Q4 2023 Harvia Oyj Earnings Call Transcript
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Hello, everyone, and welcome to Harvia's January to December 2023 earnings webcast. My name is Matias Järnefelt, I'm the CEO of Harvia, and with me, I have Ari Vesterinen, he is the Chief Financial Officer of Harvia.
Hello.
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I will first cover the key developments during the year, focusing mostly on quarter-four. Then Ari will be covering the numbers in more detail. And after the presentation, we will be happy to take your questions.
Let me first summarize the developments, especially during the quarter four. In quarter four, we returned back to growth after six consecutive quarters of sales decline. Our revenue increased by 3.4%. We still had some impact from our exit from Russian market during 2023, 2022 and organic growth was 5.2%.
This return to growth was driven very much by excellent performance in North America that has continued and also
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