Harvia Oyj Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Matias Jarnefelt

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure1.9yrs
CEO ownershipn/a
Management average tenure8.3yrs
Board average tenure3.1yrs

Recent management updates

Recent updates

Harvia Oyj (HEL:HARVIA) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable

May 13
Harvia Oyj (HEL:HARVIA) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable

Harvia Oyj Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

May 12
Harvia Oyj Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Harvia Oyj (HEL:HARVIA) Will Pay A Dividend Of €0.37

May 02
Harvia Oyj (HEL:HARVIA) Will Pay A Dividend Of €0.37

Harvia Oyj (HEL:HARVIA) Has A Pretty Healthy Balance Sheet

Apr 01
Harvia Oyj (HEL:HARVIA) Has A Pretty Healthy Balance Sheet

Harvia Oyj Just Missed Earnings - But Analysts Have Updated Their Models

Feb 16
Harvia Oyj Just Missed Earnings - But Analysts Have Updated Their Models
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North American Expansion And ThermaSol Acquisition Will Strengthen Sauna And Spa Market Leadership

Feb 13 Strategic emphasis on North America and ThermaSol integration boosts market leadership, enhancing revenue and profit margins, especially in the U.S. market.

Harvia Oyj (HEL:HARVIA) Has Announced A Dividend Of €0.34

Oct 03
Harvia Oyj (HEL:HARVIA) Has Announced A Dividend Of €0.34

Calculating The Fair Value Of Harvia Oyj (HEL:HARVIA)

Oct 01
Calculating The Fair Value Of Harvia Oyj (HEL:HARVIA)

Harvia Oyj (HEL:HARVIA) Will Pay A Dividend Of €0.34

Sep 19
Harvia Oyj (HEL:HARVIA) Will Pay A Dividend Of €0.34

Harvia Oyj's (HEL:HARVIA) Dividend Will Be €0.34

Sep 04
Harvia Oyj's (HEL:HARVIA) Dividend Will Be €0.34

Harvia Oyj's (HEL:HARVIA) Share Price Could Signal Some Risk

Aug 26
Harvia Oyj's (HEL:HARVIA) Share Price Could Signal Some Risk

Harvia Oyj (HEL:HARVIA) Has Announced A Dividend Of €0.34

Aug 10
Harvia Oyj (HEL:HARVIA) Has Announced A Dividend Of €0.34

What Does Harvia Oyj's (HEL:HARVIA) Share Price Indicate?

Aug 07
What Does Harvia Oyj's (HEL:HARVIA) Share Price Indicate?

Harvia Oyj's (HEL:HARVIA) Dividend Will Be €0.34

Jul 22
Harvia Oyj's (HEL:HARVIA) Dividend Will Be €0.34

Harvia Oyj (HEL:HARVIA) Is Due To Pay A Dividend Of €0.34

Jun 19
Harvia Oyj (HEL:HARVIA) Is Due To Pay A Dividend Of €0.34

Harvia Oyj's (HEL:HARVIA) Dividend Will Be €0.34

Jun 05
Harvia Oyj's (HEL:HARVIA) Dividend Will Be €0.34

Harvia Oyj (HEL:HARVIA) Is Experiencing Growth In Returns On Capital

Jun 04
Harvia Oyj (HEL:HARVIA) Is Experiencing Growth In Returns On Capital

Harvia Oyj (HEL:HARVIA) Is Due To Pay A Dividend Of €0.34

May 22
Harvia Oyj (HEL:HARVIA) Is Due To Pay A Dividend Of €0.34

Harvia Oyj (HEL:HARVIA) Will Pay A Dividend Of €0.34

May 03
Harvia Oyj (HEL:HARVIA) Will Pay A Dividend Of €0.34

Harvia Oyj (HEL:HARVIA) Is Increasing Its Dividend To €0.34

Apr 14
Harvia Oyj (HEL:HARVIA) Is Increasing Its Dividend To €0.34

Subdued Growth No Barrier To Harvia Oyj (HEL:HARVIA) With Shares Advancing 27%

Mar 07
Subdued Growth No Barrier To Harvia Oyj (HEL:HARVIA) With Shares Advancing 27%

Harvia Oyj Just Beat EPS By 6.4%: Here's What Analysts Think Will Happen Next

Feb 12
Harvia Oyj Just Beat EPS By 6.4%: Here's What Analysts Think Will Happen Next

Estimating The Intrinsic Value Of Harvia Oyj (HEL:HARVIA)

Dec 20
Estimating The Intrinsic Value Of Harvia Oyj (HEL:HARVIA)

Harvia Oyj's (HEL:HARVIA) Upcoming Dividend Will Be Larger Than Last Year's

Oct 16
Harvia Oyj's (HEL:HARVIA) Upcoming Dividend Will Be Larger Than Last Year's

Harvia Oyj (HEL:HARVIA) Will Pay A Larger Dividend Than Last Year At €0.32

Sep 30
Harvia Oyj (HEL:HARVIA) Will Pay A Larger Dividend Than Last Year At €0.32

Harvia Oyj (HEL:HARVIA) Has Announced That It Will Be Increasing Its Dividend To €0.32

Sep 06
Harvia Oyj (HEL:HARVIA) Has Announced That It Will Be Increasing Its Dividend To €0.32

When Should You Buy Harvia Oyj (HEL:HARVIA)?

Sep 05
When Should You Buy Harvia Oyj (HEL:HARVIA)?

Harvia Oyj (HEL:HARVIA) Has Announced That It Will Be Increasing Its Dividend To €0.32

Aug 23
Harvia Oyj (HEL:HARVIA) Has Announced That It Will Be Increasing Its Dividend To €0.32

Harvia Oyj's (HEL:HARVIA) Dividend Will Be Increased To €0.32

Jul 29
Harvia Oyj's (HEL:HARVIA) Dividend Will Be Increased To €0.32

Harvia Oyj (HEL:HARVIA) Is Increasing Its Dividend To €0.32

Jun 06
Harvia Oyj (HEL:HARVIA) Is Increasing Its Dividend To €0.32

CEO

Matias Jarnefelt (50 yo)

1.9yrs

Tenure

Mr. Matias Jarnefelt serves as Chief Executive Officer at Harvia Oyj since June 1, 2023 and also its Chairman of the Management Board. He is Member of Management Board at Harvia Oyj since June 01, 2023. He...


Leadership Team

NamePositionTenureCompensationOwnership
Matias Jarnefelt
Chairman of the Management Board & CEO1.9yrsno datano data
Ari Vesterinen
CFO, Secretary & Member of Management Board11.3yrsno data0.80%
€ 7.2m
David Ahonen
Head of Region Asia-Pacific-MEA & Member of Management Board11.3yrsno data1.06%
€ 9.6m
Timo Harvia
Head of Innovation & Technology and Member of the Management Board11.3yrsno data1.1%
€ 9.8m
Anssi Pelkonen
Head of Northern Europe Region & Member of Management Board11.3yrsno data0.33%
€ 3.0m
Mika Suoja
Head of Operations & Member of Management Board9.3yrsno data0.20%
€ 1.8m
Paivi Juolahti
Head of Marketing & Brands and Member of Management Board4.9yrsno data0.013%
€ 119.1k
Markus Wormanseder
Head of Products and Solutions & Member of Management Board8.3yrsno datano data
Jennifer Thayer
Head of Region - North America & Member of Management Board1.3yrsno datano data
Philipp Krauth
MD of EOSless than a yearno datano data
Ivan Sabato
Head of Region & Continental Europe and Member of Management Boardless than a yearno datano data

8.3yrs

Average Tenure

50.5yo

Average Age

Experienced Management: HARVIA's management team is seasoned and experienced (8.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Olli Liitola
Independent Director11.2yrs€36.04k0.25%
€ 2.3m
Hille Korhonen
Independent Director4.1yrs€40.23k0.027%
€ 245.3k
Catharina Von Stackelberg-Hammaren
Independent Vice Chairman2.1yrs€35.49k0.0080%
€ 71.4k
Markus Lengauer
Independent Director2.1yrs€39.77kno data
Petri Castren
Directorless than a yearno datano data
Heiner Olbrich
Independent Chairman of Board3.1yrs€57.95k0.011%
€ 96.1k
Anders Holmen
Independent Director4.1yrs€36.11k0.0090%
€ 81.0k

3.1yrs

Average Tenure

59yo

Average Age

Experienced Board: HARVIA's board of directors are considered experienced (3.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/12 04:57
End of Day Share Price 2025/05/12 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Harvia Oyj is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mika KarppinenDanske Bank
Miika IhamakiDNB Markets
Mika KarppinenHandelsbanken Capital Markets