Company Harvia Oyj

Equities

HARVIA

FI4000306873

Electrical Components & Equipment

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Harvia Oyj

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Heating, Ventilation & Air Conditioning Systems

Market Closed - Nasdaq Helsinki Other stock markets 11:29:38 2024-04-19 am EDT			5-day change	1st Jan Change
39.7 ^EUR	-0.13%		-3.87%	+45.96%

Feb. 08	Harvia to Seek Acquisitions	CI
Feb. 08	Transcript : Harvia Oyj, Q4 2023 Earnings Call, Feb 08, 2024

Harvia Oyj is a Finland-based sauna and spa company. Its product and service offering is divided into five groups: sauna heaters, sauna rooms, control units, steam generators and spare parts, services and other products. Heaters comprise products for small, family and commercial saunas. Sauna rooms include infrared and steam rooms. Other products are comprised of spa modules, digital control units and various sauna accessories suitable for different sauna and spa cultures. Additionally, the Company offers a range of interior solutions from panelling boards to speakers and lighting. Harvia Oyj operates in China, Estonia, Finland and Russia. Its primary markets consist of Finland, Germany, Russia, Sweden and the United States. Clients mainly consist of retailers and wholesale customers, who sell products to builders and end customers.

Number of employees: 605

EUR in Million	2022	Weight	2023	Weight	Delta
Heating Equipment 54.6 %	-	-	82	54.6 %	-
Sauna and Scandinavian Hot Tubs 28.5 %	46	26.8 %	43	28.5 %	-6.93%
Spare Parts and Services 8.0 %	-	-	12	8.0 %	-
Accessories and Heater Stones 5.9 %	-	-	9	5.9 %	-
Steam Generators 3.0 %	5	2.9 %	5	3.0 %	-8.34%

EUR in Million	2022	Weight	2023	Weight	Delta
North America 28.9 %	36	20.9 %	43	28.9 %	+20.32%
Other European Countries 27.2 %	46	26.9 %	41	27.2 %	-11.61%
Finland 20.1 %	36	21.1 %	30	20.1 %	-16.96%
Germany 11.4 %	26	15.1 %	17	11.4 %	-34.50%
Other Countries 7.3 %	10	6.0 %	11	7.3 %	+6.00%
Scandinavia 5.1 %	10	5.5 %	8	5.1 %	-18.85%

Managers	Title	Age	Since
Matias Järnefelt CEO	Chief Executive Officer	50	23-05-31
Ari Vesterinen DFI	Director of Finance/CFO	61	14-03-23
Timo Harvia CTO	Chief Tech/Sci/R&D Officer	46	14-03-23
Mika Suoja COO	Chief Operating Officer	49	16-12-31
Juho Laurio IRO	Public Communications Contact	-	20-08-31
Päivi Juolahti SAM	Sales & Marketing	48	20-05-11
Minna Borenius PRN	Corporate Officer/Principal	-	-
Anssi Pelkonen PRN	Corporate Officer/Principal	60	14-03-23
David Ahonen PRN	Corporate Officer/Principal	58	-
Markus Wörmanseder PRN	Corporate Officer/Principal	50	16-12-31

Members of the board	Title	Age	Since
Olli Juhani Liitola CHM	Chairman	67	14-03-23
Hille Kristiina Korhonen BRD	Director/Board Member	63	21-03-31
Catharina von Stackelberg-Hammarén BRD	Director/Board Member	54	23-04-19
Markus Lengauer BRD	Director/Board Member	59	23-04-19
Heiner Olbrich BRD	Director/Board Member	59	21-12-31
Carl Anders Holmén BRD	Director/Board Member	47	20-12-31

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	18,694,236	15,334,332 ( 82.03 %)	5,072 ( 0.0271 %)	82.03 %

Name	Equities	%	Valuation
SEB Investment Management AB (Denmark) 4.645 %	868,385	4.645 %	36 M €
Onvest Oy 4.395 %	821,689	4.395 %	34 M €
Evli Fund Management Co. Ltd. 3.342 %	624,722	3.342 %	26 M €
WestStar Oy 3.049 %	569,942	3.049 %	24 M €
ODIN Forvaltning AS 2.997 %	560,286	2.997 %	23 M €
Didner & Gerge Fonder AB 2.235 %	417,752	2.235 %	17 M €
Pertti Kalevi Harvia 2.181 %	407,790	2.181 %	17 M €
Keskinäinen Eläkevakuutusyhtiö Ilmarinen 2.099 %	392,320	2.099 %	16 M €
SEB Wealth Management Finland Ltd. 2.049 %	383,125	2.049 %	16 M €
DNCA Finance SA 1.783 %	333,334	1.783 %	14 M €

Harvia Oyj

Teollisuustie 1-7

40951, Muurame

+358 2074 64000

http://www.harvia.fi

Name	Category and Sector
Harvia Group Oy Harvia Group Oy MiscellaneousMiscellaneous Part of Harvia Oyj, Harvia Group Oy is a private company based in Muurame, Finland. Matias Järnefelt has been the CEO of the Finnish company since 2023.	Miscellaneous

Trading Rating

Investor Rating

ESG Refinitiv

D+

More Ratings

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

39.7 EUR

Average target price

36.5 EUR

Spread / Average Target

-8.06%

Consensus

Estimates Revisions

Company calendar

Industrials

Industrial Goods

Machinery, Equipment & Components

Electrical Components & Equipment

Heating, Ventilation & Air Conditioning Systems

	1st Jan change	Capi.
HARVIA OYJ	+45.96%	792M
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DAIKIN INDUSTRIES, LTD.	-16.40%	36.94B
LENNOX INTERNATIONAL INC.	+2.15%	16.32B
WATSCO, INC.	-7.36%	14.9B
A. O. SMITH CORPORATION	+4.40%	12.75B
AAON, INC.	+15.62%	7B
VOLTAS LIMITED	+32.93%	5.11B

Heating, Ventilation & Air Conditioning Systems