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BRIEF-Husqvarna to consolidate operations in concrete surfaces and floors
August 23, 2017 / 1:52 PM / 4 months ago

BRIEF-Husqvarna to consolidate operations in concrete surfaces and floors

Aug 23 (Reuters) - Husqvarna AB

* Says to enhance customer support, better co-ordinate the operations overall and support an acceleration of investments for growth Husqvarna Construction intends to implement a number of structural changes

* Says total cost for changes is estimated to be approximately SEK 65 mln

* Says majority of these costs will be charged against construction division’s operating income in Q3 2017, and remainder in Q4

* Says proposed changes will put some 50 employees at risk, including closure of Pullman Ermator’s sites in Smedjebacken, Sweden and Tampa, Florida, U.S.A.

* Husqvarna Construction is a market leader in the fast growing and attractive market segment for preparing and polishing concrete floors Source text for Eikon: Further company coverage: (Reporting by Stockholm Newsroom)

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