Husqvarna CEO sees better margins in 2009

Tue Sep 16, 2008 6:47am EDT
 
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STOCKHOLM, Sept 16 (Reuters) - Swedish garden tools maker Husqvarna's (HUSQb.ST) top executive said on Tuesday he expected the group would be able to improve its profit margin next year.

"All in all, we believe in a margin improvement next year," Chief Executive Bengt Andersson told Reuters in a telephone interview.

Earlier on Tuesday, the group issued a profit warning, blaming a worsening consumer market in North America and Europe and a weaker construction sector.

Andersson also said that the company expected to be able to win market share next year.

 

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