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Harvia Oyj Earnings Calls
| Release date | Nov 06, 2025 |
| EPS estimate | 0.435€ |
| EPS actual | 0.325€ |
| EPS Surprise | -25.29% |
| Revenue estimate | 51.833M |
| Revenue actual | 46M |
| Revenue Surprise | -11.25% |
| Release date | Aug 07, 2025 |
| EPS estimate | 0.350€ |
| EPS actual | 0.233€ |
| EPS Surprise | -33.37% |
| Revenue estimate | 42.85M |
| Revenue actual | 47.249M |
| Revenue Surprise | 10.27% |
| Release date | May 07, 2025 |
| EPS estimate | 0.440€ |
| EPS actual | 0.460€ |
| EPS Surprise | 4.55% |
| Revenue estimate | 47.5M |
| Revenue actual | 51.972M |
| Revenue Surprise | 9.41% |
| Release date | Feb 13, 2025 |
| EPS estimate | 0.390€ |
| EPS actual | 0.300€ |
| EPS Surprise | -23.08% |
| Revenue estimate | 46.98M |
| Revenue actual | 50.952M |
| Revenue Surprise | 8.45% |
Last 4 Quarters for Harvia Oyj
Below you can see how HARVIA.HE performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Feb 13, 2025 |
| Price on release | 47.10€ |
| EPS estimate | 0.390€ |
| EPS actual | 0.300€ |
| EPS surprise | -23.08% |
| Date | Price |
|---|---|
| Feb 07, 2025 | 48.00€ |
| Feb 10, 2025 | 48.30€ |
| Feb 11, 2025 | 48.65€ |
| Feb 12, 2025 | 49.05€ |
| Feb 13, 2025 | 47.10€ |
| Feb 14, 2025 | 44.30€ |
| Feb 17, 2025 | 45.95€ |
| Feb 18, 2025 | 46.10€ |
| Feb 19, 2025 | 46.00€ |
| 4 days before | -1.88% |
| 4 days after | -2.34% |
| On release day | -5.94% |
| Change in period | -4.17% |
| Release date | May 07, 2025 |
| Price on release | 47.10€ |
| EPS estimate | 0.440€ |
| EPS actual | 0.460€ |
| EPS surprise | 4.55% |
| Date | Price |
|---|---|
| Apr 30, 2025 | 40.65€ |
| May 02, 2025 | 42.15€ |
| May 05, 2025 | 41.50€ |
| May 06, 2025 | 41.05€ |
| May 07, 2025 | 47.10€ |
| May 08, 2025 | 46.75€ |
| May 09, 2025 | 46.10€ |
| May 12, 2025 | 48.05€ |
| May 13, 2025 | 48.30€ |
| 4 days before | 15.87% |
| 4 days after | 2.55% |
| On release day | -0.743% |
| Change in period | 18.82% |
| Release date | Aug 07, 2025 |
| Price on release | 43.05€ |
| EPS estimate | 0.350€ |
| EPS actual | 0.233€ |
| EPS surprise | -33.37% |
| Date | Price |
|---|---|
| Aug 01, 2025 | 50.30€ |
| Aug 04, 2025 | 50.30€ |
| Aug 05, 2025 | 50.60€ |
| Aug 06, 2025 | 50.10€ |
| Aug 07, 2025 | 43.05€ |
| Aug 08, 2025 | 39.90€ |
| Aug 11, 2025 | 38.05€ |
| Aug 12, 2025 | 39.20€ |
| Aug 13, 2025 | 38.65€ |
| 4 days before | -14.41% |
| 4 days after | -10.22% |
| On release day | -7.32% |
| Change in period | -23.16% |
| Release date | Nov 06, 2025 |
| Price on release | 42.95€ |
| EPS estimate | 0.435€ |
| EPS actual | 0.325€ |
| EPS surprise | -25.29% |
| Date | Price |
|---|---|
| Oct 31, 2025 | 36.25€ |
| Nov 03, 2025 | 36.95€ |
| Nov 04, 2025 | 35.80€ |
| Nov 05, 2025 | 35.05€ |
| Nov 06, 2025 | 42.95€ |
| Nov 07, 2025 | 41.35€ |
| Nov 10, 2025 | 41.60€ |
| Nov 11, 2025 | 42.65€ |
| Nov 12, 2025 | 42.65€ |
| 4 days before | 18.48% |
| 4 days after | -0.698% |
| On release day | -3.73% |
| Change in period | 17.66% |
Harvia Oyj Earnings Call Transcript Summary of Q3 2025
Harvia delivered a strong Q3 '25 with broad-based growth and continued strategic investments. Key financials: revenue €46m (+19% reported, +22% at constant FX; organic +16%), adjusted operating profit €8.8m (19% margin), and YTD revenue €145m (+16%) with adjusted operating margin ~19.7%. Growth was double-digit across all four regions — notably North America (+24% reported, ~30% in USD), APAC/MEA (strong momentum) and Europe (returning to double-digit growth). Gross margin was pressured in Q3 mainly by higher cost of goods sold due to tariffs and an unfavorable FX move (USD ~6% weaker vs prior year). Harvia is actively managing pricing, campaign participation, sourcing and operational efficiency to mitigate these headwinds. Cash flow was seasonally weak in Q3 (operating free cash flow -€0.6m) due to inventory build for the winter selling season and elevated, growth-driven CapEx (investments in West Virginia site, Driedorf coating line, IT). Product & channel progress: new Harvia Fenix control, MyHarvia app, cloud workbench, and a premium ThermaSol sauna range (EOS heaters) — plus recognition for a solar-powered sauna. Management reiterates unchanged long-term financial targets (avg. annual growth >10%, adjusted operating margin >20%, leverage <2.5%) and emphasizes continued focus on commercial excellence, pricing, sourcing and operational improvements. Near term: expect campaign participation in Q4, further implementation of price increases to offset tariffs (management estimates market re-pricing equilibrium may take several months), and continued investments to support scaled growth.
