Brief: Husqvarna Expects Cost Reductions To Impact 400 Jobs

Husqvarna AB

23/10/2024 06:06

Oct 23 (Reuters) - Husqvarna AB  HUSQb.ST :
    * MEASURES EXPECTED TO SAVE SEK 500M PER YEAR, IMPACT 400
POSITIONS
    * GROUP INITIATES FURTHER COST REDUCTIONS AND PROFITABILITY
INITIATIVES
    * NON-RECURRING COSTS ESTIMATED AT SEK 600M TO BE RECOGNIZED
IN Q4
    * MAJORITY OF COST SAVINGS TO BE REALIZED IN 2025
    * THE NON-RECURRING COSTS ASSOCIATED WITH THE NEW MEASURES
ARE
ESTIMATED TO SEK 600M AND WILL BE RECOGNIZED IN THE FOURTH
QUARTER

Source text for Eikon:  ID:nWkr82wqzF 
Further company coverage:  HUSQb.ST 

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