Husqvarna AB - Company Profile
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Husqvarna AB (Husqvarna) is a company specializing in industrial equipment, producing outdoor power tools for forestry, gardening, and construction. It is a global provider of products and solutions for forest, park, and garden care. The company's primary activities include the manufacturing and distribution of a wide range of outdoor power tools and equipment. Its product portfolio includes robotic mowers, chainsaws, trimmers, ride-on mowers, hand tools, watering solutions, and corresponding services. The company's products are mainly sold under the globally recognized Husqvarna and Gardena brands. Husqvarna's offerings cater to both residential and professional customers, with applications in tree care, forestry, and gardening. The company also provides equipment and diamond tools for the light construction and stone industries. Husqvarna is headquartered in Stockholm, Sweden.
Headquarters
Sweden
Address
Halsingegatan 49, Stockholm, 10392
Website
www.husqvarna.com
Telephone
46 08 7389000
No of Employees
13,353
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
HUSQ B (STO)
Revenue (2024)
$4.8B
-3.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
33.5%
(2024 vs 2023)
Market Cap*
$2.6B
Net Profit Margin (2024)
XYZ
38.3%
(2024 vs 2023)
* As of and is in US$
Husqvarna AB premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Garden Tractors | Husqvarna |
| Walk Behind Lawn Mowers | Gardena |
| Robotic Mowers | Poulan Pro |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In May, the company partnered with the DP World Tour for on-course branding and product showcases at European golf events. |
| 2025 | New Products/Services | In May, the company introduced a new product category: professional irrigation solutions under the Husqvarna brand. |
| 2025 | Divestiture | In February, the company sold its manufacturing operations in Orangeburg, South Carolina, the US to Flex Ltd. |
Competitor Comparison
| Key Parameters | Husqvarna AB | Atlas Copco AB | Techtronic Industries Co Ltd | Stihl Holding AG & Co KG | Generac Holdings Inc |
|---|---|---|---|---|---|
| Headquarters | Sweden | Sweden | Hong Kong | Germany | United States of America |
| City | Stockholm | Nacka | Hong Kong City | Waiblingen | Waukesha |
| State/Province | Stockholm | Stockholm | - | Baden-Wurttemberg | Wisconsin |
| No. of Employees | 13,353 | 56,520 | 46,580 | 19,805 | 9,400 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Torbjorn Loof | Chairman | Executive Board | 2025 | 61 |
| Glen Instone | Chief Executive Officer | Senior Management | 2025 | 49 |
| Terry Burke | Chief Financial Officer; Executive Vice President - Finance, IR & Communication | Senior Management | 2022 | 54 |
| Robert Hafredal | Chief Information Officer; Executive Vice President - Global Information Services | Senior Management | 2010 | 48 |
| Maria Ronnberg | Executive Vice President - People & Organization | Senior Management | 2025 | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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