Husqvarna AB (HUSQb.ST)
14 Dec 2018
STOCKHOLM, Oct 19 Husqvarna, the world's biggest maker of lawn mowers, reported an operating profit of 225 million crowns ($24.9 million) on Friday, in line with a warning last month that its third quarter profit would halve.
STOCKHOLM Swedish outdoor tools group Husqvarna warned its third-quarter core operating profit would halve due to unfavourable weather, restructuring costs and rising trade tariffs.
STOCKHOLM, Sept 18 Swedish outdoor tools group Husqvarna warned its third-quarter core operating profit would halve due to unfavourable weather, restructuring costs and rising trade tariffs.
STOCKHOLM Gardening machinery group Husqvarna said on Tuesday it will restructure its struggling Consumer Brands division, which makes petrol lawnmowers and garden tractors, after it slumped to a loss in the second quarter on a weak retail market in the United States.
* CEO no longer expects to reach margin target this year (Adds CEO comment, share, detail, background)
STOCKHOLM, July 17 Husqvarna, the world's biggest maker of outdoor power tools such as lawn mowers and trimmers, posted on Tuesday an unexpected drop in operating profit for it's most important quarter as its Consumer Brands unit swung into a loss.