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Fourth quarter 2020
Net sales increased by 4% to SEK 6,683m (6,408), or by 13% when adjusted for changes in exchange rates. (Exits of Consumer Brands business were completed in Q3).
Operating income was SEK -944m (-493). Excluding items affecting comparability, operating income amounted to SEK -129m (-310).
Items affecting comparability amounted to SEK -815m (-183) and relate to the supply chain efficiency measures announced in Q3 2020, see page 4 and 16.
Earnings per share after dilution amounted to SEK -1.26 (-0.67).
The Construction Division acquired Blastrac, a leading provider of complementing surface preparation technologies.
The Husqvarna Division announced CEORA, an autonomous professional turf care solution for grass areas up to 50 000m
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Fri December 18, 2020 - National Edition
Husqvarna
Husqvarna Construction is acquiring Blastrac, a provider of surface preparation technologies and equipment for the global construction and remediation industry. (Blastrac photo)
Husqvarna Group s construction division has signed an agreement to acquire
Blastrac, a provider of surface preparation technologies for the global construction and remediation industry. The acquisition of Blastrac strengthens and complements our organic growth ambitions, as we are further expanding into complementary surface preparation solutions. This will enable us to provide customers with a complete range of solutions for any given surface preparation task, said Henric Andersson, president and CEO, Husqvarna Group.
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Husqvarna Group announces acquisition of Blastrac, consolidation of brand portfolio
In addition to Husqvarna’s acquisition of Blastrac, the company will integrate its HTC products, services and solutions into the global Husqvarna offering.
Husqvarna Group, Sweden, announced its Construction Division has signed an agreement to acquire Blastrac, a leading provider of surface preparation technologies for the global construction and remediation industry.
“The acquisition of Blastrac strengthens and complements our organic growth ambitions, as we are further expanding into complementary surface preparation solutions. This will enable us to provide customers with a complete range of solutions for any given surface preparation task,” said Henric Andersson, president and CEO of Husqvarna Group.
Sweden
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America
Karin-falk
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Husqvarna-construction-division
Husqvarna-group
Construction-division
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