Harvia Plc, Financial statements bulletin, 10 February 2022 at 9.00 a.m. EET
This release is a summary of Harvia Plc’s Financial statements bulletin 2021. The complete report is attached to this release as a pdf file. It is also available on Harvia’s website at https://harviagroup.com/.
Highlights of the review period
October–December 2021:
-
Revenue increased by 31.9% to EUR 46.5 million (35.2). At comparable exchange rates, revenue increased by 29.8% to EUR 45.7 million. On top of strong organic revenue growth of 21.0%, Harvia enjoyed substantial revenue growth due to acquisitions.
-
Adjusted operating profit increased to EUR 11.1 million (8.8), making up 24.0% (24.9) of the revenue. At comparable exchange rates, the adjusted operating profit increased to EUR 11.0 million (24.0% of the revenue).
-
Operating profit was EUR 11.1 million (8.7), making up 23.9% (24.7) of the revenue.
-
Operating free cash flow amounted to EUR 3.8 million (10.3) and cash conversion was 30.2% (104.1%). EUR 3.8 million (0.8) investments in expanding capacity and improving productivity as well as EUR 5.1…
