Turnaround and Investment Opportunity: Analyzing Kempower’s Q1 Results”.

Kempower’s first-quarter results have met expectations, with analysts beginning to view the manufacturer of charging points for electric cars as a good investment opportunity. Despite a decrease in turnover by 24 percent and an operating loss of over 10 million euros, Inderes predicts that the company’s valuation will improve due to expansion activities.

Analyst Pauli Lohi notes that despite expansion measures impacting the company’s results, the valuation is starting to look decent even with realized earnings ratios. Insiders suggest that market demand for chargers will pick up in the medium term as the number and share of electric cars in the fleet increases.

Kempower is guiding a turnover for the current year of 360–410 million euros and an operating profit margin of 5–10 percent. Despite a profit warning issued in March, shares are down after the results, with analysts suggesting that another may be coming soon. The company plans to move from the First North list to the main list of the Helsinki Stock Exchange in the second quarter at the earliest.