Husqvarna Group reports interim results for January-June 2026
Net sales declined 5% organically, while operating margin improved excluding items affecting comparability.
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Manufacturer of outdoor power and construction equipment
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In short: Husqvarna Group reported a decline in organic sales amid a weak consumer climate while appointing Glen Instone as the new CEO in 2025.
Net sales declined 5% organically, while operating margin improved excluding items affecting comparability.
Patrik Johnson as CFO, Lily Guo as CPO, and Anders Candell as CIO to drive transformation.
Patrik Johnson has been appointed Chief Financial Officer, Lily Guo as Chief Procurement Officer, and Anders Candell as Chief Information Officer.
Manufacturing in Belgium, Portugal and Greece will be shut, affecting about 200 employees and reducing net sales by ~SEK 250 million; full withdrawal is expected by end of 2026.
Sales fell organically by 4 percent in a weak consumer climate.
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