Cision Wire http://www.cisionwire.com Cision is the leading global provider of media research, distribution, monitoring and evaluation services. With over 40 locations throughout the world, Cision provides the insight, expertise and intelligence that improve performance and build reputations. Fri, 10 Feb 2012 12:18:39 GMT Cision Wire 120 32 http://www.cisionwire.com http://www.cisionwire.com/images/CisionLogoSmall.gif Interim report January - September 2011 http://www.cisionwire.com/husqvarna-ab/r/interim-report-january---september-2011,c9175717 cision407453 Hans Linnarson, Acting CEO and President:
”Husqvarna’s consumer business has been affected by the slowdown in the global consumer demand, the uncertain economic environment and the unfavorable weather. Operating income for the third quarter declined, mainly as a result of lower sales, unfavorable mix and higher costs.
We have maintained our market positions for forest and garden products both inEuropeandNorth America, despite the supply chain challenges inNorth America. In some categories, like ride-on and robotic mowers inEurope, we have significantly increased our market shares. Accumulated for the year up until September, sales for Europe & Asia/Pacific and Construction have increased whileAmericas’ decreased, adjusted for exchange rate effects.
Construction’s performance has been strong all year, resulting in increased operating income and strengthened market positions.
Pre-season production for 2012 has started earlier than last year in order to secure a high customer service level. The Group’s listings for forest and garden products are estimated to be unchanged versus 2011, however with an improved mix among the retailers, confirming the success of our efforts to supply market leading, innovative products with strong brands.”

]]> Thu, 20 Oct 2011 06:00:00 GMT Interim report January - June 2011 http://www.cisionwire.com/husqvarna-ab/r/interim-report-january---june-2011,c9145871 cision373721 Hans Linnarson, Acting CEO and President:
”For the second quarter, reported sales for the Group decreased eleven percent, but adjusted for exchange rates the decrease was one percent. For the first half-year sales adjusted for exchange rates increased by two percent. Industry demand decreased inNorth Americaand together with the supply chain challenges in the Orangeburg factory sales were affected negatively. The European market started strongly but slowed down towards the end of the second quarter. Adjusted sales for Europe & Asia/Pacific increased four percent for the second quarter, which was in line with the total market. For Construction the positive development continued and market shares increased.
The production disturbances continued to hamper the output from Orangeburg as well as resulting in higher costs. As a result of measures taken, the going cost rate directly related to the disturbances gradually decreased. In the first quarter, the costs were approximately SEK 150m, whereof the majority in March. The total amount for the second quarter was SEK 180m.
Our highest priority going forward is to secure deliveries to our customers for the 2012 season in a timely manner. Further measures will be taken within the Orangeburg factory which is expected to result in SEK 100 - 150m higher costs during the remainder of 2011. We are also planning to increase our pre-season production.
As production capacity and flexibility to guarantee the highest delivery performance will be prioritized, we will also review the pace of our ongoing restructuring projects. Savings from manufacturing footprint restructuring will therefore be delayed.
The Group’s operating income declined in the second quarter. Higher selling prices and a favorable mix were not able to offset negative currency effects, costs related to the production disturbances, higher input costs and marketing expenses.”

]]> Tue, 19 Jul 2011 06:00:00 GMT Interim Report January - March 2011 http://www.cisionwire.com/husqvarna-ab/r/interim-report-january---march-2011,c564247 cision310838 Magnus Yngen, President and CEO:
”The year started off with strong demand in the North American market and we have a strong product line-up to meet the growing demand. However, we have not been able to capitalize on this due to production disturbances in our largest plant in North America. The disturbances negatively affected shipments and increased costs significantly. Costs were approximately SEK 150m higher, whereof the majority in March. We are taking measures in order to resolve the situation and to minimize the impact for our customers but we will continue to have high costs throughout the season.

For the total Husqvarna Group, sales and operating income adjusted for exchange rate effects and items affecting comparability, increased by 6 and 7 percent respectively, compared to the first quarter previous year. The year started off with significantly higher order intake compared to last year. Europe & Asia/Pacific delivered strong results as a result of higher sell-in and a positive mix development. Construction continued its steady improvement in sales, earnings and margin. As a consequence of the disturbances, operating income for Americas was negative in the first quarter.”

]]> Tue, 19 Apr 2011 09:00:00 GMT Husqvarna’s Annual Report now on the Group’s web site http://www.cisionwire.com/husqvarna-ab/r/husqvarna-s-annual-report-now-on-the-group-s-web-site,c555197 cision304584  

]]> Thu, 17 Mar 2011 14:00:00 GMT Year-end report 2010 http://www.cisionwire.com/husqvarna-ab/r/year-end-report-2010,c549126 cision300543  

]]> Wed, 23 Feb 2011 13:00:00 GMT Interim report January - September 2010 http://www.cisionwire.com/husqvarna-ab/r/interim-report-january---september-2010,c520313 cision280006 ​Magnus Yngen, President and CEO:
”End-user demand continued to recover in most of our markets during the quarter. Sales as well as operating income for the Group as a whole increased. Europe & Asia/Pacific and Construction showed strong performances. Operating income for Americas was negative due to lower sales and increased costs. Despite a recovery in the market, our sales for Americas decreased due to the reduced listings of low-end lawn mowers with a major retailer in North America for the 2010 season.
Strong growth in sales to the dealer channel continued to be an important driver for the Group’s positive earnings development during the year, as were innovative new product launches. Our estimate is that we have gained market shares for lawn and garden products during the season in Europe.
In the fourth quarter, which is the smallest quarter of the year for the Group, we expect Group shipments to be slightly higher than in the fourth quarter of 2009.”

]]> Fri, 22 Oct 2010 06:00:00 GMT Interim report January - June 2010 http://www.cisionwire.com/husqvarna-ab/r/interim-report-january---june-2010,c504068 cision270101 ​

]]> Tue, 20 Jul 2010 06:00:00 GMT INTERIM REPORT JANUARY - MARCH 2010 http://www.cisionwire.com/husqvarna-ab/r/interim-report-january---march-2010,c486510 cision260069 Tue, 27 Apr 2010 10:00:00 GMT Year-end report 2009 http://www.cisionwire.com/husqvarna-ab/r/year-end-report-2009,c474056 cision252901 Wed, 24 Feb 2010 07:00:00 GMT Interim report January - September 2009 http://www.cisionwire.com/husqvarna-ab/r/interim-report-january---september-2009,c454290 cision242098 Fri, 23 Oct 2009 07:00:00 GMT