Harvia PLC (FRA:G1U)

€ 38.1 -0.6 (-1.55%) Market Cap: 713.96 Mil Enterprise Value: 740.44 Mil PE Ratio: 29.12 PB Ratio: 6.12 GF Score: 80/100

Q1 2021 Harvia Oyj Earnings Call Transcript

May 05, 2021 / 08:00AM GMT

Transcript

Tapio Pajuharju

Harvia Oyj - CEO

Hello, and welcome to Harvia Q1 reporting. My name is Tapio Pajuharju. Next to me, we have Ari Vesterinen, our CFO.

Ari Vesterinen

Harvia Oyj - CFO

Hello.

Tapio Pajuharju

Harvia Oyj - CEO

So let's go straight to the work. And I think most of you have been reading our pre-announcement, and I'm very happy to say that we experienced very strong topline growth and exceptionally strong demand and then also a very good profitability.

On the previous reports, I think we had a bit of a tumbling in the steam category. But this one, all the markets and all the categories experienced very solid growth. And then I think the ones who will be following the sauna spa market. Overall, I think the awareness has been increasing. The popularity has been increasing and on top of that, we've been boosted by the pandemic a bit in most of the markets. But it's good to remember that still some of the markets are not in a good shape, still the same applies for the Southern European markets,

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