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Kesla

3.52 EUR-3.83 %12.11, 17.29
3,618 following

KELAS

NASDAQ Helsinki

Industrial Goods & Services

Industrials

Overview
Financials & Estimates
Dividend
Short Selling
Investor views
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-3.83 %
-9.74 %
-16.19 %
-38.89 %
+53.04 %
+30.37 %
-13.94 %
-42.86 %
+96.21 %

Kesla is a manufacturing company within forestry technology, which includes solutions such as truck and industrial cranes, harvester heads, wood chippers and grapples. In addition to its main business, the company supplies cabs and seating equipment. The products are sold around the global market, with the largest presence in Europe, North and South America. The company was founded in 1960 and has its headquarters in Joensuu.

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Market cap
11.91M EUR
Turnover
8.36K EUR
P/E (adj.) (26e)
-30.85
EV/EBIT (adj.) (26e)
26.21
P/B (26e)
1.67
EV/S (26e)
0.43
Dividend yield-% (26e)
-
Coverage
Recommendation
Reduce
Target price
3.80 EUR
Updated
02.11.2026
Disclaimer
Aapeli Pursimo
Aapeli Pursimo

Analyst

Latest research

Latest analysis report

Released: 02.11.2026

Revenue and EBIT-%
EPS and dividend
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Forum discussions
There is no completely certain information. However, the company hasn’t announced or commented on other orders, so I would suspect that the order backlog consists largely or entirely of that EUR 17M order. Those deliveries of approximately EUR 4M would also align quite well with ...
10/30/2026, 8:08 AM
by Aapeli Pursimo
3
Tärkeimmät talousuutiset | Kauppalehti – 21 Oct 26 Sisäpiiritieto: Kesla Oyj:n hallitus ehdottaa osakesarjojen yhdistämistä ja... Tärkeimmät ajankohtaiset talousuutiset, pörssikurssit ja kattavat sijoittajapalvelut löydät Kauppalehdestä. Kesla’s Board of Directors proposes combining...
10/21/2026, 5:57 PM
by Sinuhe
3
The more recent decline might be due, for example, to this: Ponsse ja Kesla: Deere aloitti muutosneuvottelut Joensuussa - Inderes plus the fact that the overall situation at Kesla remains uncertain. My own investment case is purely based on guesswork and a gut feeling that that one...
10/13/2026, 8:43 AM
by Maikköl
3
Q3 earnings to digest in three different formats. Inderes Kesla Oyj liiketoimintakatsaus 1.1.–30.9.2026: Liikevaihto kasvoi ja... Kesla Oyj | Pörssitiedote | 30.10.2026 kello 8.15LIIKETOIMINTAKATSAUS 1.1.–30.9.2026Liikevaihto kasvoi ja kannattavuus parani merkittävästi vaikka markkinaymp...
10/30/2026, 7:57 AM
by Maikköl
2
Here are Aapeli’s preview comments, as Kesla will publish its Q3 results the day after tomorrow, on Friday We expect the company’s revenue to have grown significantly from a very weak comparison period, and the operating result to have pushed slightly into positive territory, supported...
10/28/2026, 5:11 AM
by Sijoittaja-alokas
2
I was expecting more of a news about a new NATO order, but I suppose a press release can be made out of this too. Inderes Kesla Oyj ryhtyy ampumahiihtäjä Inka Hämäläisen pääyhteistyökumppaniksi -... Joensuulainen teknologiateollisuuden yhtiö Kesla Oyj ja kontiolahtelainen ampumahiiht...
9/25/2026, 8:27 AM
by Maikköl
2
Here is a company report on Kesla from Aapeli following the Q3 report Kesla’s Q3 headline numbers fell short of our expectations, but the upward narrowings made to the full-year guidance aligned well with our previous forecasts. However, the market situation on the civilian side ...
11/2/2026, 6:44 AM
by Sijoittaja-alokas
1
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Kesla Q3'26: Vendepunktet skrider frem på en smal vej
Research02.11.2026, 07.00
by Aapeli Pursimo

Kesla Q3'26: Vendepunktet skrider frem på en smal vej

Keslas Q3-regnskab blev på de vigtigste linjer under vores forventninger, men den opjustering og indsnævring af helårsforventningerne, der blev foretaget, svarede godt til vores tidligere estimater.

Kesla
Kesla Q3’26 -hurtig kommentar: Bedring på vej, selv om stigningstakten i kvartalet var lavere end vores forventninger
Analyst Comment30.10.2026, 08.20
by Aapeli Pursimo

Kesla Q3’26 -hurtig kommentar: Bedring på vej, selv om stigningstakten i kvartalet var lavere end vores forventninger

Rapportens hovedposter blev lavere end vores forventninger, men de opjusterede forventninger for hele året svarede godt overens med vores tidligere estimater.

Kesla
Kesla Q3’26 preview: Forventning om stærk indtjeningsvækst understøttet af Defence-leverancer
Analyst Comment28.10.2026, 06.00
by Aapeli Pursimo

Kesla Q3’26 preview: Forventning om stærk indtjeningsvækst understøttet af Defence-leverancer

Vi venter, at selskabets omsætning er steget markant i forhold til den meget svage sammenligningsperiode, og at det operationelle resultat har kæmpet sig en smule i plus understøttet af Defence-leverancer.

Kesla

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Keslas bestyrelse foreslår sammenlægning af aktieklasser
Analyst Comment22.10.2026, 07.20
by Aapeli Pursimo

Keslas bestyrelse foreslår sammenlægning af aktieklasser

Keslas bestyrelse foreslår en sammenlægning af selskabets A- og B-aktieklasser samt en dertil knyttet rettet, vederlagsfri aktieemission til ejerne af aktieklassen med det højere stemmetal (B-klassen).

Kesla
Analyst Comment13.10.2026, 07.53
by Aapeli Pursimo

Ponsse og Kesla: Deere indledte restruktureringsforhandlinger i Joensuu

Selskabet begrunder tilpasningsbehovet med generel usikkerhed og svaghed på markederne, hvilket har bremset efterspørgslen efter skovningsmaskiner.

PonsseKesla
Press release25.09.2026, 09.30

Kesla Plc Becomes Main Partner of Biathlete Inka Hämäläinen

Kesla
Press release02.09.2026, 09.10

Kesla Launches the New KESLA proC i Lite Control System – Cost-Effective Electric Loader Control for Everyday Forestry Work

Kesla
Press release02.09.2026, 09.00

Kesla Expands its Tractor Equipment Range with the New KESLA 145 Forest Trailer

Kesla
Press release02.09.2026, 09.00

Kesla Introduces New Harvester Heads for Efficient Small-Diameter Timber Harvesting

Kesla
Press release02.09.2026, 09.00

Kesla Launches New 2212-2217 Truck Crane Series for Demanding Loading Operations

Kesla
Press release02.09.2026, 09.00

Kesla Introduces the New KESLA proG60 Timber Grapple for Large Timber Handling

Kesla
Kesla Q2'26: På vej mod bedre tider, selvom der stadig er forhindringer, der skal ryddes af vejen
Research24.08.2026, 07.00
by Aapeli Pursimo

Kesla Q2'26: På vej mod bedre tider, selvom der stadig er forhindringer, der skal ryddes af vejen

Keslas Q2 resultat var positivt med undtagelse af ordreindgangen.

Kesla
Press release21.08.2026, 09.00

Kesla Launches proPILOT and proC i 2.0 Control Systems for Timber Cranes

Kesla
Kesla Q2'26 - kort kommentar: På den positive side, bortset fra ordrerne
Analyst Comment21.08.2026, 08.25
by Aapeli Pursimo

Kesla Q2'26 - kort kommentar: På den positive side, bortset fra ordrerne

Selskabets regnskabsmeddelelse overgik en smule vores estimater, understøttet af omsætningsudviklingen, og en stærk pengestrøm forbedrede selskabets finansielle stilling.

Kesla
Press release19.08.2026, 09.15

KESLA Defence and Avant Power Join Forces to Develop Energy Logistics Capability for Defence Operations

Kesla
Kesla Q2'26 preview: Forventninger til resultatet ligger først i andet halvår
Analyst Comment18.08.2026, 06.10
by Aapeli Pursimo

Kesla Q2'26 preview: Forventninger til resultatet ligger først i andet halvår

Vi forventer, at selskabets omsætning og resultat er forbedret en smule i forhold til den noget svage sammenligningsperiode, men at driftsresultatet stadig er på nul.

Kesla
Press release17.08.2026, 08.00

KESLA Defence Expands Kerberos Capability to Critical Infrastructure with New Concrete Drilling Solution

Kesla
Press release23.06.2026, 13.00

Kesla Introduces the New BB360 Rotator for Harvester Heads

Kesla
Press release05.06.2026, 11.00

Kesla Launches New F-Series Forestry Cranes – Performance, Controllability and Modularity for the Most Common Forwarder Classes

Kesla
Press release01.06.2026, 13.00

Kesla Reappoints Rosenqvist Maskin AB as Tractor Equipment Dealer in Sweden

Kesla