Husqvarna Company profile
About Husqvarna AB
Husqvarna AB is a Sweden-based company engaged in the development, manufacture and marketing of outdoor power products, consumer watering products, cutting equipment and diamond tools for construction and stone industries. The Company’s product offering includes robotic lawn mowers, garden tractors, chainsaws and trimmers. The Company’s operations are divided into three business areas: the Europe and Asia/Pacific business area sells forest, park and garden products to retailers and dealers in Europe and Asia/Pacific; the Americas business area sells forest, park and garden products to retailers and dealers on the American continents, and the Construction business area sells light construction products for cutting, drilling, polishing and demolition of hard materials. The Company’ subsidiaries include, among others, Husqvarna Australia Pty. Limited, Husqvarna Finance Belgium SA, Husqvarna Belgium SA and Koubachi AG.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Husqvarna AB revenues increased 12% to SEK47.06B. Net income increased 78% to SEK4.44B. Revenues reflect Husqvarna Forest & Garden Division segment increase of 10% to SEK29.22B, Husqvarna Construction Division segment increase of 23% to SEK7.21B, Gardena Division segment increase of 12% to SEK10.54B, Rest of Europe segment increase of 18% to SEK12.64B.
Equity composition
05/2007, Scrip Issue, 3 new shares for every 10 shares held. 03/2009, Rights Issue, 1 new A-share for every 2 A-shares held @ SEK 16 (Factor: 1.167590). 03/2009, Rights Issue, 1 new B-share for every 2 B-shares held @ SEK 16 (Factor: 1.185039).