(Repeats to additional news alert with no changes)
STOCKHOLM Feb 13 Garden equipment maker
Husqvarna posted a bigger fourth-quarter operating
loss than expected on Wednesday and announced plans to invest 1
billion Swedish crowns ($157 million) in a new production
facility in Sweden.
The operating loss at the world's biggest maker of
chainsaws, trimmers, lawn mowers and garden tractors was 362
million Swedish crowns ($56.96 million) against a year-earlier
236 million loss and an average forecast in a Reuters poll for a
125 million loss.
"The near-term outlook for North America is positive, while
the European markets are expected to remain challenging as the
macroeconomic uncertainty remains," the company said in a
($1 = 6.3555 Swedish crowns)
(Reporting by Stockholm Newsroom)