Dometic shares on track for worst day ever after dividend proposal withdrawal

Husqvarna AB

12/03/2026 16:00

** Shares in Dometic DOMETIC.ST slump around 23% after the Swedish maker of mobile-living equipment said it would withdraw its dividend proposal of SEK 1.00 per share communicated in January

** The company proposes no dividend for 2025, saying it sees signs of demand and trading conditions turning somewhat weaker than anticipated

** "Recent geopolitical developments have increased economic uncertainty and volatility, which may have a negative impact on consumer sentiment and the demand for Dometic's products," it said

** The group added it would consider convening an extraordinary shareholders' meeting later in the year to reinstate all or part of the previously proposed dividend

** If losses hold, Dometic shares are on track for their  worst day ever

** Shares in peer Thule THULE.ST are down about 6% in afternoon trade

** Swedish home appliances maker Electrolux ELUXb.ST and garden equipment maker Husqvarna HUSQb.ST fall 5% and 4%, respectively

 (Reporting by Elviira Luoma)

 ((Elviira.luoma@thomsonreuters.com))