Harju Elekter sells EUR 5.7 million Skeleton stake: what it means for Harju Elekter stock

Published on 10/18/2026 at 13:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Harju Elekter may exit Skeleton fully in 2028 after investing in 2015. For Harju Elekter stock, 2026 revenue stood at EUR 77.2 million.

Capital allocation and reporting date

Harju Elekter agreed to a EUR 5.7 million Skeleton stake sale on October 14, 2026.
The company described 2026 revenue of EUR 77.2 million in the October 14, 2026 release.
Harju Elekter is scheduled to publish its nine-month report on October 22, 2026.

Harju Elekter, EE3100004250, Illustration mit AI erstellt.

Harju Elekter agreed to sell part of its Skeleton Technologies holding for EUR 5.7 million on October 14, 2026, according to GlobeNewswire. The transaction gives the industrial group a concrete capital-allocation event ahead of its next financial update.

Why the EUR 5.7 million matters

Harju Elekter first invested in Skeleton in 2015. The October 14 release says the partial disposal will recover the initial investment with a moderate return, strengthen financial flexibility and support future investment, growth and dividend-paying capacity.

What does the deal mean for cash?

The transaction value equals a direct EUR 5.7 million inflow once completed during 2026. Harju Elekter will remain a Skeleton shareholder and said it could fully exit the investment during 2028, subject to suitable opportunities and conditions, keeping a potential future portfolio decision in view.

Revenue sets the operating baseline

The same October 14 company release described 2026 revenue of EUR 77.2 million and a workforce of 840 people across Estonia, Finland, Sweden and Lithuania. That operating scale gives the stake sale a defined context: the announced proceeds equal 7.38 percent of the stated revenue, calculated from the two figures in the release.

When is the next report due?

Harju Elekter is scheduled to publish its nine-month 2026 report on October 22, 2026, according to Nasdaq Baltic. That release is the next dated checkpoint for revenue, profitability and the effect of the portfolio transaction.

Listed status remains clear

The Nasdaq Baltic security page dated October 12, 2026 identifies Harju Elekter Group under ticker HAE1T and ISIN EE3100004250 on the Baltic Main List, with 18,579,770 listed securities, according to Nasdaq Baltic. The listing provides the market framework for the October 14 corporate announcement and the October 22 reporting date.

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