Harju Elekter Group financial results, 1-6/2026
The Group’s results for the second quarter and the first half of 2026 remained significantly below target in terms of both revenue and profitability. Whereas the previous year was characterised by strong profitability supported by efficient operations and the timely execution of major projects, sales volumes during the current year developed below expectations and part of the anticipated revenue has been deferred to future periods. In addition to lower sales volumes, profitability was affected b
The Group’s results for the second quarter and the first half of 2026 remained significantly below target in terms of both revenue and profitability. Whereas the previous year was characterised by strong profitability supported by efficient operations and the timely execution of major projects, sales volumes during the current year developed below expectations and part of the anticipated revenue has been deferred to future periods. In addition to lower sales volumes, profitability was affected by a higher cost base resulting from investments in strengthening sales capabilities, expanding production capacity and further developing the organisation.
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