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Birmingham Post
Birmingham Post
Business
Tom Keighley

Husqvarna grows turnover but profits dip as hopes pinned on robotic lawnmower popularity

Swedish manufacturer Husqvarna has boosted turnover in its UK operation by 9% to £228.5m and says its well positioned to capitalise on several growing markets - including appetite for robotic lawnmowers.

The Newton Aycliffe-based part of the chainsaw and garden tools specialist saw operating profit drop from £8.36m to £5.1m in the year to the end of December 2021 but directors said they were satisfied with the performance. In accounts filed at Companies House, the manufacturer said it was focussed on a strategy for profitable growth supported by its product offer in high growth market segments such as battery powered tools, smart connected products for the garden, light construction industry products and robotic lawnmowers.

Earlier this year, the North East plant, which employs about 400 people, became the only factory within the group to make Husqvarna's new Ceora robotic lawnmower device. The move followed investment to create an in-house battery manufacturing facility.

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