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Edge14 Aug 2026
Deutsche Qualität: The Story of Birkenstock
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KH Group
KH Group (KHG) investor relations material
KH Group Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary14 Aug, 2026
Executive summary
Revenue/net sales increased by 11.5% year-over-year to €106.9M in H1 2026, with strong growth in both main business segments.
Comparable operating profit rose to €3.2M from €1.0M year-over-year, driven by improved profitability in both KH-Koneet and Nordic Rescue Group.
Strategic transformation and organizational restructuring are underway, including cost efficiency initiatives and a planned head office relocation.
Net profit for H1 2026 was €-0.5M, an improvement from €-1.0M in H1 2025.
The second quarter was particularly strong, with net sales up 14.9% and a significant increase in operating profit.
Financial highlights
Q2 2026 revenue/net sales: €62.3M (up 14.9% year-over-year); H1 2026: €106.9M (up 11.5%).
Q2 2026 comparable operating profit: €4.3M (vs. €0.8M); H1 2026: €3.2M (vs. €1.0M).
EBITDA for H1 2026: €9.8M (9.2% margin), up from €7.8M (8.2% margin) in H1 2025.
Parent company’s operating loss reduced to -€0.7M in H1 2026 (vs. -€1.2M).
Earnings per share for H1 2026: €-0.02 (unchanged year-over-year).
Outlook and guidance
2026 guidance: both revenue/net sales and comparable operating profit expected to grow versus 2025.
Record-high order book supports positive outlook for the remainder of the year.
Focus remains on growth in core business and potential dividend payments within balance sheet and financing limits.
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Latest events from KH Group
- Sales grew 7% but profitability weakened; outlook remains positive with new financing secured.KHG
Q1 2026 - Net sales rose but profit fell; divestments and liquidity risks, especially at Indoor Group.KHGQ4 2024
- Net sales up 5% in 2025, profit down, but equity ratio and order backlog improved.KHGQ4 2025
- Net sales rose but profits and equity declined; focus shifts to core businesses and divestment.KHGQ3 2025
- Net sales up 4% in H1 2025, but profit fell and Indoor Group's sale process continues.KHGQ2 2025
- Q3 2024 results declined year-over-year, with updated guidance and ongoing strategic divestments.KHGQ3 2024
- Revenue and profit fell, Indoor weak, NRG strong, HTJ sold, 2024 guidance cut.KHGQ2 2024
- KH Group posted improved sales and profitability, with strategic focus on KH-Koneet and divestments.KHGQ1 2025
Next KH Group earnings date
Q3 202630 Oct, 2026
KH Group
Next KH Group earnings date
Q3 202630 Oct, 2026
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