Harju Elekter Group Announces Consolidated Annual Results
Harju Elekter Group's Consolidated Annual Report 2024
AS Harju Elekter Group has recently disclosed its consolidated audited Annual Report for the year 2024. This report was meticulously prepared by the Management Board and subsequently approved by the Supervisory Board, ensuring transparency and accountability within the organization.
Key Financial Highlights
The financial performance illustrated in the report is quite encouraging. The consolidated audited revenue for 2024 reached an impressive figure of 174.7 million euros. Additionally, the operating profit was recorded at 6.4 million euros, reflecting the group's efficient operations and strategic planning. The net profit for the year stood at 3.2 million euros, showcasing a healthy bottom line.
Performance Comparison
When compared to the previously published unaudited interim report, which was released earlier in 2025, there are no discrepancies in the audited financial results. This consistency underlines the reliability and diligence of Harju Elekter's financial reporting practices.
Management Commentary
Management expressed satisfaction with the performance results, highlighting that the group's ongoing commitment to quality and innovation is integral to their success. They believe that such solid financial results pave the way for future growth and expansion, enabling the company to explore new opportunities in the market.
Digital Accessibility of the Report
To enhance accessibility, the original audited Annual Report 2024 is available in a machine-readable .xhtml format and has been digitally signed. This format facilitates easier dissemination of information to stakeholders and interested parties. It has been submitted to the Nasdaq Tallinn Stock Exchange for further transparency.
Looking Ahead
As Harju Elekter Group looks ahead, it remains committed to upholding the standards that have contributed to its success. The leadership team continues to focus on strategic decisions that drive value not only for the company but also for its investors, employees, and the larger community.
Contact Information
For any inquiries, stakeholders may reach out to:
Tiit Atso
Chairman of the Management Board
+372 674 7400
Frequently Asked Questions
What are the key financial figures for 2024?
The consolidated audited revenue was 174.7 million euros, with an operating profit of 6.4 million euros and a net profit of 3.2 million euros.
Is there any difference between the audited and unaudited reports?
No, there are no differences; the audited financial results match the previously published unaudited interim report.
How does Harju Elekter plan to grow in the future?
Harju Elekter is focused on strategic initiatives that enhance quality and innovation, paving the way for future growth and market exploration.
Where can the Annual Report be accessed?
The audited Annual Report 2024 is available on the Nasdaq Tallinn Stock Exchange website in a machine-readable format.
Who can be contacted for more information?
For inquiries, Tiit Atso, the Chairman of the Management Board, can be contacted at +372 674 7400.
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