Purmo Group Oyj. Stock Analysis PURMO.HE

Purmo Group Plc provides sustainable indoor climate comfort solutions in Europe. The company is headquartered in Helsinki, Etela-Suomen and currently employs 2,769 full-time employees. The company went IPO on 2021-06-29. The firm offers full solutions and sustainable ways of heating and cooling homes to mitigate global warming. The firm provides complete heating and cooling solutions to residential and non-residential buildings, including underfloor heating and cooling systems, a broad range of radiators, heat pumps, flow control and hydronic distribution systems. Its business operations are run through two divisions. Radiators division manufactures two broader product categories: panel radiators comprising of horizontal and decorative panel radiators and vertical decorative radiators, and other radiators comprising of towel warmers, decorative tubular radiators and electric radiators. ICS division offers four product categories: radiant heating and cooling, air heating and cooling, water distribution systems and system components and controls.