Husqvarna swings to a lower profit than expected in third quarter
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STOCKHOLM (Reuters) - Husqvarna , the world's biggest maker of gardening power tools, posted a smaller than expected third-quarter operating profit and said weakened demand in North America had hit sales.The Swedish group swung to a 414 million crown ($43 million) profit from a year-ago loss of 124 million, helped by restructuring and efficiency measures to get back on track after a tough 2018 as well as higher prices.Analysts had however forecast a 443 million crown profit in the seasonally..