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Husqvarna (OTCPK:HSQV.Y) 2025 Earnings Call Presentation
2025-12-10 07:30
Financial Targets & Growth Strategy - Husqvarna Group aims for average annual organic sales growth of 3-5% over a business cycle[51, 52, 82] - The company targets an operating margin exceeding 10% over a business cycle, excluding items affecting comparability[53, 54, 84, 85] - Husqvarna Group targets a return on capital employed (ROCE) of 15% over a business cycle, excluding items affecting comparability[55, 56, 86, 87] - The company plans transformative cost-out measures to achieve over 4 billion SEK in savings by 2030[58, 93] Business Performance & Portfolio Management - Husqvarna Group reported net sales of 47.6 billion SEK for Q3 2025 R12, with an operating margin of 6.4%[32] - Aftermarket sales reached approximately 9 billion SEK in Q3 2025 R12, with an ambition to exceed 12 billion SEK in sales by 2030[62] - Approximately 80% of Husqvarna Group's sales come from market positions ranked 1 or 2[33] - Residential sales account for approximately 60% and professional sales for approximately 40% of the company's sales as of Q3 2025 R12[39] Sustainability - Husqvarna Group aims for a 60% reduction in CO₂ emissions by 2030, calculated against a 2015 baseline[76] - The company targets 25% of net sales from circular offerings by 2030[77]
Invitation: Husqvarna Group's Capital Markets Day, 2025
Prnewswire· 2025-09-18 06:13
Group 1 - Husqvarna Group will hold its Capital Markets Day on December 10, 2025, at the IVA Conference Center in Stockholm, providing insights into the company's strategic priorities and progress [1][2] - The event will feature presentations from CEO Glen Instone, CFO Terry Burke, and other management team members, showcasing the Group's market-leading products and innovations [1] - For those unable to attend in person, the presentations will be available via live online broadcast, with recordings and slides published on the company's website the day after the event [3] Group 2 - Husqvarna Group is a global leader in innovative solutions for managing forests, parks, and gardens, as well as construction equipment and diamond tools [4] - The company reported net sales of SEK 48.4 billion in 2024 and operates under the Husqvarna and Gardena brands, serving consumers and professionals in over 100 countries [4] - Husqvarna Group employs approximately 12,300 people across 40 countries and is listed on Nasdaq Stockholm [4] Group 3 - Omar Attar has been appointed as the interim President of the Husqvarna Forest and Garden Division, effective immediately [6] Group 4 - The second quarter of 2025 saw a 1% decrease in net sales to SEK 15,277 million compared to SEK 15,430 million in the previous year [7]
Glen Instone appointed CEO of Husqvarna Group
Prnewswire· 2025-07-17 18:26
Company Leadership Change - Glen Instone has been appointed as the new CEO of Husqvarna Group, effective August 11, 2025, succeeding Pavel Hajman [1] - The Board of Directors expressed confidence in Instone's leadership skills and deep knowledge of the business, which will be crucial for the company's future strategy [1] - Pavel Hajman has served as Group CEO since December 2022 and has been recognized for his dedication and leadership over the past decade [2] Glen Instone's Background - Glen Instone, aged 48, is a Chartered Management Accountant and holds a B.A. (Hons) in Accounting & Finance [4] - He joined Husqvarna in 2002 and has been part of Group Management since 2018, previously serving as Group CFO and in various roles within the Forest and Garden Division [4] Company Overview - Husqvarna Group is a global leader in innovative solutions for managing forests, parks, and gardens, as well as construction equipment and diamond tools [6] - The company reported net sales of SEK 48.4 billion in 2024 and employs approximately 12,300 people across 40 countries [6]
Bulletin from the Annual General Meeting of Husqvarna AB (publ)
Prnewswire· 2025-04-29 16:06
Core Points - The Annual General Meeting (AGM) of Husqvarna AB was held on April 29, 2025, where shareholders could attend physically or via advance voting [1] - The profit and loss statements and balance sheets were adopted, with a dividend of SEK 1.00 per share approved, to be paid in two installments [1] - The Board of Directors' proposal for the composition of the Board was approved, with nine members elected, including new members Claes Boustedt, Marlies Gebetsberger, and Magnus Jarlegren [2] - The total remuneration for the Board was set at SEK 8,490,000, with specific amounts allocated to the Chair and other members [3] - KPMG was elected as the auditor for the period until the next AGM, with fees based on approved invoices [4] - The AGM approved the renewal of remuneration guidelines for Group Management and the Remuneration Report [5] - A performance-based long-term incentive program for 2025 was approved, along with authorization for equity swap arrangements to hedge obligations [6] - The Board was authorized to issue up to approximately 57.6 million new B-shares for acquisitions, with pricing based on market value [7] Company Overview - Husqvarna Group is a global leader in innovative solutions for managing forests, parks, and gardens, as well as cutting equipment and diamond tools for construction and stone industries [9] - The company reported net sales of SEK 48.4 billion in 2024 and employs approximately 12,300 people in 40 countries [9]