Kempower Oyj
OMXH:KEMPOWR
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Kempower Oyj
OMXH:KEMPOWR
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FI |
Kempower Oyj
Kempower Oyj engages in the manufacture and sale of fast charging equipment and solutions for electric vehicles (EV) such as personal and commercial vehicles, mobile off-highway machinery, and electric marine vessels and boats. The company is headquartered in Lahti, Etela-Suomen and currently employs 260 full-time employees. The company went IPO on 2021-12-14. The firm designs, manufactures and sells direct current (DC) fast charging devices, solutions and services for EVs, such as personal and commercial vehicles, mobile offhighway machinery, electric buses and electric commercial vehicles, heavy duty vehicles, electric cars and electric marine vessels and boats. The firm also offers the whole package of DC-charging including hardware, software and services. Access to charging data via cloud services gives customers the possibility to plan and forecast smoother transport. The firm's charging solutions are designed and manufactured in Lahti, Finland.
Kempower Oyj engages in the manufacture and sale of fast charging equipment and solutions for electric vehicles (EV) such as personal and commercial vehicles, mobile off-highway machinery, and electric marine vessels and boats. The company is headquartered in Lahti, Etela-Suomen and currently employs 260 full-time employees. The company went IPO on 2021-12-14. The firm designs, manufactures and sells direct current (DC) fast charging devices, solutions and services for EVs, such as personal and commercial vehicles, mobile offhighway machinery, electric buses and electric commercial vehicles, heavy duty vehicles, electric cars and electric marine vessels and boats. The firm also offers the whole package of DC-charging including hardware, software and services. Access to charging data via cloud services gives customers the possibility to plan and forecast smoother transport. The firm's charging solutions are designed and manufactured in Lahti, Finland.
Strong Growth: Kempower delivered a 41% increase in Q3 revenue and a 45% rise in order intake versus last year, with notable strength in North America and Europe outside the Nordics.
Profitability Restored: The company returned to positive operating EBIT and maintained positive operating cash flow for the second consecutive quarter.
Guidance Tightened: Full-year revenue growth guidance was narrowed to 10%-15%, lowering the upper end due to a larger backlog of orders set for 2026 delivery.
Gross Margin Stable YTD: Year-to-date gross margin held steady at 48.4%, though Q3 margin declined from last year due to inventory write-downs and competitive pressure.
North America Momentum: North American revenue grew by 242% and order intake by 149% in Q3, with the region now rivaling the Nordics in sales volume.
Market Trends: Strong growth continues in BEV (battery electric vehicle) registrations and public fast charging installations across key markets.
Cost Focus: Management is taking targeted actions to offset margin pressures from pricing and mix effects, expecting improvements in Q4.
