Husqvarna AB - Company Profile
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Husqvarna AB (Husqvarna), is an industrial equipment company, which manufactures outdoor power products for forestry, gardening and construction. It offers wheeled products and electric products. Husqvarna also provides handheld products, watering and hand tools, accessories, and construction products. The company's other products include robotic lawnmowers, riders, garden tractors, zero-turn mowers, chainsaws, trimmers, clearing saws and blowers, among others. In addition, it offers hedge trimmers, water-hoses, couplings, sprinklers, saw chains, safety equipment, power cutters, floor saws, drilling equipment and wall-wire saws. The company offers its products across the US, the Czech Republic, Germany, Poland, Brazil, China, Japan, and Belgium. Husqvarna is headquartered in Stockholm, Sweden.
Headquarters
Sweden
Address
Regeringsgatan 28, Stockholm, 10392
Website
www.husqvarna.com
Telephone
46 8 7389000
No of Employees
12,757
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
HUSQ B (STO)
Revenue (2022)
$5.0B
-1.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
12.6%
(2022 vs 2021)
Market Cap*
$4.3B
Net Profit Margin (2022)
XYZ
14.3%
(2022 vs 2021)
* As of and is in US$
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 |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company signed an agreement to acquire ETwater. |
| 2023 | Contracts/Agreements | In December, the company expanded its IT and digital transformation partnership with HCLTech. |
| 2023 | New Products/Services | In October, the company launched Pro Insider, a state-of-the-art web-based learning management system. |
Competitor Comparison
| Key Parameters | Husqvarna AB | Atlas Copco AB | Techtronic Industries Co Ltd | Alfa Laval AB | Generac Holdings Inc |
|---|---|---|---|---|---|
| Headquarters | Sweden | Sweden | Hong Kong | Sweden | United States of America |
| City | Stockholm | Nacka | Hong Kong | Lund | Waukesha |
| State/Province | Stockholm | Stockholm | - | - | Wisconsin |
| No. of Employees | 12,757 | 52,778 | 47,224 | 21,321 | 8,315 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Terry Burk | Executive Vice President - Finance, IR & Communication; Chief Financial Officer | Senior Management | 2022 | 51 |
| Pavel Hajman | Chief Executive Officer - Acting | Senior Management | 2023 | 58 |
| Torbjorn Loof | Chairman - Deputy | Executive Board | 2024 | - |
| Glen Instone | Executive Vice President - Husqvarna Group; President - Husqvarna Forest & Garden Division | Senior Management | 2018 | 46 |
| Par Astrom | Executive Vice President - Husqvarna Group; President - Gardena Division | Senior Management | 2015 | 51 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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