- Husqvarna’s total net sales for the third quarter reached SEK 9.74 billion, closely aligning with the estimated SEK 9.8 billion.
- Gardena’s net sales were slightly lower than expected at SEK 2.04 billion, compared to the estimate of SEK 2.12 billion.
- Net sales for Husqvarna Construction were SEK 1.83 billion, falling short of the estimated SEK 1.94 billion.
- Husqvarna Forest & Garden exceeded expectations with net sales of SEK 5.83 billion, surpassing the estimate of SEK 5.72 billion.
- Adjusted operating profit was significantly below expectations at SEK 53 million, against an estimate of SEK 460.9 million.
- The operating profit recorded was SEK 52 million.
- The company experienced a net loss of SEK 153 million in the third quarter.
- The gross margin was reported at 26%, lower than the estimated 28.3%.
- Organic revenue saw a decline of 4%.
- Investor sentiment included 7 buy recommendations, 4 hold recommendations, and 1 sell recommendation.
A look at Husqvarna AB Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 4 | |
Dividend | 4 | |
Growth | 3 | |
Resilience | 3 | |
Momentum | 2 | |
OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts evaluating the long-term outlook for Husqvarna AB have noted a positive overall assessment based on the Smartkarma Smart Scores. With a strong value and dividend score of 4 out of 5, the company is seen as offering good potential in terms of its financial metrics and distribution of profits to shareholders. This suggests a solid foundation for investors looking for stability and income.
While Husqvarna AB scores slightly lower in growth, resilience, and momentum factors, with scores of 3, 3, and 2 respectively, the company still demonstrates a decent performance in these areas. The company’s core focus on manufacturing outdoor maintenance and recreational products, including a diverse range of equipment like chain saws, trimmers, and lawn mowers, underlines its position in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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