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HAE1T Harju Elekter AS News Story

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Estonia's Harju Elekter Q4 revenue rises 58.6%

Overview

Estonian electrical solutions provider's Q4 revenue rose 58.6% yr/yr, returning to profitability

Company achieved record operating profit of 12 mln euros in 2025

Company proposes dividend of 0.25 euros per share

Outlook

Company plans to expand Estonian production facility by 4,000 m²

Company sees ongoing demand for energy systems and electrification solutions

Result Drivers

PROFITABILITY FOCUS - Strategic management decisions improved profitability, focusing on projects with higher technical competence and better margins

ESTONIAN MARKET GROWTH - Estonian plant saw increased orders in substation and e-house areas, prompting expansion plans

ENERGY SYSTEM DEMAND - Continued demand for energy system solutions and electrification supported core activities

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 RevenueEUR 47.52 mln
Q4 EPSEUR 0.14
Q4 EBITEUR 1.84 mln
Q4 EBITDAEUR 3.06 mln
Q4 Gross ProfitEUR 5.34 mln
Press Release: ID:nGNE7wnMfJ For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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