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AS Harju Elekter (HAE1T.TL)

4.6300

0.0000

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At close: 3:59:39 PM GMT+3

Subsidiary of Harju Elekter Group disposes its holding in Finnish electric car charging software company

Harju Elekter OY, a subsidiary of AS Harju Elekter Group signed a contract to dispose its 9,15% holding in IGL-Technologies Oy, a leading Finnish developer of parking and e-mobility solutions and operator of parking and charging systems. The sale of the holding is in line with Harju Elekter’s strategy to focus more on product development and innovation, including the development of its next-generation charger series. The role of Harju Elekter in the partnership has been the development, producti

GlobeNewswire 16 days ago

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CORRECTION: Harju Elekter Group's audited Annual Report 2024

In the published notice, the year has been corrected (correct 2024). AS Harju Elekter Group presents its consolidated audited Annual Report for 2024 prepared by the Management Board and approved by the Supervisory Board. Compared to the unaudited interim report published on 20 February 2025, there are no differences in the audited financial results. The consolidated audited revenue for the year 2024 was 174.7 million euros, the operating profit was 6.4 million euros and net profit 3.2 million eu

GlobeNewswire 27 days ago

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Invitation to the Annual General Meeting of shareholders of AS Harju Elekter Group, its agenda, and proposals

The Management Board of AS Harju Elekter Group (registry code 10029524, registry address Paldiski mnt 31/2, Keila) convenes the Annual General Meeting of shareholders. The General Meeting will take place on 24 April 2025 at 10:00 a.m. at venue of Nordic Hotel Forum (Capella hall), address Viru väljak 3, Tallinn. Registration of meeting participants will start on 24 April 2025 at 09:00 a.m. The list of shareholders entitled to vote at the meeting is fixed seven days before the General Meeting, i.

GlobeNewswire 27 days ago

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Harju Elekter Group financial results, 1-12/2024

The fourth-quarter results of Harju Elekter continued to be affected by low order volumes. Although the decline in orders could be foreseen as early as the spring of 2024, it had a larger-than-expected impact on fourth-quarter revenue, which declined significantly. The decline in revenue presented a challenge in terms of covering overhead costs and maintaining profitability. However, further reductions in overhead costs, in particular staff costs, would have affected competence and limited oppor

GlobeNewswire 2 months ago

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Harju Elekter to conclude a new agreement for the supply of substations in Sweden

On 19 December 2024, Harju Elekter Group’s Swedish subsidiary Harju Elekter AB signed a new 3- year framework agreement with the largest Swedish distribution network company E.ON Energidistribution AB with the term of 31.12.2027, according to which approximately 2000 substations will be delivered. The total volume of the agreement is nearly 15 million euros. The substations will be produced in the factory of Harju Elekter in Estonia. E.ON Energidistribution AB is the largest electricity distribu

GlobeNewswire 4 months ago

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Changes in the Management Board of AS Harju Elekter Group

The Supervisory Board of AS Harju Elekter Group decided, in line with the approval of the Group’s new development strategy, to recall all current members of the Management Board – Tiit Atso, Priit Treial and Aron Kuhi-Thalfeldt – on 31/12/2024. The recall is linked to the strategic decision to expand the Management Board to five members and to allow members to start the new period on an equal term. As of 1 January 2025, the Management Board of AS Harju Elekter Group, with a term of office of thr

GlobeNewswire 4 months ago

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AS Harju Elekter Group changes the location of the head office

AS Harju Elekter Group changes the location of the head office From today, the head office of AS Harju Elekter Group is located in Tallinn. In relation to that, from 18 November 2024, the address of AS Harju Elekter Group is Tammsaare road 56, 3rd floor, 11316 Tallinn. In order to change the legal address in the business register, the articles of association of AS Harju Elekter Group must be changed, which will be submitted to the shareholders for approval at the regular general meeting in the s

GlobeNewswire 5 months ago

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Harju Elekter Group financial results, 1-9/2024

Harju Elekter Group financial results, 1-9/2024 Third quarter results for Harju Elekter were in line with expectations. The decline in the volume of orders, which started in the spring, had a significant impact on revenues, which fell by almost a third during the reporting quarter. In order to maintain strong profitability, the Group’s companies used several cost-saving measures, an important part of which was the adjustment of the number of employees in line with the business volumes. During th

GlobeNewswire 5 months ago

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Correction: Harju Elekter Group financial results, 1-6/2024

Correction: Harju Elekter Group financial results, 1-6/2024 In today's stock exchange announcement and financial report (page 7), in the table reflecting the main indicators, there was an error in the column of the change in operating profit and net profit. The Group’s results for the second quarter of 2024 were strong, as predicted. After a weak start to the year, we achieved historically high operating profit in the second quarter. The correct direction of the Group is also validated by the 7.

GlobeNewswire 8 months ago

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Harju Elekter Group financial results, 1-6/2024

Harju Elekter Group financial results, 1-6/2024 The Group’s results for the second quarter of 2024 were strong, as predicted. After a weak start to the year, we achieved historically high operating profit in the second quarter. The correct direction of the Group is also validated by the 7.8% operating profit margin, which gives us the opportunity to increase profitability to the desired level, promote business in a sustainable manner, and distribute profits to owners in the future. The largest c

GlobeNewswire 8 months ago

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Decisions of Annual General Meeting of AS Harju Elekter Group

The Annual General Meeting of Shareholders of AS Harju Elekter Group was held on 26 April 2024 starting at 14 p.m., at the Swissotel Tallinn, Tornimäe 3. The AGM was attended by 60 shareholders and their authorised representatives who represented a total of 11,324,722 votes accounting for 61.22% of the total votes. The decisions of the General Meeting were as follows:1. Approval to AS Harju Elekter Group annual report of 2023 Approve the 2023 Annual Report prepared by the Management Board and ap

GlobeNewswire 11 months ago

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Harju Elekter Group financial results, 1-3/2024

Commentary from the management Harju Elekter’s 2024 began with more modest results than in the year before. In the longer term, however, it was still a strong first quarter. Despite our efforts to minimise seasonality, the Q1 and Q4 results tend to be weaker than the Q2 and Q3 results. In this year as well, the significant increase in production volumes started in March, and based on orders is expected to continue until the end of autumn. The biggest contribution to the financial results origina

GlobeNewswire 11 months ago

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Performance Overview

Return	HAE1T.TL	MSCI WORLD (^990100-USD-STRD)
YTD	+1.20%	-4.95%
1-Year	-0.09%	+7.70%
3-Year	-31.73%	+22.63%

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AS Harju Elekter (HAE1T.TL)

Subsidiary of Harju Elekter Group disposes its holding in Finnish electric car charging software company

CORRECTION: Harju Elekter Group's audited Annual Report 2024

Invitation to the Annual General Meeting of shareholders of AS Harju Elekter Group, its agenda, and proposals

Harju Elekter Group financial results, 1-12/2024

Harju Elekter to conclude a new agreement for the supply of substations in Sweden

Changes in the Management Board of AS Harju Elekter Group

AS Harju Elekter Group changes the location of the head office

Harju Elekter Group financial results, 1-9/2024

Correction: Harju Elekter Group financial results, 1-6/2024

Harju Elekter Group financial results, 1-6/2024

Decisions of Annual General Meeting of AS Harju Elekter Group

Harju Elekter Group financial results, 1-3/2024

Performance Overview