Husqvarna AB
F:HRZ

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Husqvarna AB Logo
Husqvarna AB
F:HRZ
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Price: 3.548 EUR 4.45%
Market Cap: €2B

Husqvarna AB
Investor Relations

Husqvarna AB makes outdoor power equipment for yards, parks, and forests. Its products include chainsaws, lawn mowers, robotic lawn mowers, trimmers, hedge trimmers, and related battery systems and accessories. It sells these tools to homeowners, professional landscapers, tree care crews, municipalities, and forestry customers, mainly through dealers, retailers, and service partners. The company earns money by selling equipment, replacement parts, batteries, and attachments, and by supporting those products through its dealer and service network. That service side matters because many of its products are used hard and need upkeep, repairs, and regular replacement of wear parts. Husqvarna’s business is tied to the outdoor equipment market, where customers often buy a tool once and then keep coming back for blades, chains, batteries, and maintenance items. What sets Husqvarna apart is that it sits in both the consumer lawn-care market and the professional forestry and grounds-care market. It is especially known for chainsaws and robotic mowers, two areas where product design, battery technology, and dealer support matter a lot. That mix gives the company a broad customer base and makes it more than just a mower brand; it is a full-line supplier for people who cut, trim, clear, and maintain outdoor spaces.

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Last Earnings Call
Fiscal Period
Q1 2025
Call Date
Apr 24, 2025
AI Summary
Q1 2025

CEO Transition: CEO Pavel Hajman announced he will step down by year-end to enable a new leader to guide Husqvarna through its next strategy cycle.

Robotics Growth: Robotic mower sales surged 16% in Q1, with boundary wire-free models now making up more than half of residential robotic sales.

Profitability Pressure: Group EBIT declined by SEK 400 million to SEK 1.6 billion, mainly due to currency effects, lower prices, and weak North American performance.

Cost Savings: Cost-saving programs delivered SEK 210 million in Q1 and are on track to deliver an additional SEK 400 million in savings for the year.

Tariff Impact: New tariffs are expected to have a net negative impact of SEK 300–500 million on EBIT in 2025, even after price increases and other mitigation efforts.

Cash Flow & Debt: Cash flow improved by SEK 400 million, and net debt was reduced by SEK 4 billion to SEK 13.7 billion year-on-year.

Market Divergence: European markets are relatively stable with some growth, while North America continues to be weak across all divisions.

Key Financials
Robotic Sales
SEK 7.5 billion (rolling 12 months)
Operating Income (EBIT)
SEK 1.6 billion
Forest & Garden Division Organic Sales
6% growth
Forest & Garden Division Operating Margin
13%
Gardena Division Organic Sales
Down 9%
Gardena Division Operating Margin
11.1%
Construction Division Organic Sales
Down 8%
Construction Division Operating Margin
7.3%
Operating Margin (Group)
10.6% (Q1), down from 13.1% last year
Cost Savings
SEK 210 million (Q1)
Direct Operating Cash Flow
Improved by SEK 400 million
Net Debt
SEK 13.7 billion
Net Debt/EBITDA
2.5x
Share of Robotics & Battery in Group Sales
21% (12-month rolling)
CO2 Emissions Reduction
56% reduction absolute CO2 emissions (value chain)
Tariff Impact (EBIT)
SEK 300–500 million negative (expected rest of 2025)
Other Earnings Calls

Management

Mr. Pavel Hajman
CEO & Director
No Bio Available
Ms. Leigh Dagberg
Executive Vice President of People & Organization
No Bio Available
Ms. Karin Falk
Executive VP & President of Construction Division
No Bio Available
Mr. Henrik Sjöström
Head of External Communications
No Bio Available
Mr. Robert Hafredal
Group CIO & Executive VP of Global Information Services
No Bio Available
Mr. Andreas Rangert
President of North America
No Bio Available
Mr. Claus Andersen
President of the Gardena Division
No Bio Available
Ms. Anna Lindh Fogelström
Group Supply Chain Planning Manager
No Bio Available
Johan Andersson
Vice President of Investor Relations
No Bio Available

Contacts

Address
JONKOPINGS
Huskvarna
Drottninggatan 2
Contacts
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