Q4 is traditionally a weak and loss-making quarter. Q4 16 was satisfactory as the operating loss was reduced to SEK-108m or SEK-133m restated from a positive pension-related income (vs SEK-212m excluding restructuring charges in Q4 15). It included a positive currency effect (SEK10m). Q4 16 figures: Net sales reached SEK5,768m (+2%). Organic sales decreased by 3% due to all divisions (Husqvarna and Consumer Brands: -5%, Gardena: -1%) except for the Construction activity (+5%). The reduction i
10 Feb 2017
Consumer Brands at break-even in 2016
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Consumer Brands at break-even in 2016
Husqvarna AB Class B (HRZ:FRA) | 0 0 0.2% | Mkt Cap: 50,123m
- Published:
10 Feb 2017 -
Author:
Hélène Coumes -
Pages:
3
Q4 is traditionally a weak and loss-making quarter. Q4 16 was satisfactory as the operating loss was reduced to SEK-108m or SEK-133m restated from a positive pension-related income (vs SEK-212m excluding restructuring charges in Q4 15). It included a positive currency effect (SEK10m). Q4 16 figures: Net sales reached SEK5,768m (+2%). Organic sales decreased by 3% due to all divisions (Husqvarna and Consumer Brands: -5%, Gardena: -1%) except for the Construction activity (+5%). The reduction i