Financial information

Key financial indicators

	2024	2023	2022	2021	2020	2019
Net sales, continuing operations, MEUR	194.0	124.0
Comparable EBITDA, MEUR	20.3	11.6
Comparable operating profit, MEUR	7.2	3.2
Profit from continuing operations, MEUR	1.4	-10.4
Operating profit, MEUR⁽¹⁾	5.8	-6.7	-10.1	20.2	11.7	16.0
Net profit for the period, MEUR⁽¹⁾	-29.9	-14.4	-8.2	18.4	9.9	12.8
Equity, MEUR	49.1	79.3	85.1	93.5	77.3	78.1
Balance sheet total, MEUR⁽¹⁾	271.7	347.7	109.3	113.5	83.5	81.5
Personnel, average⁽²⁾	869	1 237	5	7	5	4
Return on equity-%⁽¹⁾	-46.6	-17.5	-9.2	21.6	12.7	17.7
Gearing, %⁽¹⁾	283.4	195.4	14.9	8.6	-11.1	-41.2
Earnings per share, continuing operations, EUR	0.02	-0.18
Earnings per share, EUR⁽¹⁾	-0.42	-0.18	-0.14	0.32	0.17	0.22
Dividend per share, EUR⁽³⁾	0.00	0.00	0.00	0.00	0.04	0.04
Shareholders´equity per share, EUR	0.84	1.36	1.47	1.61	1.33	1.35

(1) Starting from 1 May 2023, the Group has consolidated its subsidiaries into the income statement and balance sheet line item by line item. Previously KH Group recognised investments in the companies at fair value through profit and loss.
(2) Includes only the parent company personnel until 2022.
(3) 2024 dividend is the Board of Directors’ proposal to AGM.

Financial targets and dividend policy

Financial targets

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 divestments.

Dividend policy

The target for the next couple of financial years is to invest in core business and pay dividends after major divestments within the set guidelines from the balance sheet structure and financial contracts.