Harvia Plc distributes an extra dividend of EUR 0.19 per share

Stock Exchange Release | 17 October 2019

Harvia Plc, Stock Exchange Release, October 17, 2019 at 11.00 A.M. EET

Harvia Plc distributes an extra dividend of EUR 0.19 per share

The Board of Directors of Harvia Plc has decided today, on the basis of the authorization by the Annual General Meeting 2019, that an extra dividend of EUR 0.19 per share (EUR 3,551,904.84 in total) be distributed from retained earnings. The dividend will be paid to a shareholder registered in the company’s shareholder register maintained by Euroclear Finland Ltd on the record date for the dividend 21 October 2019. The dividend will be paid on 28 October 2019.

Harvia Plc’s Annual General Meeting, held on 4 April 2019, decided that no more than EUR 0.37 per share be paid as dividend in two instalments. The Annual General Meeting decided on a dividend of EUR 0.18 per share that was paid 15 April 2019. The Annual General Meeting authorised the Board of Directors to resolve, at its discretion, upon distribution of an extra dividend of no more than EUR 0.19 per share.

Further information: 

Tapio Pajuharju, CEO
tel: +358 50 577 4200

Ari Vesterinen, CFO
tel: +358 40 505 0440

Harvia is one of the leading companies operating in the sauna and spa market globally, as measured by revenue. Harvia's brands and product portfolio are well-known in the market and the company's comprehensive product portfolio strives to meet the needs of the international sauna and spa market of both private and professional customers.

Harvia's revenue totaled EUR 61.9 million in 2018, its operating profit was EUR 9.4 million and adjusted operating profit EUR 10.9 million during the same period. The company employs some 400 professionals in Finland, China and Hong Kong, Romania, Austria, United States, Germany and Estonia. The company is headquartered in Muurame, Finland, adjacent to its largest sauna and sauna component manufacturing facility.

Read more www.harvia.fi/en