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.
Husqvarna affirms profit targets
Most Recent
Most Read
Hardlines Conference goes west in 2023
Thu, June 30th, 2022
Spectrum Brands sales team sees transitions
Thu, June 30th, 2022
Napoleon CFO promoted to president
Thu, June 30th, 2022
Quebec hardware stores spared inventory glut
Thu, June 30th, 2022
TIMBER MART welcomes B.C. member
Wed, June 29th, 2022
Experts forecast summer drop in lumber prices
Wed, June 29th, 2022
Inflation, housing prices squeeze renovations
Tue, June 28th, 2022
spoga+gafa attendance rebounds
Tue, June 28th, 2022
Featured Classified: Kidde Canada
Tue, June 28th, 2022
Intertape Polymer cleared to go private
Mon, June 27th, 2022