Q2 2020 Husqvarna AB Earnings Call Transcript

Jul 16, 2020 / 09:00AM GMT
Johan Andersson - Husqvarna AB(publ)-Director of Group Corporate Communications&IR

Hello, everyone. Welcome to the presentation of Husqvarna group's report for the second quarter of 2020. My name is Johan Andersson, responsible for Investor Relations here at Husqvarna group, and I will be the moderator here today. On the call, we have Henric Andersson, our President and CEO; and our CFO, Glen Instone. Henric and Glen will present the report and, afterwards, we'll open up for questions. Let me also remind you that this session is recorded and will later be published on our website.

So with that, I hand over to Henric.

Henric Andersson - Husqvarna AB(publ)-President - CEO & Director

Thank you, Johan. And good morning to everyone. All in all, I must say that we delivered a strong second quarter. We grew our net sales by 3%, if adjusted for Consumer Brands exits and FX. And we ultimately delivered a record-high operating profit.

Q2 was, due to

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