
STIHL Inc. Appoints Sean McGinnis President
The appointment covers the U.S. subsidiary, including manufacturing and sales.
Product launches, company developments and market updates from across the cleaning industry.

The appointment covers the U.S. subsidiary, including manufacturing and sales.

The group raised its full-year local-currency growth expectation.

Milwaukee growth contrasts with weaker noncore consumer businesses.

Operating profit increased 17.2% in the first quarter of its fiscal year.

Quarterly sales were approximately USD 3.96 billion.

The July interim report records a 4% organic sales decline and stronger operating cash flow.

The June appointments include a new chief procurement role and planned start dates later in 2026.

Operating earnings eased in the year ended March 2026.

Exchange rates pulled reported Swiss-franc sales lower.

Milwaukee and RYOBI supported growth across the wider group.

Fourth-quarter revenue was approximately USD 3.7 billion.

Howmet announced an all-cash agreement for the aerospace-components business.