The price increases to wait for the summer heat shock

"The third quarter was characterized the persistent hot and dry climate in central and northern Europe had a dampening effect on the demand for lawn mowing products and services, while the demand for irrigation products was affected. "Result in the last interim report of the Husqvarna group.

Group operating profit (excluding items affecting comparability, with restructuring costs reduced to 225 million kronor compared with 433 million euro.

Net sales reached 8,042 million euros, which corresponds to a 1% increase adjusted for exchange rates.

After several years of strong finotAffordable improvements, 2018 will rule out this trend, writes the company in a press release.

In order to improve the results of next year, it is important to implement price increases, restore the balance between efficiency programs and cost-effective growth initiatives and initiatives. to make savings on the restructuring of the Consumer Brands division, according to Husqvarna Group.

"The successful implementation of these factors is the reason for achieving the 10% operating margin target for 2019," according to the press release.

Kai Wärn, President and Chief Executive Officer of Husqvarna Group
Photo: Photographer Mats Lundqvist