Husqvarna (HSQVY.PK) announced a decline in its second-quarter earnings compared to the same period last year.
The company's net income stood at SEK 1.273 billion, or SEK 2.22 per share, down from SEK 1.411 billion, or SEK 2.46 per share, reported in the second quarter of the previous year.
Additionally, revenue for the quarter decreased by 9.1%, falling to SEK 15.430 billion from SEK 16.976 billion in the prior year.
Key financial figures for Husqvarna (GAAP) for Q2:
- Earnings: SEK 1.273 billion vs. SEK 1.411 billion last year
- Earnings Per Share (EPS): SEK 2.22 vs. SEK 2.46 last year
- Revenue: SEK 15.430 billion vs. SEK 16.976 billion last year
