Helen’s year 2024
We began the execution of our new strategy by focusing on building carbon-neutral energy production and flexibility that supports it. We renewed our district heating products and invested in the clean transition of district heating. Our heating business returned to profitability after loss-making years. Our emissions decreased due to the reduced use of coal, and we prepared for the phasing out of coal in spring 2025.
THAT'S ENERGY.
Helen Group's Annual Review for the year 2024 has been published. The Annual Review consists of a business review, a sustainability report and financials.
Publications of 2024
Helen's year 2024 (pdf)
We launched a new strategy period that is based on the clean transition, flexibility, and profitability. Our first electric boilers began producing district heating, and we commissioned new wind and solar farms.
Sustainability Report (pdf)
Emissions arising from our energy production continued to decline as a result of reducing the use of coal. We replaced fossil heat production with solutions based on electricity and biomass.
Financials (pdf)
Our investments in a sustainable energy system grew significantly from the previous year. Our net sales decreased due to the decline in the market price of electricity, but our operating profit turned upward.