Husqvarna reported a 14.9% year over year expansion in Q1’21 revenues as the firm’s robotic lawn mowers and power tools remained popular during the pandemic. The firm has also managed to increase profits “despite the headwinds that we are facing here with raw materials and logistics” according to CEO Henric Andersson. Husqvarna’s management is also willing to increase prices further if supply chain costs remain high. Raising prices carries risks in the cost-conscious U.S. market. U.S. seaborne imports linked to the firm increased by 23.9% year over year in March while those associated wi...
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