52 Week Range
As of on the Stockholm Stock Exchange ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
Husqvarna Group Presents Financial Targets As From 2020
Semcon Announces New Partnership With Husqvarna
Husqvarna CEO sees 2019 EBIT margin at lower end of previous guidance range
Husqvarna AB is a Sweden-based company engaged in the development, manufacture and marketing of outdoor power products, consumer watering products, cutting equipment and diamond tools for construction and stone industries. The Company’s product offering includes robotic lawn mowers, garden tractors, chainsaws and trimmers. The Company’s operations are divided into three business areas: the Europe and Asia/Pacific business area sells forest, park and garden products to retailers and dealers in Europe and Asia/Pacific; the Americas business area sells forest, park and garden products to retailers and dealers on the American continents, and the Construction business area sells light construction products for cutting, drilling, polishing and demolition of hard materials. The Company’ subsidiaries include, among others, Husqvarna Australia Pty. Limited, Husqvarna Finance Belgium SA, Husqvarna Belgium SA and Koubachi AG.
Constr. & Agric. Machinery
Independent Chairman of the Board
President, Chief Executive Officer, Director
Chief Financial Officer, Director of Communication, Senior Vice President
Senior Vice President, Technology and Innovation
Brian S. Belanger
Senior Vice President, Legal Affairs, General Counsel and Secretary to the Board
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* Shares down 5% (Adds CEO, detail, background, analyst, share reaction)
The head of Husqvarna <HUSQb.ST>, the world's biggest gardening power tools maker, said it could take another decade before batteries on the market have enough range to electrify some of the company's still petrol-driven products.
Husqvarna <HUSQb.ST>, the world's biggest maker of garden power tools such as robotic lawn mowers, blamed cold weather for a fall in second-quarter sales and said the dip in demand meant it would probably not achieve its margin target this year.
Husqvarna, the world's biggest maker of outdoor power tools such as robotic lawn mowers, posted on Wednesday a bigger rise than expected in first-quarter operating profit helped by cost savings and sales growth ahead of the gardening season.
Husqvarna, the world's biggest maker of lawn mowers, reported an operating profit of 225 million crowns ($24.9 million) on Friday, in line with a warning last month that its third quarter profit would halve.
Swedish outdoor tools group Husqvarna <HUSQb.ST> warned its third-quarter core operating profit would halve due to unfavourable weather, restructuring costs and rising trade tariffs.
Gardening machinery group Husqvarna <HUSQb.ST> said on Tuesday it will restructure its struggling Consumer Brands division, which makes petrol lawnmowers and garden tractors, after it slumped to a loss in the second quarter on a weak retail market in the United States.
Husqvarna, the world's biggest maker of outdoor power tools such as lawn mowers and trimmers, posted on Tuesday an unexpected drop in operating profit for it's most important quarter as its Consumer Brands unit swung into a loss.
Husqvarna <HUSQb.ST>, the world's biggest maker of robotic lawn mowers, said on Tuesday cold weather delayed the start of the gardening season in its main markets which contributed to a bigger than expected fall in first-quarter profits.
* UNIBAP RECEIVES ORDER FROM HUSQVARNA GROUP OF SEK 3.55 MILLION FOR DELIVERY OF AUTOMATED INTELLIGENT QUALITY ASSURANCE
* Swedish firm banks on growing demand for battery-driven tools
* HUSQVARNA GROUP TO ACQUIRE LIGHT COMPACTION AND CONCRETE EQUIPMENT BUSINESS, TO STRENGTHEN POSITION IN CONCRETE SURFACES & FLOORS
Sweden's Husqvarna AB and its U.S. affiliate agreed on Tuesday to pay a $2.85 million civil penalty to resolve alleged violations of the Clean Air Act, the Justice Department and Environmental Protection Agency said in a statement.
Sweden's Husqvarna <HUSQb.ST> said on Monday net sales in its Consumer Brands Division would take a 1 billion Swedish crown (£108.97 million) hit next year as it cuts back business with a major U.S. client.
* Says to enhance customer support, better co-ordinate the operations overall and support an acceleration of investments for growth Husqvarna Construction intends to implement a number of structural changes
Husqvarna AB CEO Kai Warn and CFO Jan Ytterberg to Reuters:
Gardening tools and construction gear firm Husqvarna reported a rise in quarterly operating profit in line with market expectations but flagged a slower margin recovery at its struggling Consumer Brands division than previously seen.
* Q2 operating income increased 16% to sek 2,002m (1,729), corresponding to a margin of 15.3% (15.0).
* RECEIVED A CONTRACT WITH A POTENTIAL VALUE OF NOK 600 MILLION OVER A FIVE-YEAR PERIOD FROM HUSQVARNA GROUP
Gardening and construction gear firm Husqvarna posted on Friday a bigger quarterly operating profit than expected helped by growth at the Construction, Husqvarna and Gardena units, while sales at the struggling Consumer Brands shrank.
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