Husqvarna jumps on gradually improving sell-in in Q1
** Husqvarna HUSQb.ST shares up 7% after a "fairly in-line" Q1 report with sell-in gradually improving
** The Swedish gardening equipment maker posted slightly lower than expected Q1 results after a "cautious" start to the year
** However, Jefferies says that sell-in gradually improved as the quarter progressed going from a "cautious" start to a "more favourable" development as the gardening season begins
** The brokerage says a "fairly in-line" report could support investors' sentiment in today's trading session
** The company's sales fell 14% to 14.7 billion Swedish crowns ($1.35 billion), missing the 15.01 billion crowns expected by analysts
** Sales drop, driven by weakness in Husqvarna Forest and Garden and Husqvarna Construction, was offset by a positive outcome in Gardena - Jefferies
** Shares on track for a best day since Jan. 27, 2023, when it closed 11.5 % higher
($1 = 10.8491 Swedish crowns)
Reporting by Joanna Jonczyk-Gwizdala
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