Husqvarna affirms profit targets

STOCKHOLM — Husqvarna is holding to its profitability goals in spite of anticipated challenges from a stronger U.S. dollar, CEO Kai Warn told the business daily Dagens Industri. Husqvarna is aiming to raise its operating margin to 10% in 2016, about double what it was in 2013. Warn said that an operating margin of 5% in 2018 was reasonable for the consumer brands division, which saw a margin of -0.3% in this year’s first quarter.

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