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BRIEF-Husqvarna: more likely to reach margin target 2017 -CEO
April 21, 2017 / 8:03 AM / 5 months ago

BRIEF-Husqvarna: more likely to reach margin target 2017 -CEO

April 21 (Reuters) - Husqvarna to Reuters:

* CEO Kai Warn: is, following strong q1, more confident will reach its 10 percent margin target 2017

* CFO Jan Ytterberg: sees 2017 net currency translation and raw material costs effect of around +200 million sek

* CEO: q2 overall demand looks promising with no indications so far in april of weak demand, says continental europe and north america looking good

* CEO: sees consumer brands sales “flat to a few odd percent” up in 2017, other divisions “closer to 5 percent” growth Further company coverage: (Reporting By Anna Ringstrom)

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