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                                    Why did KFII report negative operating profit in Q4 2024?
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                                        5/9/2025 09:27am
                                    </span></div></div></div> <div class="seo-text-answer" data-v-91e9c5c4="">The negative operating profit reported by KFII in Q4 2024 can be attributed to the sale of its Project Personnel and Norwegian Consulting businesses to NYAB AB. This strategic move led to a reduction in profitability for the retained business, resulting in a negative operating profit. Despite the sale, Dovre Group Plc, the parent company of KFII, lowered its 2024 guidance for operating profit, indicating a challenging financial period for the group.</div> <div class="dialog_answer" data-v-91e9c5c4=""><div class="dialog_content" data-v-91e9c5c4=""> <div class="answer_robot" data-v-91e9c5c4=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/AIme.ae832fb.png" alt="robot" class="avatar" data-v-91e9c5c4=""> <div class="user_name" data-v-91e9c5c4=""></div></div> <div class="question_content" data-v-91e9c5c4=""></div></div></div></div></div> </div></div></div> </div> <div class="extra-module" data-v-4e97ba8a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/recommend-logo.4f9ccc8.png" alt="right-logo" fetchpriority="high" class="recommend-logo-img" data-v-4e97ba8a=""> <div class="recommend-part" data-v-7790c618="" data-v-4e97ba8a=""><div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/screener-recommend-icon.b007ca8.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime finds your next big stock</span></div> </div> <div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/stock-recommend-icon.77f1c78.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime powers your decisions</span></div> </div></div> </div> <div class="container-mask" style="display:none;"></div></div></div></div><script>window.__NUXT__=(function(a,b,c,d,e,f,g,h,i,j,k,l,m,n,o,p,q,r,s,t,u,v,w,x,y,z,A,B,C,D,E,F,G,H,I,J,K,L,M,N,O,P,Q,R,S,T,U,V,W,X,Y,Z,_,$,aa,ab,ac,ad,ae,af,ag,ah,ai,aj,ak,al){return {layout:"default",data:[{noData:b,currentQuestion:d,textDescription:D,comeFrom:"AInvestShareLink",events:[],answerSource:q}],fetch:{},error:g,state:{sharePreviewModule:{loadJgySuccess:r,dialogRenderList:[{originAnswer:{input_media_info:[],session_round:1,agent_id:a,output_media_info:[],task_id:a,language:a,source:q,cache_builder:a,reply_action:"Answer",execute_mode:u,event_refresh_answer:a,param:"{\"entity_info\":{},\"add_info\":{\"ori_question\":\"Why did KFII report negative operating profit in Q4 2024?\"},\"event_list\":[],\"client_ip\":\"\",\"question\":\"Why did KFII report negative operating profit in Q4 2024?\",\"user_id\":\"dp72449705\",\"user_name\":\"\",\"trace_id\":\"98a4af90-294f-4768-9a6f-1c22cb6d5d5e\",\"session_id\":\"98a4af90-294f-4768-9a6f-1c22cb6d5d5e\",\"source\":\"ths_ainvest_lite_web\",\"input_type\":\"typewrite\"}",agent_info:[{info_type:"search",raw_data:{number:E,title:F,summary:G,full_summary:"Dovre Group Plc Inside information December 23, 2024, at 12.30 pm Negative profit warning: Dovre Group Plc lowers its 2024 guidance for operating profit Dovre Group Plc lowers its 2024 guidance for operating profit. On November 20, 2024, Dovre group announced the sale of its Project Personnel and Norwegian Consulting businesses to NYAB AB. According to the outlook for the retained business only, Dovre Group’s net sales in 2024 were expected to be in the range of 88-93 MEUR and the operating profit (EBIT) was expected to be between -5 and -6 MEUR. In anticipation of the completion of the transaction, Dovre adopts the new structure including only the retained businesses in its financial reporting. New guidance for 2024: Dovre Group’s revenue for the retained business is expected to be in the range of 88-93 MEUR and the operating profit (EBIT) is expected to be between -13 and -15 MEUR. The reason for the lowered guidance is the reduced profitability in some Renewable Energy projects by Dovre’s subgroup Suvic. Despite enhanced management focus and extraordinary operative efforts, some of the works are delayed and impacted by winter, increasing cost and slowing down progress at the sites. The forecast includes estimated losses until the completion of these projects and therefore contains some uncertainty related to the eventual costs also in 2025. Dovre Group’s ownership of Suvic is 51%. For further information, please contact: Dovre Group Plc Sanna Outa-Ollila, Acting CEO Tel. +358 20 436 2000 sanna.outa-ollila@dovregroup.com Ilari Koskelo, Vice Chairman of the Board of Directors Tel. +358 40 510 8408 ilari.koskelo@navdata.fi Dovre Group is a trusted global provider of project management services with locations across Canada, Finland, Norway, Singapore, Sweden, and the United States. Our professionals execute assignments all around the world. In 2023, the Group’s net sales were EUR 196.7 million and its operating result was EUR 7.4 million. 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did KFII report negative operating profit in Q4 2024?","other\u002FopenAnswer","llm_generated",null,"5ef829c41fd6d6b1","98a4af90-294f-4768-9a6f-1c22cb6d5d5e","progress\u002Fsearching_for",1000,"searching_for","📈 What were KFII's revenue and cost of sales for Q4 2024?","📊 How did KFII's operating margin compare to industry peers in Q4 2024?","🔍 What is the current market sentiment towards KFII's stock?","STR","ths_ainvest_lite_web",0,2001,"auto","agent",1746754039963,"dp72449705","inspect stocks","stock","signal","rich_text","39196","\u002F\u002Fcdn.ainvest.com\u002FfrontResources\u002Fs\u002Ffoiegras\u002FrecommendList\u002F1.12.0\u002FrecommendList@1.12.0index.js","The negative operating profit reported by KFII in Q4 2024 can be attributed to the sale of its Project Personnel and Norwegian Consulting businesses to NYAB AB. This strategic move led to a reduction in profitability for the retained business, resulting in a negative operating profit. Despite the sale, Dovre Group Plc, the parent company of KFII, lowered its 2024 guidance for operating profit, indicating a challenging financial period for the group.",2,"Negative profit warning: Dovre Group Plc lowers its 2024 guidance for operating profit","Dovre Group Plc Inside information December 23, 2024, at 12.30 pm.Negative profit warning: Dovre Group Plc lowers its 2024 guidance for operating profit.Dovre Group Plc lowers its 2024 guidance for operating profit..On November 20, 2024, Dovre group announced the sale of its Project Personnel and No...","https:\u002F\u002Fwww.globenewswire.com\u002Fnews-release\u002F2024\u002F12\u002F23\u002F3001069\u002F0\u002Fen\u002FNegative-profit-warning-Dovre-Group-Plc-lowers-its-2024-guidance-for-operating-profit.html","2024-12-23","oeqxkhszf","oeqxkhszf_layer","mix_en_config_hybrid_summary","agent_common_v2\nagent-summary","normal_agent","NONE","185","thinking","The user wants to analyze why KFII had a negative operating profit in Q4 2024. I should focus on the negative factors behind its operating profit. I will use FinQuery for the data mentioned above; use Search for the reason behind corresponding negative value.",999,"The negative operating profit reported by KFII in Q4 2024 can be attributed to the sale of its Project Personnel and Norwegian Consulting businesses to NYAB AB[^2]",". This strategic move led to a reduction in profitability for the retained business, resulting in a negative operating profit. 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