Husqvarna's sales continue to decline.
"Challenging market conditions and cautious consumption continue to affect the Group's sales and operating result for the third quarter," the company, which manufactures garden machinery, writes in a press release.
The Group's organic sales for the third quarter are expected to decrease by around five percent compared to the previous year.
The company writes further that "ongoing cost-saving programs are being accelerated and additional measures will be presented in the report for the third quarter of 2024".
"The current market situation is weak and has a significant impact on our operations, which is why we continue to take measures to mitigate the effects," says Pavel Hajman, CEO of Husqvarna Group, in the press release.
The quarterly report will be presented on October 23.
