Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Husqvarna 2Q Profit Increases
Jul 26, 2007
 Printable format
 Email this Article
 Search

Husqvarna AB, a Swedish maker of chainsaws and other outdoor tools, said that second-quarter profit rose 34% after recently acquired business began contributing to earnings.

Net income rose to 1.07 billion kronor (US$161 million; €117 million) in the second quarter from 797 million kronor in the same period last year, boosted by the acquisition of smaller rival Gardena and by internal growth at both its consumer and professional products businesses.

Sales rose 19% to 12.05 billion kronor ($1.8 billion; €1.3 billion).

Husqvarna said its operating profit was mainly boosted by its acquisition of Gardena late last year despite a one-time charge of 53 million kronor ($7.96 million; €5.77 million) related to the purchase.

Overall, Husqvarna's consumer products unit showed higher operating income and margin, even excluding the Gardena acquisition.

Back to Daily News

 

Daily News

...........................................................

Aug 21, 2014: Miele Annual Sales Up 2.2%

Aug 21, 2014: TTI Reports Record Sales

Aug 21, 2014: Stihl Annual Cycling Event Raises $539,000 So Far in 2014

Aug 21, 2014: Canadian Housing Starts Expected to Edge Down

Aug 21, 2014: Panasonic Releases 2014 Sustainability Report

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows