Husqvarna AB (FRA:HRZ)
€ 5.36 0.056 (1.06%) Market Cap: 3.03 Bil Enterprise Value: 3.92 Bil PE Ratio: 25.58 PB Ratio: 1.47 GF Score: 79/100

Q2 2024 Husqvarna AB Earnings Call Transcript

Jul 18, 2024 / 08:00AM GMT
Release Date Price: €7.08 (-9.21%)
Johan Andersson Husqvarna Group;VP
IR

Hello, everyone, and welcome to the presentation of Husqvarna Group's financial report for the second-quarter of 2024. My name is Johan Andersson, responsible for Investor Relations and will be the moderator here today.

Here in Stockholm, we have our CEO, Pavel Hajman; and our CFO, Terry Burke that will present the report. And afterwards we will conclude with a Q&A session. And you you can ask your questions over the telephone conference or you can send in your questions via the web interface. So warm welcome.

And with that, I leave over to you, Pavel.

Pavel Hajman
Husqvarna Group - CEO

Thank you, Johan. And of course, also a warm welcome from my side, and let me begin by highlighting the key points of the quarter.

So the quarter started off well from a selling perspective following the gradual improvement that we saw in the first quarter. However, the weak macroeconomic climate with cautious consumer spending and also cautiousness among our channel partners gradually

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