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OTCM
HRVFF
Market cap931mUSD
Jan 13, Last price  
19.30USD
Name

Harvia Oyj

Chart & performance

D1W1MN
OTCM:HRVFF chart
P/E
12.15
P/S
1.61
EPS
1.41
Vol. 1Y
—
Shs. 5Y
-0.06%
Rev. 5Y
12.76%
Div Yld LY
—
Div Yld TTM
—
Revenues
199m
+13.52%
46,411,00050,095,00060,108,00061,941,00074,095,000109,114,000179,122,000172,409,000150,547,000175,206,000198,900,000
Net income
26m
+9.05%
3,801,0003,315,0002,914,0006,780,0009,597,00015,475,00033,674,00027,080,00023,271,00024,242,00026,437,000
CFO
35m
+10.39%
10,439,0009,952,0008,029,0008,820,00015,072,00028,080,00021,816,00024,335,00039,139,00031,668,00034,957,000
Dividend
Oct 16, 20260.42783 USD/sh

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Profile

Harvia Oyj, along with its subsidiaries, specializes in the production and worldwide distribution of a comprehensive selection of saunas, encompassing traditional, steam, and infrared designs. The company's broad product lineup includes fundamental sauna components like various heaters (electric and wood-burning), fully constructed sauna rooms, premium hot tubs, sophisticated control units, and robust steam generators. Furthermore, Harvia supplies a wide array of complementary items, such as sauna heater spare parts, specific sauna stones, elements for steam rooms, infrared components, advanced sound and lighting systems, and water purification products. A complete range of sauna accessories is also available, featuring aromatic scents, traditional buckets and ladles, thermometers, and textiles. Their offerings extend to pre-fabricated saunas, cutting-edge infrared and hybrid cabins, and integrated steam rooms and spa modules. Beyond manufacturing, the company provides essential services including sauna installation, routine maintenance, and repair, and is also involved in real estate ventures. Harvia distributes its merchandise to retailers and wholesalers via an established network of authorized dealers. Founded in 1950 and headquartered in Muurame, Finland, Harvia Oyj maintains a substantial international footprint, operating across Finland, numerous other EU countries, North America, Germany, Russia, the rest of the Scandinavian region, and other global markets.

Related entities

Subsidiaries (2)
Harvia Finland Oy
Harvia Group Oy

Key people

Catharina Stackelberg-hammaren
Independent Chairman of the Board · since 2025
Markus Lengauer
Independent Vice Chairman of the Board · since 2025
Ari Vesterinen
Chief Financial Officer, Member of the Management Team · since 2014
David Ahonen
Head of Region Asia-Pacific-MEA, Member of the Management Team · since 2024
Nathan Hagemeier
Head - Region, North America, President of Harvia US Inc., Member of the Management Team · since 2025
Timo Harvia
Head of Innovation and Technology, Member of the Management Team · since 2024
Matias Jarnefelt
Chief Executive Officer, Member of the Management Team · since 2023
Paavi Juolahti
Head of Marketing and Brands, Member of the Management Team · since 2024
Philipp Krauth
Managing Director - EOS, Head of EOS Brands and Products, Member of the Management Team · since 2024
Nick Larrick
Interim Head of Region, North America, Member of the Management Board · since 2025
Anssi Pelkonen
Head of Region Northern Europe, Member of the Management Team · since 2024
Ivan Sabato
Head of Region - Continental Europe, Member of the Management Team · since 2024
Mika Suoja
Head of Operations, Member of the Management Team · since 2024
Markus Woermanseder
Head of Products and Solutions, Member of the Management Board · since 2024
Independent Director · since 2025
Anders Holmen
Independent Director · since 2021
Hille Korhonen
Independent Director · since 2021
Olli Liitola
Independent Director · since 2024
IPO date
Mar 22, 2018
Employees
619
Domiciled in
FI
Incorporated in
FI
Headquarters & legal address
Teollisuustie 1-7
40950 MUURAME
MUURAME FI-40950
FI

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