Harvia Oyj Earnings Recaps
Q3 2025
Nov 6, 2025
Harvia reported a robust 19% year-over-year revenue growth in Q3 2025, driven by broad-based performance across all geographic regions, while achieving an adjusted EBIT margin of 19%.
Key takeaways
- Revenue reached EUR 46 million, with organic growth at 16% and comparable growth at 22% due to favorable exchange rates.
- Adjusted operating profit improved to EUR 8.8 million, maintaining a margin of 19%, despite challenges from increased costs and tariffs.
- Significant investments are being made in operational efficiency and capacity expansion to support long-term growth.
- North America rebounded with 24% growth following a modest Q2, now representing 36% of total revenue.
- New leadership appointed for North America signaling commitment to further growth in a key market.