News | First quarter

Back

Gardena increases adjusted sales by nine percent

Robotic lawnmowers are one of Gardena’s most important growth drivers.

Robotic lawnmowers are one of Gardena’s most important growth drivers.

Husqvarna Group's business unit Gardena made net sales of SEK 1.715 bn in the first quarter of 2017. This is an increase of 13 per cent, nine per cent after adjusting for currency effects. One of the main reasons for the increase, according to the quarterly report, is growth in the area of robotic lawnmowers.

In contrast, the business unit Consumer Brands, into which the Swedish group's other garden tool brands are combined, recorded a minus of four per cent after adjusting for currency effects.  Unadjusted sales increased by one per cent to SEK 3.461 bn.

| 8 May 2017


SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

Sales up nearly eleven per cent at Lowe’s

Lowe's ended the first quarter (ended 5 May 2017) of its financial year with sales up by 10.7 per cent. The second-biggest home improvement store View news...

MTD acquires Robomow and aims to gain market share in the USA with it

The American manufacturer of garden appliances, MTD Products, has acquired the Israeli company F. Robotics Acquisitions Ltd., the supplier of Robomow View news...

Kingfisher sales down at home with B&Q and in France

In the first quarter of its fiscal year (ended 30 April), the British Kingfisher Group unveiled a nominal sales increase of 5.0 per cent. In constant View news...

German DIY stores notch up a sales increase of 5.4 per cent

In the first three months of the year, German DIY and home improvement stores recorded overall gross sales of EUR 4.04 bn, equivalent to an increase View news...