HUSQ-BNasdaq StockholmConsumer DiscretionaryIFRS · SEK

Husqvarna B

Husqvarna Group is a global leader in outdoor power products, including chainsaws, trimmers, robotic lawn mowers, and garden watering products. The company operates through three main divisions: Forest & Garden, Gardena, and Construction, serving both consumer and professional markets. With a strong focus on innovation and sustainability, Husqvarna aims to drive efficiency and transformation across its operations. The company is headquartered in Sweden and has a significant presence in Europe and North America.

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Revenue46.6bn SEK
−3.6 %y/y
Operating profit (EBIT)2,898m SEK
+11.6 %y/y
EBIT margin6.2%
+0.8 ppy/y
Net income1,769m SEK
+33.4 %y/y
Free cash flow1,944m SEK
−54.1 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

0204060bn SEK2021: 47.1 bn SEK2021: EBIT 5.7 bn SEK20212022: 54.0 bn SEK2022: EBIT 3.0 bn SEK20222023: 53.3 bn SEK2023: EBIT 3.9 bn SEK20232024: 48.4 bn SEK2024: EBIT 2.6 bn SEK20242025: 46.6 bn SEK2025: EBIT 2.9 bn SEK202546.62.9
RevenueOperating profit (EBIT)

Business

Share of revenue
Forest & Garden50 %

Includes chainsaws, trimmers, and robotic lawn mowers.

Gardena25 %

Focuses on garden watering products and hand tools.

Construction25 %

Offers construction equipment like demolition robots and power cutters.

Customers

Husqvarna serves a diverse range of customers, including both consumers and professionals. The Forest & Garden division primarily targets homeowners and garden enthusiasts with products like chainsaws and robotic lawn mowers. The Gardena division caters to garden owners and hobbyists, offering watering systems and hand tools. The Construction division focuses on professional users in the construction industry, providing high-performance equipment such as demolition robots and power cutters. The company emphasizes sustainability and innovation, attracting environmentally conscious customers.

Homeowners

Purchase chainsaws and robotic lawn mowers for personal garden maintenance.

Garden Enthusiasts

Buy watering systems and hand tools for gardening activities.

Construction Professionals

Use high-performance equipment like demolition robots.

Strategy

Husqvarna's strategic priorities focus on driving efficiency, transformation, and sustainability. The company is committed to reducing CO2 emissions and launching circular innovations to tackle climate change. By divesting non-core assets and entering strategic partnerships, Husqvarna aims to enhance profitability and production flexibility. The company is also investing in new product launches to maintain its competitive edge and meet evolving customer needs. These strategic initiatives are designed to ensure long-term growth and resilience in a challenging market environment.

Efficiency and TransformationMedium term

To drive cost savings and operational improvements.

SustainabilityLong term

To reduce environmental impact and meet customer expectations.

Product InnovationShort term

To maintain competitive edge and meet customer needs.

Geography

Husqvarna Group has a strong geographic presence, with significant operations in Europe and North America. The company recently divested a manufacturing facility in Orangeburg, South Carolina, and entered a supplier agreement to maintain production in the US. This strategic move aims to enhance profitability and production flexibility in North America. In Europe, Husqvarna continues to see growth, particularly in the Construction division. The company's global reach allows it to effectively manage risks associated with geopolitical uncertainties and supply chain disruptions.

Risks

Husqvarna faces several operational and financial risks, including geopolitical uncertainties and supply chain disruptions. These risks can impact the availability and cost of raw materials and components, as well as transportation and logistics services. Additionally, fluctuations in consumer demand and market conditions pose challenges to sales and profitability. The company also needs to manage risks associated with currency exchange rates and interest rate fluctuations. To mitigate these risks, Husqvarna focuses on strategic partnerships and efficiency improvements.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Geopolitical uncertainties1Consumer demand fluctuations2Currency exchange rates3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Geopolitical uncertaintiesImpact: HighLikelihood: Medium

    Impact on supply chain and logistics costs.

  2. Consumer demand fluctuationsImpact: MediumLikelihood: Medium

    Affects sales volumes and profitability.

  3. Currency exchange ratesImpact: MediumLikelihood: Medium

    Influences financial performance and competitiveness.

Accounting

Judgemental items
Revenue recognition

Affects timing and comparability of financial performance.

Impact: high

Seasonal fluctuations

Leads to variability in quarterly revenues and costs.

Impact: medium

Asset divestment

Influences balance sheet and income statement.

Impact: medium

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Last updated: 24/09/2026