|Bid||87.80 x 0|
|Ask||88.20 x 0|
|Day's Range||87.00 - 88.60|
|52 Week Range||39.00 - 88.60|
|Beta (5Y Monthly)||1.31|
|PE Ratio (TTM)||20.64|
|Forward Dividend & Yield||1.50 (1.72%)|
|Ex-Dividend Date||Oct 05, 2020|
|1y Target Est||N/A|
Henric Andersson, President & CEO:"We have delivered a very good quarter. After a challenging start, given the Covid-19 situation, demand accelerated quickly as markets gradually reopened and consumers showed a high interest in lawn and garden products. We improved our operating margin to 16.3% (15.4) in the quarter driven by temporary cost avoidance activities and a favorable product mix.
Husqvarna Group has had a stronger Net Sales development for the second quarter of 2020 than advised in the press release published on June 8, 2020. Net Sales are now estimated to be SEK 13,500m (13,789), a decrease of around 2% versus prior year, or an increase of around 3% when adjusted for exited business. Operating income is estimated to be SEK 2,190m (2,125) for the second quarter.
The AGM of Husqvarna AB (publ) was held on June 26, 2020