|Bid||61.44 x 0|
|Ask||61.56 x 0|
|Day's range||60.74 - 62.36|
|52-week range||60.74 - 145.85|
|Beta (5Y monthly)||1.22|
|PE ratio (TTM)||9.18|
|Forward dividend & yield||3.00 (4.88%)|
|Ex-dividend date||10 Oct 2022|
|1y target est||105.17|
STOCKHOLM (Reuters) -Husqvarna, the world's biggest maker of gardening power equipment, is raising prices further this month in the face of rising supply and energy costs, it said on Thursday, after first-quarter profits fell slightly less than expected. The Swedish group, whose products range from ride-on and robotic lawn mowers to irrigation systems and chainsaws, said operating profit fell despite strong demand to 2.16 billion crowns ($228.9 million) from 2.29 billion a year earlier. "Cost increases for raw materials, energy and transportation are expected to continue and therefore further price increases are being implemented," the company said.
STOCKHOLM (Reuters) -Husqvarna, the world's biggest maker of power gardening tools, has raised its overall financial targets and growth ambitions for robotic lawn mowers and other battery-powered products. The Swedish group, whose products range from trimmers and chainsaws to garden tractors and irrigation systems, and which has benefited from the stay-at-home trend caused by the pandemic, said late Tuesday it now targets annual organic sales growth of 5% and an operating margin of 13%.