In this Research Note, we examine Helvar Oy, the Finnish provider of lighting control and sensing solutions, one of four subsidiaries of Helvar Merca Oy, the ultimate parent company. This article highlights the firm’s main solutions, its latest financial results, company reorganization, and business outlook. This updates our previous analysis of the company from July last year. Helvar Profile Founded in 1921, Helvar Oy AB, a family-owned technology company, provides energy savings, improved wellbeing, and valuable insights for smart buildings through its lighting control (LC) and sensing solutions. Headquartered in Espoo, Finland, with regional offices in Sweden and the United Kingdom, and a network of over 85 partner companies, Helvar delivers solutions and services in select geographies, including the Nordics, UK, Central Europe, Eastern Europe, the Middle East, APAC, and others. Company Reorganization In January 2024, Helvar Oy reported that it was separating its businesses into two independent companies. Their current Lighting Intelligence business, specialising in […]