Company Meriaura Group Oyj

MERI

FI4000425848

Electric Utilities

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Ratings for Meriaura Group Oyj

Quarterly earnings - Rate of surprise

Sector Solar Electric Ultilities

Market Closed - Nasdaq Stockholm Other stock markets 11:20:32 2024-05-02 am EDT			5-day change	1st Jan Change
0.536 ^SEK	+7.20%		+2.68%	+0.94%

Apr. 25	Meriaura Invest Ltd agreed to acquire an unknown minority stake in Meriaura Group Oyj.	CI
Apr. 15	Meriaura Energy Ltd Signs A Contract with Serres Vermeil SARL to Deliver A Solar Thermal Plant in Palau-Del-Vidre, France	CI

Meriaura Group Oyj, formerly Savosolar Oyj, is a Finland-based company engaged in the manufacture of solar energy solutions. Its offering comprises solar thermal collectors, absorbers and systems, as well as design and installation services. Its products utilize a selective MEMO nano-coating, which consists of three thin ceramic layers deposited by the vacuum coating process. The Company is focused on two main segments: district heating market in Denmark, Germany, France, Italy, Austria and Finland; as well as industrial systems for process heating. The other applications of its photovoltaic solutions include domestic heat water and space heating, and low energy buildings.

Number of employees: 157

EUR in Million	2022	Weight	2023	Weight	Delta
Solar Thermal Systems 100.0 %	9	100.0 %	66	100.0 %	+666.49%

EUR in Million	2022	Weight	2023	Weight	Delta
Finland, Denmark, Germany, and France 100.0 %	9	100.0 %	66	100.0 %	+666.49%

Managers	Title	Age	Since
Kirsi Suopelto CEO	Chief Executive Officer	48	22-11-24
Raul Ikonen DFI	Director of Finance/CFO	54	18-10-31
Heikki Timonen DFI	Director of Finance/CFO	57	19-04-11
Martti Jalava COO	Chief Operating Officer	58	19-12-31
Torben Frederiksen CTO	Chief Tech/Sci/R&D Officer	52	18-08-21
Antti Lilleberg SAM	Sales & Marketing	46	20-05-31

Members of the board	Title	Age	Since
Jussi-Pekka Mälkiä CHM	Chairman	62	22-11-30
Ville Jussila BRD	Director/Board Member	-	22-11-30
Kirsi Suopelto CEO	Chief Executive Officer	48	22-11-24

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	866,801,277	731,604,743 ( 84.40 %)	0	84.40 %

Name	Equities	%	Valuation
Storebrand Asset Management AS 0.1072 %	928,721	0.1072 %	42 833 kr
FCG Fonder AB 0.001211 %	10,493	0.001211 %	484 kr

Meriaura Group Plc

Insinöörinkatu 7

50150, Mikkeli

http://www.savosolar.com

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UNDERPERFORM

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Last Close Price

0.0426 EUR

Average target price

0.04 EUR

Spread / Average Target

-6.04%

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Electrical Utilities & IPPs

Electric Utilities

Solar Electric Ultilities

	1st Jan change	Capi.
MERIAURA GROUP OYJ	+0.94%	39.5M
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ZHEJIANG SUNOREN SOLAR TECHNOLOGY CO.,LTD.	-21.76%	626M
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J&V ENERGY TECHNOLOGY CO., LTD.	+58.56%	535M

Solar Electric Ultilities