Q2 16 figures. Sales reached SEK11,504m (-6%). Organic sales were down 4% due to the drop of the organic activity in the Consumer brands division (-24%). Conversely, the other divisions showed positive organic sales growth, respectively +3% for Husqvarna, an impressive +13% for Gardena, +4% for the Construction business.
15 Jul 2016
Good operating performance despite lower sales
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Good operating performance despite lower sales
Husqvarna AB Class B (HRZ:FRA) | 0 0 0.2% | Mkt Cap: 50,123m
- Published:
15 Jul 2016 -
Author:
Hélène Coumes -
Pages:
3
Q2 16 figures. Sales reached SEK11,504m (-6%). Organic sales were down 4% due to the drop of the organic activity in the Consumer brands division (-24%). Conversely, the other divisions showed positive organic sales growth, respectively +3% for Husqvarna, an impressive +13% for Gardena, +4% for the Construction business.