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Last kr56.65 SEK
Change Today +1.15 / 2.07%
Volume 11.7K
As of 9:53 AM 10/9/15 All times are local (Market data is delayed by at least 15 minutes).

husqvarna ab-a shs (HUSQA) Snapshot

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52 Week High
02/13/15 - kr68.00
52 Week Low
10/16/14 - kr44.31
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Current Stock Chart for HUSQVARNA AB-A SHS (HUSQA)

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husqvarna ab-a shs (HUSQA) Details

Husqvarna AB (publ) produces outdoor power and watering products worldwide. The company operates through three segments: Europe & Asia/Pacific, Americas, and Construction. It offers wheeled products, such as riders, garden tractors, zero-turn mowers, lawn mowers, tillers, and snow throwers; and electric products, including robotic lawn mowers, and corded and cordless handheld and wheeled products. The company also provides handheld products comprising petrol-powered chainsaws, trimmers, clearing saws, leaf blowers, and hedge trimmers; and watering and hand tools consisting of mainly water-hoses, couplings, sprinklers, water controls, pumps, and hand tools. In addition, it offers accessories and replacement parts, such as chainsaw chains, lubricants, and safety equipment and clothes; and power cutters, demolition robots, drilling equipment, wall and wire saws, tile saws, floor grinders, and various related diamond tools for construction and stone industries. The company sells its products and solutions under the Husqvarna, Gardena, McCulloch, Poulan Pro, Weed Eater, Flymo, Zenoah, and Diamant Boart brands through dealers and retailers to forestry, tree care, landscaping, commercial lawn, and garden services, as well as to home and landowners. Husqvarna AB (publ) was founded in 1689 and is headquartered in Stockholm, Sweden.

14,693 Employees
Last Reported Date: 07/17/15
Founded in 1689

husqvarna ab-a shs (HUSQA) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: kr1.1M
Compensation as of Fiscal Year 2014.

husqvarna ab-a shs (HUSQA) Key Developments

Husqvarna Announces Implementation of Structural Measures in Manufacturing and Logistics; Plans to Cut 80 Jobs

Husqvarna Group announced that as a part of its intentions to define further cost reductions after the Accelerated Improvement Programme, the company will implement changes in the manufacturing and logistics structures in Sweden, the US and China. Reportedly, these cost reductions will be utilized for investments in profitable growth activities and to mitigate unfavorable currency impact going forward. These measures are estimated to entail restructuring costs of around SEK 150 million, which will be provisioned for in the company's income statement for the fourth quarter of 2015. Also, these changes are gradually expected to lead to annual cost savings of around SEK 80 million, with full effect as of 2018. Further, the company has also decided to invest in, and consolidate, the logistics and warehouse structure around the production facilities in Orangeburg and McRae, US, which will be implemented gradually during 2016 and 2017. This consolidation implicates accounting consequences such as adjustments of asset values and provisions for current leasing agreements. Finally, the company's production facility in Shanghai will be consolidated into its production plant in Changzhou, China. This change will be completed during 2016. The company announced that in addition, these changes affect staffing requirements and it is estimated that approximately 8 employees related to production will be affected. The personnel reductions are planned for 2015 and 2016, after negotiations with the labor union.

Husqvarna Unveils a Prototype of a Lithium Battery with Integrated Bluetooth Connectivity

Husqvarna unveiled a prototype of a lithium battery with integrated Bluetooth connectivity - a connected battery. Tools equipped with the new battery prototype will be able to share valuable information about themselves to their user. The battery prototype can easily be paired with an operator's smartphone or a smart watch, to either provide the operator direct information, or to pass on information to other members of the team, such as other operators, managers, technicians or dealers. Multiple benefits of real-time data: The requirement for landscapers to increase productivity and end-results calls for high-performing and efficient tools. When powering tools with intelligence, landscapers can start developing new ways of working. Husqvarna has also created 'Husqvarna RamusTM' - an intelligent and super light futuristic concept hedge trimmer that employs the same technology as in Husqvarna's connected battery prototype. The concept trimmer features existing technologies from the forefront of several different industries.

Husqvarna AB Appoints Sofia Axelsson as SVP Group Communications, Brand & Marketing

Husqvarna AB appointed Sofia Axelsson as SVP Group Communications, Brand & Marketing, responsible for a team consisting of Group Staff Corporate Communications and Brand & Marketing. Sofia is member of Group Management and she will take on her new position as of October 1, 2015.


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Valuation HUSQA Industry Range
Price/Earnings 28.3x
Price/Sales 0.9x
Price/Book 2.5x
Price/Cash Flow 22.8x
TEV/Sales 0.5x

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