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HUSQ A — Husqvarna AB News Story

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Brief: Husqvarna Q2 EBIT SEK 1.6 Bln

BRIEF-Husqvarna Q2 EBIT SEK 1.6 Bln

- Husqvarna AB HUSQb.ST:

  • Q2 SALES SEK 14,383 MILLION VERSUS. IBES ESTIMATE SEK 14,594 MILLION

  • Q2 EBIT SEK 1,600 MILLION VERSUS. IBES ESTIMATE SEK 1,641 MILLION

  • Q2 EPS SEK 1.8

  • Q2 ADJUSTED EBIT SEK 1,950 MILLION

  • Q2 ORGANIC GROWTH -4%

  • Q2 ADJUSTED EPS SEK 2.27

  • Q2 EBIT MARGIN 11.1%

  • TARGETS SEK 3 BILLION IN SAVINGS BY END OF 2028

  • ONGOING GEOPOLITICAL UNCERTAINTY AND WEAK CONSUMER SENTIMENT CONTINUED TO WEIGH ON DEMAND

  • UNFAVORABLE WEATHER IN EUROPE DURING THE FIRST SIX WEEKS OF THE QUARTER FURTHER SLOWED SELL-OUT AND REPLENISHMENT

  • NORTH AMERICA CONTINUED ITS RECOVERY, DELIVERING SOLID GROWTH ACROSS MOST PRODUCT CATEGORIES

  • WHILE EXTERNAL HEADWINDS ARE EXPECTED TO PERSIST, WE REMAIN COMMITTED TO OUR TRANSFORMATION TOWARDS PROFITABLE GROWTH

Source text: ID:nWkr2fhRjd

Further company coverage: [HUSQb.ST]


(Gdansk Newsroom)

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