Q3 17 was below expectations. The main disappointment was sales with total growth of +1% and +4% excluding the currency effects and including a scope effect in the Construction division. Restated to before the change in perimeter, organic growth is estimated at c.+2%, below our expectation (+5%E). Q3 17 figures: - Sales reached SEK7,449m (+1%, +4% at constant currency). Restated to before the change in perimeter (Pullman Ermator and HTC in the Construction division), organic sales are estimat
20 Oct 2017
Disappointing Q3 17, good growth on a rolling 12m period
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Disappointing Q3 17, good growth on a rolling 12m period
Husqvarna AB Class B (HRZ:FRA) | 0 0 0.2% | Mkt Cap: 50,123m
- Published:
20 Oct 2017 -
Author:
Hélène Coumes -
Pages:
3
Q3 17 was below expectations. The main disappointment was sales with total growth of +1% and +4% excluding the currency effects and including a scope effect in the Construction division. Restated to before the change in perimeter, organic growth is estimated at c.+2%, below our expectation (+5%E). Q3 17 figures: - Sales reached SEK7,449m (+1%, +4% at constant currency). Restated to before the change in perimeter (Pullman Ermator and HTC in the Construction division), organic sales are estimat