participation in the inner group holding OY (“Interior group“), of which the company owns 58.3 percent. Kh Group has hired a financial advisor to explore various options for his interior group actions.

As Kh Group has previously announced, the company’s strategy aims to create an industrial group focused on KH-Koneet business. To continue this goal, the company will seek to get out of other business fields in the optimal stage for creating values.

No final decision was made regarding the sale of inner groups and there is no certainty regarding the time, terms or completion of any such transactions. KH Group aims to complete the process in 2025. The company will communicate the problem in accordance with the rules applicable on the basis of possible progress.

In the financial statements of 2024, KH Group reports in accordance with “IFRS 5 – non -current assets of the interior group held for sale and standard of interrupted operations”. KH-Koneet, Nordic Rescue Group and the parent company will thus form the continuous companies of the KH group in the future.

According to unauthorized preliminary information, the net sales of the continuous enterprises of the KH group (KH-Koneet, Nordic Rescue Group and the parent company) in the last quarter of 2024 was EUR 61.7 million, and a comparable operation was EUR 3.4 million. For January -December 2024, the net sales in the continuous operations were 194.0 million EUR, and the comparable operational profit was EUR 7.2 million. According to unauthorized preliminary information, the net sales of the interior group for the financial period 2024 were EUR 161.6 million, and the comparable operational profit was -1.6 million EUR.

In the guidelines of KH Group for 2024 issued on August 9, 2024, the company estimated net projections for 2024 at 340-360 million EUR and the operational profit Pro for EUR 4-7 million, based on the current structure of the group (including KH-Koneet, Nordic Rescue Group and Indoor Group as continuous operations).

In connection with a reporting modification related to the process of leaving the interior group, KH Group evaluated the fair value of the interior group and, consequently, recognizes a total registration of approximately 29 million EUR for the financial year 2024.

KH Group will publish the communication of financial statements for 2024 on Friday, March 21, 2025.

Kh Group Plc

Additional Information:
Juha Karttunen, chairman of the Board of Directors, tel. +358 40 555 4727
Ville Nikulainen, CEO, tel. +358 40 045 9343

Distribution:
NASDAQ Helsinki Ltd
The major average
www.khgroup.com

KH Group PLC is a northern conglomerate operating in KH-Koneet business areas, the inner group and the northern rescue group. We are a main supplier of equipment for construction and earth movement equipment, furniture and interior decorations, as well as a manufacturer of rescue vehicles. The objective of our strategy is to create an industrial group around the KH-Koneet activity. The KH Group quota is listed on Nasdaq Helsinki.