Almanakka has written about Harvia once again 
Valuation: Harvia is valued at ~16x the next 12-month forward EBIT. In my opinion, this is closer to a buying level than a trimming level. If Harvia weren’t already the largest holding in my portfolio, I would certainly be adding at prices below forty euros. The stock isn’t dirt cheap even now, but for a high-quality company that I believe will grow structurally for a long time to come, this is not a bad price.
Some value must also be given to Järnefelt, who has at least convinced me. However, it should be noted that things also looked good at Harvia’s helm under Tapio Pajuharju, who suffered a complete crash at Kamux. A good enough company can be led even by a ham sandwich, but on the other hand, when leading a poor enough company, even a good management’s polished image starts to tarnish easily. This is loosely quoting W. E. Buffett.