Husqvarna AB: Husqvarna Forest & Garden and Gardena With Positive Surprises in the Second Quarter!
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Husqvarna AB (i.) presented its report for the second quarter on July 18. Despite a slight decline in net revenue of 1% to SEK 15.277 billion (around $1.6 billion), driven by currency effects, organic sales increased by 5%. Operating profit significantly improved to SEK 2.063 billion, corresponding to an operating margin of 13.5%. The diluted EPS was increased from SEK 2.22 to SEK 2.76. This underscores the adaptability and strong demand for the Group's core products. In particular, the Husqvarna Forest & Garden and Gardena divisions contributed...
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