Husqvarna AB (FRA:HRZ)
€ 5.304 -0.106 (-1.96%) Market Cap: 3.11 Bil Enterprise Value: 4.00 Bil PE Ratio: 25.58 PB Ratio: 1.47 GF Score: 76/100
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Q3 2024 Husqvarna AB Earnings Call Transcript

Oct 23, 2024 / 08:00AM GMT
Release Date Price: €5.88 (+0.44%)
Claus Andresen

Hello, everyone and welcome to the presentation of Wh's group's report for the third quarter, 2024. My name is Claus Andersen responsible for military. We present the report and afterwards we will open up for a Q&A session. And as always, you can ask your questions over the telephone conference, or you can send them in via the web interface. So, with that, I open this presentation and leave the word over to you, Pavel.

Pavel Hajman
Husqvarna AB - Board member and CEO

Thank you, Calus. So, welcome everyone also from my side as well to today's call. And I'm very pleased that we are presenting a quarter with good growth in the strategically important areas of robotics and battery. Also, we deliver a very strong cash flow and reduced net debt. And this is despite the challenging market and cautious consumer spending, that is still very much impacting us as a group and to navigate the challenging market conditions, we have accelerated the previously communicated cost saving programs with good results. And today we have also announced further mitigating

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