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During the long heat wave, Swedish agriculture was at the center of concern, which could cost him billions of dollars. But the heat has touched a wide range of companies in different sectors. For example, many home repairers received heat to implement conversion plans, which Byggmax reported in its quarterly report released Thursday.
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The heat and all the dry grasslands also printed Husqvarna's results. The company, which manufactures lawn mowers and chainsaws, had already made profits in September and had a loss of SEK 124 million for the third quarter of 2018. This, however, after a one-time 349 million SEK. This compares to a gain of SEK 433 million compared to the same period last year.
The turnover amounted to 8.042 million SEK, against 7.449 million SEK a year ago.
Did not weigh
The heat boosted the sales of the Gardena division, which sold irrigation products, but this was not enough to weigh the total losses. Husqvarna has never known such a big impact on the climate, according to CEO Kai Wärn.
If you do not cut the grass and do not use our products, you do not need any spare parts. In addition, we had a late spring in both the United States and Europe, so the inconvenience was generous, "he told TT.
However, not everything was due to the weather, says Kai Wärn.
We took fixed costs to generate growth and did not realize what we planned for our implementation of efficiency improvements.
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