Q2 15 earnings: Sales surged to SEK12.3bn (+11%) due to a significant currency effect. Organic sales were down 1% due to the drop of organic sales in the Consumer brands division (-12%). Conversely, the Husqvarna and Gardena brands performed well with organic sales up +4% and +3% respectively, and the Construction business also posted strong organic sales growth (+9%). The gross margin increased to 31.1% of sales (+0.1pt). The group has been in a positive quarterly trend yoy from the beginnin
17 Jul 2015
A challenge in front of Husqvarna in the short-term
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A challenge in front of Husqvarna in the short-term
Husqvarna AB Class B (HRZ:FRA) | 0 0 0.2% | Mkt Cap: 50,123m
- Published:
17 Jul 2015 -
Author:
Hélène Coumes -
Pages:
3
Q2 15 earnings: Sales surged to SEK12.3bn (+11%) due to a significant currency effect. Organic sales were down 1% due to the drop of organic sales in the Consumer brands division (-12%). Conversely, the Husqvarna and Gardena brands performed well with organic sales up +4% and +3% respectively, and the Construction business also posted strong organic sales growth (+9%). The gross margin increased to 31.1% of sales (+0.1pt). The group has been in a positive quarterly trend yoy from the beginnin