On this page you will find information related to Havator Group Oy’s bond, issued in January 2020.

Havator Group Oy EUR 29,000,000 bond issuance

Havator Group Oy has issued EUR 29,000,000 senior secured floating rate notes due 24 January 2024. The bond issuance was very well received with almost 30 investors participating and thus resulting in an orderbook that was over 2x covered.

Terms and Conditions of the Notes

Latest financial reporting

Q4 2021 report

Investor news

The fourth quarter of 2021 was operationally strong. Market sentiment continued strong, across all businesses. The Group’s investments in capacity started to pay off during the quarter as capacity started to arrive towards the end of the year. Read the full report here.

Christoffer Landtman, CEO of Havator Group Oy, has requested resignation from his position on personal grounds. The Board of Directors of Havator Group has appointed Hannu Leinonen, the Group’s former Chairman of the Board, as the Group’s new President and CEO as of 7th February 2022. Panu Routila will be appointed as the new Chairman of the Board of Havator Group. Read more from the press release.

The third quarter of 2021 was on historically high levels. Market sentiment continued strong, particularly in Finland. The Group’s investment in sales resources has also paid off in better market presence. Read the full report here.

The second quarter of 2021 was strong. Demand continued to develop well across all Group´s operations. Strong demand in the quarter and the full year of 2021 has been characterized by a need to procure excess capacity in the market, resulting in a somewhat lower relative profitability. Read the full report here.

The first quarter of 2021 was mixed. While the underlying market trend is positive and Sweden in particular exceeded expectations, Finland on the other hand had a clearly slower start of the year. Read the Q1 2021 report here.

Read the annual report 2020 here (in Finnish).

Read the Q4 & year-end report 2020 here.

The operating environment of Havator showed positive signs in the third quarter of 2020.
Particularly industrial customers showed stable demand whereas the new build construction
market showed considerable softening in the quarter. Read the Q3 2020 report here.

The second quarter of 2020 marked a softening market, driven by the uncertainty of the COVID-19 pandemic. Particularly industrial demand saw postponements resulting from the government restrictions put in place late March, early April. Despite tough market conditions, Havator concluded the second quarter with a relatively good
performance. Read the Q2 2020 report here.

In a market shadowed by the COVID-19 pandemic, Havator concluded the first quarter with a
good result. Read the Q1 2020 report here.

Havator concluded the fiscal year 2019 with a strong fourth quarter. Read the Q4 & year-end report 2019 report here. Read the annual report 2019 here (in Finnish).


For Investor Relations, please contact:

Havator in short

Havator is the leading provider of lifting, special transport and heavy haulage services in the Nordics.

Our goal is to be at the forefront of development, to be a leader in developing the safety and efficiency of everything we do, without forgetting the industry’s traditions.

We operate in over 30 locations in Finland, Sweden, Norway and Estonia, and employ some 450 professionals. The group turnover is 100 MEUR (2019).

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Press releases

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