Core Insights - Husqvarna Group reported good organic growth with improved profitability in Q2 2025, with sales growing organically by 5% and operating income increasing across all divisions [2][6][3] Financial Performance - Net sales decreased by 1% to SEK 15,277 million, impacted by a -6% change in exchange rates, while organic sales increased by 5% [6] - Operating income was SEK 2,063 million, with an operating margin of 13.5%, up from 12.3% [6] - Earnings per share after dilution increased to SEK 2.76 from SEK 2.22 [6] Division Performance - The Husqvarna Forest & Garden Division achieved 5% organic sales growth, driven by strong demand for robotic mowers, which grew by 15% [3] - Gardena Division's organic sales grew by 7%, significantly improving its operating margin due to strong growth in the watering category [4] - Husqvarna Construction Division experienced a 4% decline in organic sales, with stable development in Europe but weak sales in North America [4] Debt and Cash Flow - The company reduced net debt by SEK 3.3 billion compared to the previous year, bringing it down to SEK 12.3 billion [5][6] - Direct operating cash flow amounted to SEK 2.4 billion in the quarter [5] Strategic Focus - The company is focusing on cost-saving measures, operational efficiency, and cash flow optimization amid global economic uncertainties [6][7] - Progress is being made towards sustainability targets, including a 55% reduction in CO2 emissions [8] Leadership Changes - Glen Instone has been appointed as the new CEO of Husqvarna Group, effective August 11, 2025 [2]

STOCKHOLM, July 17, 2025 /PRNewswire/ -- The Board of Directors of Husqvarna AB has appointed Glen Instone as the new CEO of Husqvarna Group. Glen Instone currently holds the position as President of the Husqvarna Forest and Garden Division and will assume his new role as of August 11, 2025. He is succeeding Pavel Hajman, who will leave the Group by the end of the year."The Board and I are very pleased to announce Glen Instone as the new CEO of Husqvarna Group. His deep knowledge of our business and strong ...

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]