Brief: Harvia Q2 Operating Result Up At EUR 12.8 Mln

Harvia Oyj

16/07/2021 11:45

July 16 (Reuters) - Harvia Oyj  HARVIA.HE :
    * REG-PREANNOUNCEMENT REGARDING HARVIA’S SECOND QUARTER OF
2021
FINANCIAL PERFORMANCE: STRONG DEMAND RESULTING IN STRONG
PROFITABILITY
    * SUPPLY CHAIN HAS BEEN AFFECTED BY INCREASED PRICES AND
EXCEPTIONAL VOLATILITY
    * WE HAVE BEEN ABLE TO KEEP IMPACT UNDER CONTROL
    * WE ANTICIPATE SAME CHALLENGING SITUATION TO CONTINUE AT
LEAST
FOR REST OF YEAR.
    * Q2 ADJUSTED OPERATING RESULT INCREASED TO APPROXIMATELY
EUR 13.2
MILLION (5.4)
    * Q2 REVENUE GREW BY 83% TO APPROXIMATELY EUR 46.8 MILLION
(25.5)
    * Q2 OPERATING RESULT INCREASED TO APPROXIMATELY EUR 12.8
MILLION
(4.6)
    * SAYS WE HAVE BEEN ABLE TO MAINTAIN FULL OPERATIONAL
CAPABILITY
DESPITE PANDEMIC, AND WE HAVE CONTINUED SYSTEMATIC IMPROVEMENT
OF PRODUCTIVITY
    * SAYS DEMAND DURING Q2 HAS BEEN STRONG IN ALMOST ALL OF KEY
MARKETS
    * SAYS DESPITE CHALLENGES CONCERNING AVAILABILITY OF KEY RAW
MATERIALS AND COMPONENTRY, WE HAVE BEEN ABLE TO SUPPLY NEEDED
PRODUCTS
    * SAYS HIGH DEMAND COMBINED WITH STRONG OPERATIONAL
EXECUTION IS
ALSO RESULTING IN HIGHER THAN ANTICIPATED PROFITABILITY

Source text for Eikon:  ID:nGNEc7r0wB 
Further company coverage:  HARVIA.HE 

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