Half-year Report 2007
7/24/2007 2:00 AM EST
• Net sales for the first half increased to SEK 21,262m (19,471) and income for the period to SEK 1,683m (1,343*), corresponding to SEK 4.36 (3.49*) per share.
• Net sales for the second quarter increased by 19% to SEK 12,048m and operating income by 38% to SEK 1,758m, earnings per share increased to SEK 2.77 (2.07*).
• Excluding acquisitions, net sales for the second quarter increased by 1% and operating income by 5%. Operating margin for Consumer Products improved from previous year.
• Strong performance for the recently acquired Gardena operation in its normally strongest quarter.
PRESENTATION AND TELEPHONE CONFERENCE
A telephone conference will be held at 14.00 CET on 24 July 2007.
To participate please dial:
+46 (0)8 5052 0114 (Sweden) or +44 (0)20 7162 0125 (UK).
A replay of the conference will be available at the Group’s website
www.husqvarna.com/ir.