Harju Elekter Group financial results, 1-9/2025

Harju Elekter Group's third quarter result was strong, as is typical for the peak season. We can be very satisfied with the record operating profit, which exceeded the 10 million euros for the first time. The Estonian production unit achieved strong results, but the Group’s other subsidiaries are also moving in the right direction, considering the current difficult economic situation. Operating profitability has shown strong improvement – we have reached 8.7% for the quarter and 8.0% for the nine-month period. These results reflect the impact of changes made in recent years to the Group’s strategy and structure and confirm that we are moving step by step towards our set goals. At the same time, there is still a considerable way to go before the first important goal, 10% profitability, is achieved, which requires continued focus and purposeful action.