May 6 (Reuters) - Husqvarna AB HUSQb.ST:
HUSQVARNA GROUP INTENDS TO DISCONTINUE ITS NON-CORE STONE DIAMOND TOOLS BUSINESS
TO SHUT DOWN STONE DIAMOND TOOLS OPERATIONS IN BELGIUM, PORTUGAL, GREECE AND GLOBALLY
EXIT TO REDUCE NET SALES BY SEK 250 MILLION ANNUALLY, SLIGHTLY MARGIN-ACCRETIVE
FULL WITHDRAWAL EXPECTED TO BE COMPLETED BY END OF 2026
STONE DIAMOND TOOLS BUSINESS EMPLOYS ABOUT 200 PEOPLE
Source text: ID:nWkr1jtySh
Further company coverage: [HUSQb.ST]
(Gdansk Newsroom)
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