Harvia Forum or Haarumi - International Growth and Well-being Megatrends

[quote="xlat, post:8365, topic:471"]\nPS. @Rauli_Juva, do you have a guess?\n[/quote]\n\nThe answer is, of course, that it depends a bit… but we’ve seen these before; both in Q2 and Q4 '25 growth in the US was weak. The share price reacted sharply downward to both results. In the case of Q2, there was perhaps some genuine doubt about whether growth was stalling, but the company’s explanations turned out to be valid and growth in Q3 was good again. Regarding Q4, it was known and the company even flagged in advance that strong comparison figures would weigh on growth, so the weakness wasn’t really reflected in the forecasts (I didn’t check the numbers, but based on my memory, this is how it went).\n\nAssuming the valuation is reasonably high, the share price will probably react negatively to these to some extent. The impact on forecasts largely depends on the situation and the explanations. Even though the company doesn’t provide guidance, it’s definitely worth listening to the company’s comments; at least up until now, they have held true very well.

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