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Husqvarna Q4 net sales decreased 1%

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Christian Fernsby ▼ | February 4, 2020
Husqvarna fourth quarter 2019 net sales decreased 1% to SEK 6,408m (6,470), or decreased 5% if adjusted for changes in exchange rates.
Husqvarna   Operating income amounted to SEK -493m
Net sales decreased by 2% when adjusted for exit of Consumer Brands business and changes in exchange rates.

Topics: Husqvarna

Operating income amounted to SEK -493m (-1,104) including items affecting comparability related to the additional restructuring announced in November 2019 of SEK -183m (-822).

Excluding items affecting comparability the operating income amounted to SEK -310m (-282), which includes a net positive impact, from the sale of an asset and asset write downs, of approximately SEK 100m. Earnings per share after dilution amounted to SEK -0.67 (-1.61).