Harvia PLC (LTS:0ABF)
€ 45.55 -0.1 (-0.22%) Market Cap: 860.68 Mil Enterprise Value: 893.29 Mil PE Ratio: 34.33 PB Ratio: 7.78 GF Score: 66/100

Full Year 2020 Harvia Oyj Earnings Call Transcript

Feb 11, 2021 / 09:00AM GMT
Tapio Pajuharju
Harvia Oyj - CEO

Hello, and welcome onboard for Harvia's 2020 Financial Review. My name is Tapio Pajuharju, I'm the CEO. And next to me, we have Ari Vesterinen, our CFO.

Ari Vesterinen
Harvia Oyj - CFO

Hello, welcome.

Tapio Pajuharju
Harvia Oyj - CEO

We'll run the show today. I'll try to entertain more on the operational issues and what we've been doing and achieving on the marketplace, and then Ari will have a deep dive on the financial. That's what we speak. And after the presentation, we'll have opportunity to entertain questions and comments from the audience. So welcome aboard.

When starting with the review of the 2020, I think you realized that the saunas have been hot, so has been Harvia's operational machinery and equipment, and it's been a very, very strong year on top line. Also on the bottom line, we've been able to grow the profitability, both on the absolute terms as well as on the relative terms. And I'm happy to say that in almost all of the markets, as well as in almost

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