Husqvarna had a honourable Q1 22 despite constraints in the supply chain that impacted the sales of robotic lawn mowers and the very high comparative last year. The decrease in organic sales (-2%) came from the Husqvarna Forest & Garden division (-7%) while Gardena and the Construction divisions performed well (respectively +5% and +10%). The operating margin decreased to 14% of sales (-2.3pts) due to lower volume and the unfavourable product mix. Price increases offset higher raw material and l ....

21 Apr 2022
Honourable Q1 22 but supply chain constraints remain

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Honourable Q1 22 but supply chain constraints remain
- Published:
21 Apr 2022 -
Author:
Hélène Coumes -
Pages:
3 -
Husqvarna had a honourable Q1 22 despite constraints in the supply chain that impacted the sales of robotic lawn mowers and the very high comparative last year. The decrease in organic sales (-2%) came from the Husqvarna Forest & Garden division (-7%) while Gardena and the Construction divisions performed well (respectively +5% and +10%). The operating margin decreased to 14% of sales (-2.3pts) due to lower volume and the unfavourable product mix. Price increases offset higher raw material and l ....