Interim Report January - March 2011

Press release

  • Net sales amounted to SEK 8,774m (9,082) and operating income to SEK 662m (778). Income for the period amounted to SEK 484m (535), or SEK 0.84 (0.92) per share.
  • Changes in exchange rates had a negative effect on operating income of approximately SEK -171m.
  • Net sales and operating income for the Group, adjusted for exchange rate effects and items affecting comparability, increased by 6% and 7% respectively.
  • Net sales and operating income for Americas was negatively affected by production disturbances.
  • Higher volumes and a positive mix contributed to improved sales and operating income for Europe & Asia/Pacific.
  • Construction was charged with costs amounting to SEK 40m relating to the closure of a production facility in Spain.

Telephone Conference

A combined press and telephone conference will be held at the Anglais Hotel in Stockholm at 13:00 CET on April 19, 2011. To participate by telephone, please call +46 (0)8 5052 0110 or +44 (0) 20 7162 0077 ten minutes prior to the start of the conference. The conference call will also be audio cast live. To participate in the audio cast, log on to www.husqvarna.com/ir. A replay of the telephone conference will be available at www.husqvarna.com/ir