There’s a short commentary article in Kauppalehti (likely behind a paywall) about the profit warning. It highlights that in connection with the 2024 profit warning, the Chair of the Board promised to review the forecasting process with outside help to see if there is room for improvement:
"As Chair of the Board, Vesa Laisi commented on the warning in an interview with Talouselämä as follows:
‘However, the deviation between our previous and recent guidance is so significant that we will review our forecasting process with the help of external assistance, and determine whether it is good enough to be relied upon in the future. This will be done in the coming weeks.’"
Now the good question is, what was or wasn’t done in 2024. This time, the Chair of the Board declined to comment further on the matter:
“‘However, Kempower does not comment in more detail on the company’s internal evaluation and decision-making process,’ the email states.”