Estimation of the Covid-19 impact on Husqvarna Group’s net sales for the first quarter 2020
Husqvarna Group estimates that the impact on net sales for the first quarter 2020 will be approximately 3 percent (with Q1 2019 as the reference*) due to supply chain disturbances related to the COVID-19 virus outbreak. The COVID-19 virus outbreak development has high attention within the Husqvarna Group and the company is doing the utmost to secure the health and safety of our employees and minimize any impact on the operations. All of the Group’s three production units in China have been up and running since mid-February, and are gradually increasing the capacity. Initiatives taken to