Harvia Plc Publishes Annual Reporting Package
Harvia Plc has released its annual reporting package for 2024 in both Finnish and English, showcasing a detailed overview of the company’s operational and financial performance. This package is crucial for stakeholders, providing insights into the strategic direction and accomplishments of the organization in the past year.
Key Components of the Annual Report
The annual report includes an extensive review of Harvia’s operational highlights, the Board of Directors’ Report, the Financial Statements, and various governance documents such as the Corporate Governance Statement and the Remuneration Report for 2024. A particularly noteworthy aspect of the Board of Directors’ Report is its Sustainability Statement, which has been prepared following the European Sustainability Reporting Standards (ESRS), reflecting the company’s commitment to responsible and sustainable business practices.
Assurance and Compliance
Deloitte Oy, a respected auditing firm, has reviewed and provided a level of limited assurance on the Sustainability Statement, ensuring transparency and compliance with industry standards. The Financial Statements are also compliant with the European Single Electronic Format (ESEF), further underscoring Harvia’s commitment to modern reporting practices. The Consolidated Financial Statements have been appropriately tagged with XBRL tags, facilitating better data management and accessibility for stakeholders.
Accessibility of Reports
All the reports mentioned are attached as PDF files to the release, and the Board of Directors’ Report and the Financial Statements are provided in XHTML format. Furthermore, these documents are readily accessible on Harvia’s official website, allowing for easy public access. This level of transparency is important for maintaining investor trust and engaging the wider community with the company’s progress.
Financial Performance Snapshot
In 2024, Harvia's revenue reached an impressive EUR 175.2 million, further solidifying its standing as one of the leading companies in the global sauna market. With approximately 700 dedicated employees across various countries including Finland, the United States, Germany, Romania, and others, Harvia demonstrates a strong international presence and a commitment to serving both private and professional customers with high-quality sauna products.
Company Background
As a prominent player in the sauna market, Harvia is widely recognized for its premium brands and products that cater to diverse customer needs. The company continuously strives to innovate and adapt to the growing demands of the market, ensuring its offerings resonate with consumers looking for quality and sustainability. The headquarters located in Muurame, Finland, is adjacent to its largest manufacturing facility, from where much of its product development and production takes place.
Conclusion
Harvia Plc continues to make significant strides in the sauna industry with its robust reporting practices and substantial revenue achievements. The annual reporting package for 2024 reflects the company’s dedication to transparency, sustainability, and quality. Investors and stakeholders are encouraged to examine these reports closely to understand the intricacies of Harvia’s growth and future potential in the market.
Frequently Asked Questions
What does Harvia Plc's annual report contain?
The annual report includes the Board of Directors' Report, Financial Statements, Corporate Governance Statement, and Remuneration Report, providing a holistic view of the company's performance.
Who is responsible for auditing Harvia's reports?
The audit firm Deloitte Oy has provided limited assurance on the Sustainability Statement and conducted the independent audit of the Financial Statements.
How does Harvia ensure sustainability in its operations?
Harvia's commitment to sustainability is articulated through a dedicated Sustainability Statement within its annual report, prepared according to European standards.
Where can I find Harvia's annual reports?
The annual reports are available on Harvia’s official website, allowing stakeholders and the public to access detailed financial and operational information.
What is Harvia's revenue for 2024?
Harvia reported a revenue of EUR 175.2 million for the year 2024, showcasing its strong performance in the sauna market.
