Swedish equipment manufacturer Husqvarna posted an 8 percent net sales increase of SEK 4.7 billion (about $723.6 million) in the fourth quarter. For the full year, Husqvarna’s net sales totaled SEK 30.3 billion (about $4.7 billion), a 2-percent year-over-year increase.
“The year ended with a continuation of the positive sales development from the third quarter,” said Kai Wärn, president and CEO. “Sales for the seasonally weak fourth quarter were up 8 percent, adjusted for changes in exchange rates, with higher sales in all business areas. The Americas contributed with the largest improvements.”