Harvia Oyj

Harvia Plc announced on 11 December 2024 that it now holds a total of 11,907 shares, including those repurchased on that date. The announcement was made on Nasdaq Helsinki on behalf of Harvia Plc by Danske Bank AS, Suomen Sivuliike, represented by Antti Väliaho and Jonathan Nyberg. For further information, Ari Vesterinen, the Chief Financial Officer, can be contacted.

Harvia Plc announced on 10 December 2024 that it now holds a total of 8,307 shares, including those repurchased on that date, on Nasdaq Helsinki. The announcement was made on behalf of Harvia Plc by Danske Bank AS, Suomen Sivuliike. For more information, contact Ari Vesterinen, Chief Financial Officer, at +358 40 5050 440 or ari.vesterinen@harvia.com.

Harvia Plc's Board of Directors has decided to initiate a share repurchase program based on authorization from the Annual General Meeting on April 26, 2024. The company plans to buy back up to 11,000 shares, representing 0.06% of its total shares, for a maximum of EUR 520,000. The repurchase will occur through public trading on Nasdaq Helsinki Ltd., starting as early as December 10, 2024, and concluding by March 31, 2025. The authorization allows for the repurchase of up to 934,711 shares, about 5% of the company's total shares, using funds from unrestricted shareholders' equity. Harvia Plc currently holds 4,207 of its own shares out of a total of 18,694,236 shares. Harvia is a leading global company in the sauna market, with a revenue of EUR 150.5 million in 2023, employing over 600 people across various countries. The company is headquartered in Muurame, Finland.

Harvia Plc announced a stock exchange release detailing a manager's transaction involving Markus Wörmanseder, a senior manager at the company. The transaction, which took place on November 27, 2024, at NASDAQ Helsinki, involved the disposal of shares with a total volume of 9,086 and a volume-weighted average price of 42.81921 EUR. Harvia is a leading company in the global sauna market, known for its extensive product portfolio catering to both private and professional customers. In 2023, Harvia reported a revenue of 150.5 million EUR and employs around 600 people across various countries, including Finland, Germany, the United States, and others. The company is headquartered in Muurame, Finland.

Harvia Plc's interim report for the third quarter of 2024 highlights the company's growth both organically and through the acquisition of ThermaSol, maintaining strong profitability. The revenue for the quarter was EUR 38.7 million, a 14.0% increase from the previous year, driven by strong sales in North America, Asia-Pacific, and the Middle East. Organic growth was 7.9%. The acquisition of ThermaSol boosted steam product sales, and Harvia's adjusted operating profit was EUR 8.9 million, with a margin of 22.9%. The company focused on increasing inventories in the U.S. and investing in production facilities, which affected cash flow and cash conversion. Harvia's leverage was 1.4, below the target of under 2.5. The company aims for long-term growth through organic means and acquisitions. New product innovations include a woodburning heater and a solar-powered sauna. Harvia is positioned as an industry leader in the global sauna market, with plans for continued expansion and innovation. A webcast for analysts and investors is scheduled for November 7, 2024. Harvia employs over 600 people globally and is headquartered in Muurame, Finland.

Harvia will release its Interim Report for January to September 2024 on Thursday, November 7, 2024, at around 9:00 a.m. Finnish time. The report and presentation materials will be available on their website. A webcast for analysts, investors, and media will be held at 12:00 p.m. EET on the same day, hosted by CEO Matias Järnefelt and CFO Ari Vesterinen, and conducted in English. The webcast can be accessed online, with a recording available later. Harvia, a leading global company in the sauna market, reported a revenue of EUR 150.5 million in 2023 and employs over 600 people across multiple countries. The company is headquartered in Muurame, Finland. For more information, contact CFO Ari Vesterinen.

Harvia Plc's Board of Directors has announced the record date and payment date for the second dividend installment for the financial year 2023, set at EUR 0.34 per share. This follows the decision made at the Annual General Meeting on April 26, 2024, where it was agreed to distribute a total dividend of EUR 0.68 per share in two installments. The first installment was paid on May 8, 2024, and the second will be paid on October 28, 2024, to shareholders registered by October 21, 2024. Harvia, a leading global company in the sauna market, reported a revenue of EUR 150.5 million in 2023 and employs over 600 people across several countries. The company is based in Muurame, Finland.

Kirami, a Finnish manufacturer of hot tubs and saunas, has introduced a new sauna collection called the Kirami FinVision® -sauna Tile. This collection features innovative, energy-efficient, and environmentally friendly outdoor saunas. The electric saunas can be installed in remote locations without access to the electrical grid, using optional solar panels and a battery system. The saunas will be showcased at the Interbad Trade Fair in Stuttgart and the Piscine Trade Fair in Lyon. The collection includes models with smaller heaters for high energy efficiency and quick heating times. Kirami, part of the Harvia Group since 2021, is also launching a new logo and brand, Kirami by Harvia, reflecting their focus on well-being and innovation. The Kirami FinVision® Sauna M Tile will compete for the Innovation Award 2024 at the Interbad fair.

Harvia Plc issued a stock exchange release on September 20, 2024, detailing transactions by senior manager David Ahonen. The transactions, all disposals of shares, occurred on September 19, 2024, across various venues including AQEU, BEUP, CEUX, and NASDAQ Helsinki Ltd (XHEL). The transactions involved multiple volumes and unit prices, with aggregated transaction details provided for each venue. Harvia Plc is a leading company in the global sauna market, with a revenue of EUR 150.5 million in 2023 and approximately 600 employees across various countries. The company is headquartered in Muurame, Finland. For more information, contact CFO Ari Vesterinen or visit Harvia's website.

Harvia Plc released information on September 19, 2024, detailing transactions by senior manager David Ahonen involving the disposal of shares in the company. The transactions occurred on September 17 and 18, 2024, across various trading venues. The aggregated transactions across different venues included significant volumes of shares with varying unit prices, all related to the disposal of shares. The detailed report provides specific volumes and prices for each transaction. Harvia, a leading global company in the sauna market, reported a revenue of EUR 150.5 million in 2023 and employs around 600 professionals across multiple countries. The company is headquartered in Muurame, Finland. For more information, visit their website.