Q1 17 was a strong quarter with strong volumes, a favourable product mix and a positive currency effect. Sales (+12% and +7% at constant currency) and operating income (+22%) were above the consensus. Q1 17 figures. Sales reached SEK12,746m (+12%, +7% excluding the currency effects, including the integration of Pullman Ermator in the Construction division). Organic sales growth is estimated to be c.6%. All the divisions except for Consumer Brands (-4%) had strong organic sales growth (+11% fo
21 Apr 2017
Strong start to 2017
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Strong start to 2017
Husqvarna AB Class B (HRZ:FRA) | 0 0 0.2% | Mkt Cap: 50,123m
- Published:
21 Apr 2017 -
Author:
Hélène Coumes -
Pages:
3
Q1 17 was a strong quarter with strong volumes, a favourable product mix and a positive currency effect. Sales (+12% and +7% at constant currency) and operating income (+22%) were above the consensus. Q1 17 figures. Sales reached SEK12,746m (+12%, +7% excluding the currency effects, including the integration of Pullman Ermator in the Construction division). Organic sales growth is estimated to be c.6%. All the divisions except for Consumer Brands (-4%) had strong organic sales growth (+11% fo