Brief: Husqvarna Construction Unit Sales Decline

Husqvarna AB

24/04/2024 06:21

April 24 (Reuters) - Husqvarna AB  HUSQb.ST :
    * GARDENA DIVISION: DELIVERED IMPROVED OPERATING INCOME AND
HIGHER
OPERATING MARGIN FROM SALES GROWTH AND RESULT FROM OPERATIONAL
EFFICIENCY MEASURES
    * GARDENA DIVISION: IN ADDITION, GOOD PROGRESS IN NORTH
AMERICA
CONTRIBUTED TO AN IMPROVED OPERATING INCOME
    * FOREST & GARDEN: SALES OF ROBOTIC MOWERS FOR PROFESSIONAL
MARKET
AND BATTERY-POWERED PRODUCTS WERE STRONG, WHILE SALES OF
PETROL-POWERED WHEELED PRODUCTS CONTINUED ON A LOW LEVEL, PARTLY
DUE TO LOWER DEMAND AND FACT THAT WE ARE PROACTIVELY EXITING
PARTS OF THIS SEGMENT IN NORTH AMERICA
    * NET SALES IN CONSTRUCTION DIVISION DECLINED, WITH GROWTH
IN
EMERGING MARKETS, BUT LOWER SALES IN EUROPE AND NORTH AMERICA
    * GARDENA DIVISION ACHIEVED ORGANIC GROWTH, DRIVEN BY
WATERING
CATEGORY AND HAND TOOLS IN EUROPE

Source text for Eikon:  ID:nWkr80KY5 
Further company coverage:  HUSQb.ST 

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