May 03, 2024 / 08:00AM GMT
Matias Jarnefelt - Harvia Oyj - Chief Executive Officer, Member of the Management Team
Hello, everyone, and welcome to Harvia's Q1 '24 earnings webcast. My name is Matias Järnefelt. I'm the CEO of the Group. And with me, I have Ari Vesterinen, our CFO.
Ari Vesterinen - Harvia Oyj - Chief Financial Officer, Member of the Management Team
Hi.
Matias Jarnefelt - Harvia Oyj - Chief Executive Officer, Member of the Management Team
To begin with the presentation, I will cover first the highlights of the quarter. And after me, Ari will be covering the financials in more detail.
First, top line. Our revenue increased by 2.3% to EUR42.4 million. Organic growth was 1.4%. During the quarter, we had some negative impact from the political strikes taking place in Finland. The sales results was supported by strong sales development outside of Europe, both in North America and our APAC, Middle East, and Africa regions.
On the other hand, we faced some severe headwinds in Northern Europe. Market continued to
Q1 2024 Harvia Oyj Earnings Call Transcript
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
![](https://static.gurufocus.com/material/money-back-guarantee.png)
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent ![](https://static.gurufocus.com/trust_rating.png)
![](https://static.gurufocus.com/trust_rating.png)
4.6 out of 5
Trustpilot
![](https://static.gurufocus.com/trust.png)