There was no surprise about the poor figures in Q3 18 as Husqvarna warned on 18 September 2018 on the adverse weather conditions and the low demand for lawn care products and spare parts which affected the Husqvarna division, by far the largest division within the group. Management is now involved in huge restructurings in Consumer Brands with a full positive effect expected on the group’s operating margin and WCR in 2020.
19 Oct 2018
Impact of weather conditions and restructuring costs
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Impact of weather conditions and restructuring costs
Husqvarna AB Class B (HRZ:FRA) | 0 0 0.2% | Mkt Cap: 50,123m
- Published:
19 Oct 2018 -
Author:
Hélène Coumes -
Pages:
3
There was no surprise about the poor figures in Q3 18 as Husqvarna warned on 18 September 2018 on the adverse weather conditions and the low demand for lawn care products and spare parts which affected the Husqvarna division, by far the largest division within the group. Management is now involved in huge restructurings in Consumer Brands with a full positive effect expected on the group’s operating margin and WCR in 2020.