Husqvarna AB (publ) (OTCPK:HUSQF) Q3 2024 Earnings Convention Name October 23, 2024 4:00 AM ET
Firm Contributors
Johan Andersson – Investor RelationsPavel Hajman – Chief Govt OfficerTerry Burke – Chief Monetary Officer
Convention Name Contributors
Adela Dashian – JefferiesFredrik Ivarsson – ABGBjorn Enarson – Danske BankEbba Bjorklid – DNBErik Cederberg – HandelsbankenJohan Eliason – Kepler Cheuvreux
Johan Andersson
Hiya everybody, and welcome to the Presentation of Husqvarna Group’s Report for the Third Quarter of 2024. My identify is Johan Andersson, chargeable for Investor Relations and would be the moderator right here at the moment.
With me right here in Stockholm, I’ve our CEO, Pavel Hajman; and our CFO, Terry Burke. Pavel and Terry will current the report and afterwards we’ll open up for Q&A session. And as all the time, you’ll be able to ask your questions over the phone convention or you’ll be able to ship them in by way of the net interface.
So with that, I open this presentation and depart the phrase over to you, Pavel.
Pavel Hajman
Thanks, Johan. So welcome everybody additionally from my facet as effectively to at the moment’s name. And I am more than happy that we’re presenting 1 / 4 with good development within the strategically essential areas of robotics and battery. Additionally, we ship a really robust money circulate and decreased internet debt. And that is regardless of the difficult market and cautious client spending that’s nonetheless very a lot impacting us as a gaggle.
And to navigate the difficult market circumstances, we’ve got accelerated the beforehand communicated value saving applications with good outcomes. And at the moment, we’ve got additionally introduced additional mitigating actions to cut back fastened prices and improve effectivity. This Terry will current intimately later. Nonetheless, importantly, along with this, we’re additionally dedicated to figuring out and implementing extra effectivity measures to additional improve our operational construction and effectiveness.
