KWH Group continues to invest in future growth
KWH Group’s revenue increased by 0.9 per cent to EUR 631.0 million in 2025. The challenging operating environment and high level of investments meant that the record result of the previous financial year was not repeated.
– Maintaining stable revenue in a subdued market environment demonstrates the resilience of our operations. Our diversified structure and broad geographical presence mean that we stand firm even when individual markets fluctuate, says Group CEO Kjell Antus.
In 2025, KWH Group focused on cost discipline, cash flow and selective growth. Investments were directed particularly towards initiatives strengthening long-term competitiveness and projects improving return on capital employed. The Group’s gross investments amounted to EUR 105 million, representing a record-high level. The effects of these investments are not yet fully reflected in the 2025 result, but they are expected to contribute to performance in the coming years.
Mirka made significant investments in production equipment and facilities, product development, and acquisitions. KWH Logistics invested in machinery and vehicles and completed an acquisition within port crane operations. KWH Freeze invested in buildings and equipment, while Prevex invested in production equipment.
The KWH Group is strong, financially, operationally and strategically
Within the Group, sustainability is increasingly seen as a competitive factor. Mirka is building a factory for the production of abrasive grains from recycled materials, and Prevex offers lead-free water traps made partly from recycled plastic. KWH Logistics is investing in safety and electrically powered machinery, while KWH Freeze focuses on waste heat recovery.
– The KWH Group is strong, financially, operationally and strategically. With disciplined execution, continued focus on innovation and active capital allocation, I am convinced that we will strengthen our profitability and create long-term value for our customers, owners and other stakeholders, Antus concludes.
Mirka accounted for 65 per cent of the Group’s revenue, KWH Logistics for 24 per cent, KWH Freeze for 5 per cent and Prevex (KWH Invest) for 6 per cent. The relative shares of the business divisions remained at the same level as the previous year.
The number of employees in the Group increased by 111 during the year. At the end of the year, KWH Group employed 2,749 people, of whom 940 were based outside Finland. The growth in headcount was mainly due to acquisitions made by Mirka in Germany and Australia.
