Report
Mahaut Arnaud ...
  • Paul de Froment
  • Thomas Mordelle

Kempower: slower than expected market recovery

This morning, Kempower published Q3 2024 results. Q3 2024 revenue came in at EUR52m (-28% YoY vs. EUR73m in Q3 2023, -12% vs. consensus at EUR60m) which points to EUR152m YTD (-24% YoY). While gross margin stood at 51.3% in Q3 (+3.1ppt QoQ, -1.6ppt YoY), Kempower suffered from operational deleverag
Underlying
KEMPOWER OYJ

Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Mahaut Arnaud

Paul de Froment

Thomas Mordelle

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