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Husqvarna Drops 5% After Warning SEK 2 Billion in Sales Are in Danger

Autor: PLX AI
21.09.2021, 09:11  |  101   |   |   

(PLX AI) – Husqvarna shares dropped more than 5% at the open after the company warned that it may lose sales of up to SEK 2 billion if engine supplier dispute is not solved.Briggs & Stratton LLC (B&S) has informed Husqvarna that B&S will only …

  • (PLX AI) – Husqvarna shares dropped more than 5% at the open after the company warned that it may lose sales of up to SEK 2 billion if engine supplier dispute is not solved.
  • Briggs & Stratton LLC (B&S) has informed Husqvarna that B&S will only deliver a very small portion of the engines for ride-on mowers that Husqvarna had ordered in advance of the 2022 season
  • We estimate that this risks about 4% of Husqvarna's sales and 8% of operating profit for 2022, analysts at Kepler Cheuvreux said
  • Kepler rates Husqvarna buy, with a SEK 135 price target
Husqvarna (B) Aktie jetzt über den Testsieger (Finanztest 11/2020) handeln, ab 0 € auf Smartbroker.de

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Husqvarna Drops 5% After Warning SEK 2 Billion in Sales Are in Danger (PLX AI) – Husqvarna shares dropped more than 5% at the open after the company warned that it may lose sales of up to SEK 2 billion if engine supplier dispute is not solved.Briggs & Stratton LLC (B&S) has informed Husqvarna that B&S will only …

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DatumTitel
21.09.21Husqvarna May Lose SEK 2 Billion in Sales Amid Supplier Dispute
PLX AI | Analysen