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Harvia will publish its Interim report for January–September 2025 on Thursday, 6 November 2025 at around 9:00 a.m. EET
Globenewswire· 2025-10-30 12:00
Core Insights - Harvia will publish its Interim report for the period of January−September 2025 on 6 November 2025 at around 9:00 a.m. Finnish time [1] - A webcast for analysts, investors, and media will be held on the same day at 11:00 a.m. EET, hosted by Harvia's CEO and CFO [2] - Harvia's revenue totaled EUR 175.2 million in 2024, and the company employs approximately 700 professionals across various countries [3] Company Overview - Harvia is one of the leading companies in the global sauna market, recognized for its well-known brands and comprehensive product portfolio [2] - The company is headquartered in Muurame, Finland, near its largest manufacturing facility for saunas and sauna components [3]
Harvia Plc distributes a dividend of EUR 0.37 per share
Globenewswire· 2025-10-17 10:00
Core Points - Harvia Plc's Board of Directors has announced the record date and payment date for the second dividend installment of EUR 0.37 per share for the financial year 2024 [1][3] - The total dividend for the financial year 2024 is EUR 0.75 per share, to be paid in two installments, with the first installment of EUR 0.38 per share already paid on 17 April 2025 [2][3] - The second dividend installment will be paid to shareholders registered by 21 October 2025, with payment scheduled for 28 October 2025 [3] Company Overview - Harvia is a leading company in the global sauna market, recognized for its revenue and well-known brands [3] - The company has a comprehensive product portfolio aimed at both private and professional customers in the international sauna market [3] - In 2024, Harvia's revenue reached EUR 175.2 million, and the company employs approximately 700 professionals across various countries including Finland, the United States, Germany, Romania, China, and others [4]
Harvia Plc: Managers' transactions - Heiner Olbrich
Globenewswire· 2025-09-18 17:30
Core Insights - Harvia Oyj is a leading company in the global sauna market, recognized for its strong revenue and comprehensive product portfolio [2][3] - The company reported a revenue of EUR 175.2 million in 2024, indicating its significant market presence [3] - Harvia employs approximately 700 professionals across various countries, including Finland, the United States, Germany, Romania, China, Hong Kong, Austria, Italy, Estonia, and Sweden [3] Transaction Details - Heiner Olbrich, a member of the Board, made an initial notification regarding his acquisition of shares in Harvia Oyj [1] - The transactions occurred on September 17, 2025, on the TRADEGATE EXCHANGE, involving a total volume of 1,000 shares at a volume-weighted average price of EUR 37.993 [1] - The share acquisition included multiple transactions with unit prices ranging from EUR 37.95 to EUR 38 [1]
Harvia Plc’s financial information and Annual General Meeting in 2026
Globenewswire· 2025-08-07 10:00
Financial Information - Harvia will publish its financial statements for 2025 on 12 February 2026, with interim reports scheduled for 7 May 2026, 6 August 2026, and 29 October 2026 [1] - The electronic annual report containing complete Financial Statements for 2025 will be available during the week starting 9 March 2026 [1] Annual General Meeting - Harvia's Annual General Meeting is set for 15 April 2026 at 10:00 a.m. in Helsinki, with the exact location to be announced later [2] Company Overview - Harvia is a leading company in the global sauna market, recognized for its revenue and well-known brands [3] - The company has a comprehensive product portfolio catering to both private and professional customers in the international sauna market [3] - In 2024, Harvia's revenue reached EUR 175.2 million, and the company employs approximately 700 professionals across various countries including Finland, the United States, Germany, Romania, China, Hong Kong, Austria, Italy, Estonia, and Sweden [4]
Harvia’s Half-year financial review 1 January – 30 June 2025
Globenewswire· 2025-08-07 06:00
Core Insights - Harvia Plc reported continued sales growth in Q2 2025 despite uncertain market conditions, with revenue increasing by 9.4% year-on-year to EUR 47.3 million [5][11]. Financial Performance - Revenue for the first half of 2025 reached EUR 99.2 million, a 16.0% increase compared to EUR 85.5 million in the same period of 2024 [4][5]. - EBITDA for Q2 2025 was EUR 9.4 million, down 11.0% from EUR 10.5 million in Q2 2024, with an adjusted EBITDA of EUR 9.9 million, reflecting a 10.2% decline [4][16]. - Operating profit for Q2 2025 was EUR 7.6 million, a decrease of 14.6% from EUR 8.9 million in Q2 2024, with an adjusted operating profit of EUR 8.2 million [4][16]. - Basic earnings per share (EPS) were EUR 0.23 in Q2 2025, down from EUR 0.31 in Q2 2024 [4][5]. - Operating free cash flow decreased by 29.2% to EUR 3.9 million in Q2 2025 [4][5]. Market Dynamics - The North American market experienced slower revenue growth due to increased economic uncertainty and a weakened U.S. dollar, impacting sales and profitability [10][12]. - In Europe, sales remained stable, with variations across countries; Germany showed growth while Finland and Sweden saw declines [13][14]. - The APAC & MEA regions achieved strong sales growth of 35.8% in the first half of 2025, supported by project deliveries [15]. Strategic Initiatives - The company is focused on long-term growth targets, aiming for an average annual revenue growth of 10% and an adjusted operating profit margin exceeding 20% [8]. - Harvia is investing in key areas such as IT infrastructure modernization and strengthening its direct-to-consumer channel [17]. - The introduction of innovative products, including the world's first hydrogen-powered sauna, highlights the company's commitment to sustainability and innovation [18]. Workforce and Financial Health - The number of employees increased by 8.6% to 742 compared to the previous year [6]. - Net debt rose to EUR 57.9 million, with a leverage ratio of 1.3, up from 0.8 [6][19]. - The equity ratio decreased to 43.6% from 49.8% year-on-year [6].
Harvia will publish its half-year report for January–June 2025 on Thursday, 7 August 2025 at around 9:00 a.m. EEST
Globenewswire· 2025-07-31 13:00
Company Announcement - Harvia will publish its half-year financial report for January–June 2025 on 7 August 2025 at around 9:00 a.m. EEST [1] - A webcast for analysts, investors, and media will be held on the same day at 11:00 a.m. EEST, hosted by CEO Matias Järnefelt and CFO Ari Vesterinen [2] Financial Performance - Harvia's revenue totaled EUR 175.2 million in 2024 [3] Company Overview - Harvia is one of the leading companies in the global sauna market, recognized for its well-known brands and comprehensive product portfolio [2] - The company employs approximately 700 professionals across various countries including Finland, the United States, Germany, Romania, China, Hong Kong, Austria, Italy, Estonia, and Sweden [3] - Harvia is headquartered in Muurame, Finland, near its largest sauna and sauna component manufacturing facility [3]
Harvia Plc: Managers' transactions - Hille Korhonen
Globenewswire· 2025-05-23 15:30
Company Overview - Harvia Plc is a leading company in the global sauna market, recognized for its strong revenue performance [2] - The company has a well-known brand and a comprehensive product portfolio that caters to both private and professional customers in the international sauna market [2] Financial Performance - Harvia's revenue reached EUR 175.2 million in 2024, indicating a solid financial standing within the industry [3] - The company employs approximately 700 professionals across various countries, including Finland, the United States, Germany, Romania, China, Hong Kong, Austria, Italy, Estonia, and Sweden [3] Corporate Governance - Hille Korhonen, a member of the Board and Deputy member, received a share-based incentive transaction on May 23, 2025, involving 301 shares at a unit price of 0.00 EUR [1]
Harvia Plc: Managers' transactions - Catharina Stackelberg-Hammarén
Globenewswire· 2025-05-23 15:30
Core Points - Harvia Plc is a leading company in the global sauna market, recognized for its strong revenue and comprehensive product portfolio [2][3] - The company reported a revenue of EUR 175.2 million in 2024, indicating its significant market presence [3] - Harvia employs approximately 700 professionals across various countries, including Finland, the United States, Germany, Romania, China, Hong Kong, Austria, Italy, Estonia, and Sweden [3] Transaction Details - Catharina Stackelberg-Hammarén, a member of the Board, received a share-based incentive on May 23, 2025, involving 351 shares at a unit price of 0.00 EUR [1] - The aggregated transaction also reflects a volume of 351 shares with a volume-weighted average price of 0.00 EUR [1]
CHANGES IN HARVIA PLC’S OWN SHARES
Globenewswire· 2025-05-23 11:00
Company Decisions - The Annual General Meeting of Shareholders of Harvia Plc resolved that 40% of the total monthly remuneration of the Board of Directors will be paid in company shares purchased at a price determined in public trading on Nasdaq Helsinki Ltd or via a share issue [1] - Harvia Plc has transferred 1.555 own shares to the members of the Board of Directors as part of their remuneration, in line with the decision made during the Annual General Meeting [2] - The number of shares transferred was calculated by converting approximately 40% of the total monthly remuneration into shares at the volume weighted average price on Nasdaq Helsinki Ltd [3] Company Overview - Harvia is recognized as one of the leading companies in the global sauna market, with a well-known brand and comprehensive product portfolio catering to both private and professional customers [4] - In 2024, Harvia's revenue reached EUR 175.2 million, and the company employs around 700 professionals across various countries including Finland, the United States, Germany, Romania, China, Hong Kong, Austria, Italy, Estonia, and Sweden [5]
Harvia will publish its Interim Report for January−March 2025 on Wednesday, 7 May 2025 at around 9:00 a.m. EEST
Globenewswire· 2025-04-30 06:00
Core Viewpoint - Harvia is set to publish its Interim Report for Q1 2025 on May 7, 2025, and will hold a webcast for analysts and investors on the same day, showcasing its position as a leading company in the global sauna market [1][2]. Group 1: Financial Performance - Harvia's revenue for the year 2024 reached EUR 175.2 million, indicating a strong financial performance [3]. Group 2: Company Operations - Harvia employs approximately 700 professionals across various countries including Finland, the United States, Germany, Romania, China, Hong Kong, Austria, Italy, Estonia, and Sweden [3]. - The company is headquartered in Muurame, Finland, which is also home to its largest sauna and sauna component manufacturing facility [3]. Group 3: Market Position - Harvia is recognized as one of the leading companies in the global sauna market, with a well-known brand and a comprehensive product portfolio catering to both private and professional customers [2].