Husqvarna Shares Fall Around 8% After Q3 Operating Miss
The Swedish garden equipment maker’s shares hit their lowest level since September 2012 after weak European demand, drought and competition in robotic lawnmowers weighed on its Q3 result. Adjusted operating loss was 246 million Swedish kronor.
** Shares in Husqvarna OMXSTO:HUSQ_A fall around 8% after the Swedish garden equipment maker posted Q3 operating miss, hit by weak European demand, drought and competition in robotic lawnmowers** Stock hits its lowest price since September 2012** Adjusted operating loss came in at 246 million Swedi…