Harvia Plc’s Annual Report including Board of Directors’ Report and Financial Statements for 2018 is published

Stock Exchange Release | 6 March 2019

Harvia PLC stock exchange release 6 March 2019, 10:00 am EET

Harvia's Annual Report 2018 was published today on https://www.harvia.fi/en/investors/releases-and-publications/annual-reports/.

Annual Report includes the Board of Directors Report and the Financial Statements consisting of the Consolidated Financial Statements and the Parent Company Financial Statements. Harvia's Annual Report includes also a Corporate Governance Statement and a Salary and Compensation Report for 2018.

All of the above statements are attached to this release as a PDF file and are also available in Finnish and in English on Harvia's website at www.harvia.fi.


For further information:

CEO Tapio Pajuharju, tapio.pajuharju@harvia.fi, tel. +358 50 577 4200

CFO Ari Vesterinen, ari.vesterinen@harvia.fi, tel +358 40 505 0440

Harvia in short
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, United States, Germany and Estonia. The company is headquartered in Muurame, Finland, adjacent to its largest sauna and sauna component manufacturing facility.