+Q4 15 figures+ Sales reached SEK5,672m (+7%, +2% organically). Organic sales growth was driven by all divisions (Husqvarna, Gardena, Construction: all +6%) except for the Consumer Brands division (-10%). The operating loss was SEK365m (vs SEK-1,032m including a goodwill impairment loss of SEK767m in Q4 14). It included additional restructuring charges of SEK153m and a negative currency impact of SEK45m. Excluding the restructuring costs, the operating loss was reduced to SEK212m (vs SEK-265m
08 Feb 2016
Satisfactory Q4 15, challenging Q1 16 in perspective
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Satisfactory Q4 15, challenging Q1 16 in perspective
Husqvarna AB Class B (HRZ:FRA) | 0 0 0.2% | Mkt Cap: 50,123m
- Published:
08 Feb 2016 -
Author:
Hélène Coumes -
Pages:
3
+Q4 15 figures+ Sales reached SEK5,672m (+7%, +2% organically). Organic sales growth was driven by all divisions (Husqvarna, Gardena, Construction: all +6%) except for the Consumer Brands division (-10%). The operating loss was SEK365m (vs SEK-1,032m including a goodwill impairment loss of SEK767m in Q4 14). It included additional restructuring charges of SEK153m and a negative currency impact of SEK45m. Excluding the restructuring costs, the operating loss was reduced to SEK212m (vs SEK-265m