Interim report January - June 2016
Kai Wärn, President and CEO:“The positive development continued in the second quarter, despite lower demand for lawn and garden products in North America, which was affected by unfavorable weather. Group operating income increased with SEK 54m to SEK 1,729m (1,675), including a currency head-wind of close to SEK -170m for the quarter, and the corresponding margin improved to 15.0% (13.7) The higher result was driven by a positive product mix as well as a successful execution of efficiency improvements. Sales in the Husqvarna Division increased 3% adjusted for currency. Sales developed