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Husqvarna AB (publ) (0GTR.IL)

IOB - IOB Delayed price. Currency in SEK
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91.66+2.10 (+2.34%)
As of 11:51AM GMT. Market open.
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Previous close89.56
Open91.10
Bid89.70 x 0
Ask93.54 x 0
Day's range91.08 - 91.88
52-week range67.70 - 104.25
Volume10,348
Avg. volume235,821
Market cap59.717B
Beta (5Y monthly)1.51
PE ratio (TTM)27.04
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield3.00 (4.09%)
Ex-dividend date05 Oct 2023
1y target estN/A
  • Reuters

    End of gardening season saps tool-maker Husqvarna

    (Reuters) -Garden tools-maker Husqvarna missed third quarter revenue expectations on Friday and announced another 300 job cuts, after people prioritising travel over time at home and a seasonal slowdown sapped demand across the sector. Husqvarna said a decline in the market worsened in the third quarter, which is typically slower as the gardening season ends in Europe and North America, where its sales are concentrated. "We are facing a continued challenging macroeconomic context and market uncertainty with delayed ordering and stock reductions," Chief Executive Officer Pavel Hajman said in an earnings statement.

  • Reuters

    Sweden's Husqvarna posts profit rise as costs, inventories ease

    (Reuters) -Husqvarna, the world's biggest maker of gardening power tools, on Tuesday posted an 11% rise in quarterly adjusted operating profit helped by price hikes and lower costs and made further progress trimming its inventory. The Swedish firm is attempting to reduce high inventory levels it purposely built up toward the end of 2021 to cope with uncertain component supply. "Given the continuing uncertain macroeconomic environment, our focus remains on further cost efficiency, improved cash flow and operational flexibility," CEO Pavel Hajman said in an earnings statement.