News & Videos - KH GROUP OYJ [CBOE]

KH Group Plc Stock Exchange Release 19 June 2024 at 4:30 pm EEST KH Group Plc: Finnish Competition and Consumer Authority approved the HTJ Holding transaction On 7 June 2024 KH Group announced to have signed, together with the other shareholders of HTJ Holding Oy, an agreement on the sale of shares to the XPartners Group. The completion of the transaction was conditional on the approval from the Finnish Competition and Consumer Authority (KKV), which has today given its approval. The transaction...

KH Group Plc Inside information 7.6.2024 at 12:00 pm EEST Inside information: KH Group divests HTJ and updates guidance for 2024 KH Group Plc, together with the other shareholders of HTJ Holding Oy ("HTJ"), has today signed an agreement on the sale of shares to the XPartners Group company XPartners Finland Holding Oy. The completion of the transaction requires the approval of the Finnish competition authorities. The divestment of HTJ is an important step towards KH Group's objective to become an...

KH Group Plc Stock exchange release 31 may 2024 at 1:05 pm EEST KH Group Plc established performance matching share plan for key employees The Board of Directors of KH Group Plc resolved to establish a performance matching share plan for the key employees of KH Group Plc and KH-Koneet Group. The aim of the new plan is to align the objectives of the shareholders and the key employees in order to increase the value of the company in the long term. The plan is intended to encourage key employees to...

KH Group Plc Inside information 31 May 2024 at 1:00 pm EEST Inside information: Ville Nikulainen appointed as the new CEO of KH Group Plc, Tommi Rötkin appointed as CFO Ville Nikulainen has been appointed as the CEO of KH Group effective from 1 June 2024. Nikulainen previously acted as the company's CFO. Consequently, Tommi Rötkin is appointed as the new CFO. Rötkin previously served as the company's Investment Director. In that role, he implemented mergers and acquisitions in line with KH...

KH Group Plc Inside information 14 May 2024 at 11:15 am EEST Inside information: Lauri Veijalainen leaves his position as CEO of KH Group Plc; continues as CEO of Indoor Lauri Veijalainen and KH Group Plc have agreed that Lauri Veijalainen will leave his position as the CEO of KH Group Plc. Veijalainen continues as the CEO of Indoor Group, a group company of KH Group. KH Group Plc starts the process to identify a new CEO immediately. Veijalainen will continue as the CEO of KH Group Plc at the...

KH Group Plc Stock Exchange release 7 May 2024 at 3:20 pm EEST Decisions of KH Group’s Annual General Meeting and the constitutive meeting of the Board of Directors KH Group Plc’s Annual General Meeting was held on 7 May 2024 at KH Group’s headquarters at the address Kuninkaalantie 19, 01300 Vantaa, Finland. The Annual General Meeting supported all the proposals included in the notice of the Annual General Meeting. The General Meeting adopted the financial statements for the financial...

KH Group Plc Stock Exchange Release 7 May 2024 at 8.00 am EEST KH Group Plc’s Business Review January–March 2024: Focus on business profitability This is the summary of the Business Review for January–March 2024. The full Half-Year Report is attached to this release and is also available on the company’s website at www.khgroup.com . KH Group, January–March 2024 pro forma Net sales amounted to EUR 84.2 (100.2) million. Operating profit was EUR -0.3 (1.0) million. KH-Koneet’s net sales...

KH Group Plc Inside information, 30 April 2024 at 2.30 pm EEST Inside information, profit warning: KH Group Plc lowers its guidance for 2024 KH Group Plc lowers its guidance for 2024. In the 2023 Financial Statements Release published on 21 March 2024, the company estimated net sales of EUR 400–420 million and operating profit of EUR 14–16 million for the financial year 2024. The guidance did not include the operating profit of approximately EUR 3.7 million from Indoor Group’s real estate...

KH Group Plc Stock Exchange Release 12 April at 3:30 pm EEST Notice to the Annual General Meeting of KH Group Plc Notice is given to the shareholders of KH Group Plc (“ KH Group ” or the “ Company ”) to the Annual General Meeting to be held on Tuesday, 7 May 2024 at 1:00 p.m. EEST at KH Group’s headquarters at the address Kuninkaalantie 19, FI-01300 Vantaa, Finland. The reception of attendees who have registered for the meeting and the distribution of voting tickets will commence at 12...

KH Group Plc Stock exchange release 28 March 2024 at 9:45 am EET KH Group’s Annual Report 2023 published KH Group has published its Annual Report for 2023 today. The Annual Report includes the Board of Directors’ Report, Financial Statements, Auditor’s Report as well as the Corporate Governance Statement and the Governing Bodies’ Remuneration Report. The Financial Statements are also published as an xHTML file in Finnish language in accordance with European Single Electronic Format...

KH Group Plc Stock Exchange Release 21 March 2024 at 12:00 noon Indoor Group has sold its real estate in Tallinn and will close operations in Estonia KH Group Plc’s subsidiary Indoor Group has sold its real estate located in Tallinn and will cease operations in Estonia by the end of March. The sale price is EUR 4.0 million was paid in cash at closing. Indoor Group will concentrate on its domestic market in Finland in the future. The sale of real estate will have an estimated EUR 3.7 million...

KH Group Plc Stock Exchange Release 21.3.2024 klo 8.00 KH Group Plc’s Financial Statements Release for 1 January – 31 December 2023 Profitability retained in a challenging market This is the summary of the Financial Statements Release for 2023. The full Financial Statements Release is attached to this release and is also available on the company’s website at www.khgroup.com KH Group, October–December 2023 pro forma Net sales amounted to EUR 105.3 (114.3) million. Operating profit was EUR...

KH Group Plc Press release, 13 March 2024 at 1:00 pm EET Invitation to KH Group’s 2023 result briefing on 21 March at 1:00 pm KH Group Plc will publish its Financial Statements Release for 2023 on Thursday 21 March at around 8 am EET. The company will organise a briefing in Finnish for analysts, investors and the media on the same day at 1:00 pm EET at KH Group’s Head Office (Kuninkaalantie 19, 01300 Vantaa). At the event, KH Group’s CEO Lauri Veijalainen and CFO Ville Nikulainen will...

KH Group Plc Press Release 7 March 2024 at 9:30 am EET Indoor Group has renewed its financing agreement KH Group’s subsidiary Indoor Group Holding has signed an amended financing agreement. The agreement includes amendments on payback schedules as well as covenant levels. The EUR 9.25 million bullet-loan due date will be transferred from year 2024 to 2026. The current financial situation and future prospects have been taken into consideration regarding the covenants. KH GROUP PLC FURTHER...

KH Group Plc Stock Exchange Release 26 January 2024 at 4:00 pm EET KH Group Plc’s Shareholders’ Nomination Board’s proposals for the composition and remuneration of the Board of Directors KH Group Plc’s Shareholders’ Nomination Board has submitted its proposals for the Annual General Meeting to KH Group’s Board of Directors. The Shareholders’ Nomination Board makes its proposals unanimously. The Annual General Meeting is planned to be held on Tuesday, 7 May 2024. The company will...

KH Group Plc Press Release 11 December 2023 at 3:30 pm EET KH Group’s has made follow-on investment in Indoor KH Group together with other shareholders of Indoor Group Holding Oy (“Indoor”) have made combined EUR 2.8 million follow-on investments in Indoor. These follow-on investments were made by subordinated loan. Loan proceeds are used to repay interest-bearing debts. The follow-on investments strengthen Indoor’s balance sheet accordingly. KH Group Plc’s share of the subordinated...

KH Group Plc Stock Exchange Release 30 November 2023 at 3:30 pm EET Financial targets and dividend policy of KH Group Plc As communicated at the Capital Markets Day, KH Group’s updated financial targets and dividend policy during the strategy change are as follows: Financial target During the strategic change, KH Group’s balance sheet structure will change substantially. The target is to strengthen the balance sheet structure and reduce net debts through positive operative cash flow and...

KH Group Plc Press Release 28 November 2023 at 8:55 am EET INDOOR GROUP WILL CONCENTRATE IN THE FINNISH MARKET IN THE FUTURE KH Group Plc’s subsidiary Indoor Group Ltd will concentrate in its domestic market in Finland in the future. As a consequence, operations in Estonia will be closed by the end of the first quarter of 2024.The reason behind this decision is the unprofitability of the operations in a challenging market environment. There are currently three Asko stores in Estonia; Tallinn,...

KH Group Plc Stock Exchange Release 1 November 2023 at 8:00 am EET KH Group Plc’s Business Review January–September 2023 Profitable business in a challenging market This is the summary of the Business Review for January–September 2023. The complete Review is attached to this release and is also available on the company’s website at www.khgroup.com . First quarter as a conglomerate Based on the change in strategy announced on 15 December 2022, Sievi Capital Plc transformed its operations...

KH Group Plc Stock Exchange Release 9 October 2023 at 2:00 pm EEST Composition of KH Group Plc’s Shareholders’ Nomination Board The Shareholders’ Nomination Board of KH Group Plc has been appointed in accordance with the Charter of the Nomination Board approved by the Annual General Meeting of the company held on 11 May 2022. The Nomination Board comprises three representatives of the Company’s largest shareholders based on the ownership situation on 31 August 2023 and the Chairman of...