Husqvarna "cautiously optimistic" on U.S., European economies

02/6/2014 | Reuters

Husqvarna's operating loss in the fourth quarter dropped to $47 million, down from about $53 million in the same period in 2012, and it has seen improvements this year in the North and South America markets, according to this article. However, the company's fourth-quarter results reflect a weak market in Europe, which had unseasonably warm winter weather. "In terms of demand, I am cautiously optimistic given the continued improvements in the U.S. economy and by the European indications of stabilisation," said Husqvarna CEO Kai Warn.

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