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Outdoor power, gardening, and construction equipment manufacturer
husqvarnagroup.comLast updated
In short: Husqvarna swung to a Q3 2026 operating loss amid drought, weak demand, and robot competition.
The report highlights strategic progress in robotics, electrification, and sustainability. Net sales decreased by 1% to SEK 53.3bn while operating margin improved to 9.3%. Carbon emissions dropped 44% against the 2015 baseline.
The company achieved SEK 23% of planned cost savings. Strategic focus remains on asset-light transformation and robotics growth.
CEO Glen Instone provides perspective on the quarter and future actions via a linked interview.
Operating income turned negative due to European weakness. However, the Gardena Division achieved strong growth in its Watering business.
The garden equipment company Husqvarna reports a historic operating loss and declining sales for the third quarter, raising concerns about the company's future.
The forestry and garden products company Husqvarna reports revenue in line with expectations for the third quarter. The stock falls nearly 10%.
The large company Husqvarna Group, which manufactures among other things garden tools, reported a loss during the third quarter. A cause of reduced sales is said to be the drought in Europe.
Sales fell organically by 4 percent in a weak consumer climate.
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