Harvia Oyj (HRVFF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

There is a very special place for the body, mind and spirit. And it's easy to reach. It can be hot. It can be cold. It can be pleasantly warm and smoothly cool. Outside and in. It elevates you and all around you. It feels and does good. Like no other place can. We know this place. We come from this place. We have our own very old word for it. It's the same in every language. So, we invite the whole world to explore, embrace, and enjoy it. Always in your own very special way. Let's sauna for the body, mind and spirit. Hello everyone and welcome to Harvia's second quarter 26 earnings webcast. My name is Matias Jarnefelt, I am the CEO of the company and with me I have Ari Vesterinen, our chief financial officer. Hello, welcome. Today we'll start by our presentation as usual and I will be covering the highlights of the second quarter business events and key financial numbers. I will also briefly touch our strategy implementation. After me, Ari will be then going through the financial performance through in more detail. During the time we present, you are welcome to send your questions via the chat and we will be more than happy to answer your questions after the presentation. So let's get started. Quarter two highlights, starting with the top line. We're very happy to report that we delivered double-digit revenue growth, which mainly was driven by very strong performance in North America. Our revenue increased by nearly 12% to 52.8 million euros, and all of this growth was organic. North America really was the highlight out of our regions, driving nearly 40% revenue increase during the quarter. This also boosted then the sauna and Scandinavian hot tub product category as that represents a large share of our business in the Northern American continent. This is also a very...