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HUSQ B Husqvarna AB News Story

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Brief: Husqvarna Q3 EBIT Sek 141 Million

Oct 21 (Reuters) - Husqvarna AB HUSQb.ST:

Q3 EBIT SEK 141 MILLION

Q3 ADJUSTED EBIT SEK 140 MILLION

Q3 EBIT MARGIN 1.5%

Q3 ADJUSTED EPS SEK -0.02

Q3 SALES SEK 9,204 MILLION

Q3 EPS SEK -0.02

NET DEBT DECREASED TO SEK 9.9BN (12.8).

WE NOTED STRONG GROWTH IN PROFESSIONAL SEGMENT, INCLUDING ROBOTIC MOWERS,

NOTED GROWTH IN WATERING SEGMENT

DEMAND WAS SUBDUED FOR RESIDENTIAL HANDHELD, HAND TOOLS AND PETROL-POWERED WHEELED PRODUCTS, IN PARTICULAR IN NORTH AMERICA,

SALES IN RESIDENTIAL ROBOTIC MOWER SEGMENT DECREASED SLIGHTLY DUE TO LOWER SALES IN GARDENA.

Source text: ID:nWkr9hcKcL

Further company coverage: [HUSQb.ST]

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com;  +48 58 769 66 00;))

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