Announcement • Jun 06
Husqvarna Group Announces Appointment of Patrik Johnsson as Chief Financial Officer, Effective September 11, 2026 Husqvarna Group announced Patrik Johnsson has been appointed Chief Financial Officer, succeeding Terry Burke, who, as previously announced, will leave his position on July 31, 2026. Patrik will assume the role on September 11, 2026, and be based in Stockholm, Sweden. He joins from Indutrade, where he has served as Chief Financial Officer since 2018. Patrik also brings extensive experience from senior finance positions at industrial companies, including Sandvik and ABB, with a strong track record of driving performance management and financial governance. During August, an internal interim solution will be in place serving as acting Chief Financial Officer. Announcement • Jun 05
Husqvarna Group Announces Management Changes Husqvarna Group announced changes in Group Management. Lily Guo has been appointed Chief Procurement Officer, a newly established position in Group Management. She joins from Harman International, part of Samsung Group, where she has served as Senior Vice President, Global Operations, Consumer Audio since 2018. She brings more than 30 years of experience from sourcing and purchasing roles in international companies. Lily Guo will be based in Hong Kong, China. She will assume the role on August 1, 2026. Anders Candell has been appointed Chief Information Officer, succeeding Robert Hafredal, who will transition to another strategic position within Husqvarna Group. Anders joins from Skanska, where he serves as Chief Information Officer since 2020. He brings more than 20 years of leadership experience in CIO roles and enterprise transformation across large Nordic industrial and telecom companies, including Telia, Stora Enso, Tele2, and Outokumpu. He will be based in Stockholm, Sweden. Anders will assume the role in early December 2026, with Robert remaining in the position until then. Announcement • May 08
Husqvarna Group Plans to Discontinue Its Non-Core Stone Diamond Tools Business Within Construction Division Husqvarna Group announced as part of the commitment to transforming towards profitable growth and strategic portfolio management, it plans to discontinue its non-core stone diamond tools business within the Construction Division. Consequently, Husqvarna's Construction Division plans to shut down its manufacturing operations for stone diamond tools in Belgium, Portugal, and Greece, along with all global service centers and sales activities linked to the stone business worldwide. The exit will reduce net sales by approximately SEK 250 million on a full-year basis and will have a slightly margin-accretive impact on the operating margin in the division. The stone diamond business is currently reported in the Sawing and Drilling Business Portfolio Unit. A full withdrawal is expected to be completed by the end of 2026. The stone diamond tools business currently employs approximately 200 people. The intended withdrawal process will be prepared and carried out in each affected country, with consideration and care for our employees, and in consultation with works councils and unions with the aim of ensuring a responsible exit. Announcement • Apr 24
Husqvarna Group Announces Executive Changes Husqvarna Group has appointed Anders Lindmark as the new President of the Husqvarna Construction Division. He will become a member of Group Management and assume the role on 1 July 2026. Anders Lindmark most recently led the Heat & Gas Systems business unit within the Marine Division at Alfa Laval. He has over 20 years of international experience in industry-related operations within marine and energy-related equipment, with extensive responsibility for the entire value chain, from product development and technology to supply chain, production, sales, service and aftermarket. Lindmark holds a Master of Science in Engineering Physics from Umeå University. Anders Lindmark will succeed Karin Falk, who will leave the Group. Announcement • Mar 31
Husqvarna Group Announces Executive Changes, Effective from April 1, 2026 Husqvarna Group announced that effective April 1, 2026, Gent Simmons will assume the role of President, North America Business Unit, succeeding Andreas Rangert. Simmons will relocate to Charlotte, North Carolina and lead Husqvarna Forest & Garden, North America. Gent brings more than 26 years of experience within Husqvarna Forest and Garden, most recently serving as Senior Vice President, Global CSU Core. Throughout his career, he has held leadership roles across product development, product management, sales, and marketing, including more than a decade based in Sweden leading global product management and development across robotics, handheld, wheeled, accessories, and digital solutions. As part of this transition, Andreas Rangert will return to Sweden to assume the role of Senior Vice President, Business Portfolio Unit Handheld within the Husqvarna Forest and Garden Division. Announcement • Mar 30
Husqvarna Reveals Newest Lineup Of Riding And Zero-Turn Mowers For Homeowners Husqvarna, a global leader in outdoor power equipment, released its newest residential riding and zero turn mower lineup, delivering enhanced comfort, upgraded durability, and consistent cutting performance across every price tier. Available now nationwide, Husqvarna's refreshed portfolio is designed to help homeowners prepare for the Spring mowing season with confidence. The 2026 lineup introduces fresh looks and premium features across Husqvarna's residential tractor and zero turn categories. From compact yard tractors to high-performance zero-turn models built for maximum productivity, the new portfolio is engineered to provide smoother rides, greater control, and superior cut quality. 2026 Residential Riding Mowers The new TS 120, TS 140X Series tractors starting at $2,499 US MSRP, feature high performing Air Induction™ mowing technology for improved cut quality and durability (42"/48"/54"). The TS 140X takes comfort and design to the next step with plush new seats and the addition of fender covers with built-in handholds for stability. The TS 275XD and TS 375XD tractors are designed for durability with heavy duty chassis, rugged fabricated cutting decks 48" or 54", smooth Kawasaki engine power and the traction advantage of locking differentials and aggressive tread tires. All Husqvarna tractors feature smooth pedal activated hydrostatic drive systems and metal hoods with powder coat paint for looks that last. 2026 Residential Zero-Turn Mowers The new zero-turn mower assortment includes the Z 275X Series, Z 345, and MZ Series. Key comfort upgrades center around new full suspension seats on Z275X and select MZ models, while the Z345 features a 4-point suspension platform. These new suspension systems are adjustable for weight, and with thicker seat cushions, the Z 345 makes smooth work of rough ground. All residential zero turn models feature high performing fabricated cutting decks from 42" to 61", rugged steel chassis and reliable Kawasaki engines. Along with refreshed looks and new suspension seats, the workhorse MZ series takes durability to the next level with welded 2" x 3" frames, commercial quality hydrostatic drive systems with 23" tires and the availability of roll over protection (ROPS) on select models. All 2026 residential tractors and zero turn mowers are available now through Husqvarna dealers and select retailers nationwide. Announcement • Mar 27
Husqvarna AB (publ) to Report Fiscal Year 2025 Final Results on Mar 26, 2026 Husqvarna AB (publ) announced that they will report fiscal year 2025 final results on Mar 26, 2026 Announcement • Oct 17
Husqvarna Group Reveals Ai Vision Robotic Lawnmowers for 2026 Husqvarna Group is accelerating its innovation journey with the launch of seven robotic lawnmowers featuring AI Vision and night-time operation cameras. This expansion marks a key milestone in the Group's leadership in intelligent, low-carbon lawn care solutions for both residential and professional users. There will be new residential robotic mowers from Gardena and Husqvarna, featuring advanced camera-led AI navigation for wire-free installation, precise edge detection, and smart obstacle avoidance. Covering gardens from 400 m2 to 7,500 m2, these models deliver high adaptability and robust performance, including night-time IR camera on these new Husqvarna Automower NERA models. For professional users, Husqvarna unveils the Automower 540 EPOS, a robust solution for facilities up to 8,000 m2. It is compatible with the new AI Vision accessory launching in 2026, which also extends to three previously launched AI Vision ready EPOS models. Announcement • Sep 26
Husqvarna AB (Publ) Announces Change of Employee Representative on Board Husqvarna AB (publ) announced that Vladimir Gutic has been appointed as deputy employee representative of the Federation of Salaried Employees in Industry and Services on the Board of Directors of Husqvarna AB, effective 27 September 2025. Vladimir Gutic replaces Anders Köhler, who is leaving the company. Announcement • Sep 19
Husqvarna AB (publ), Annual General Meeting, Apr 16, 2026 Husqvarna AB (publ), Annual General Meeting, Apr 16, 2026. Announcement • Jul 18
Husqvarna AB (Publ) Appoints Glen Instone as the New CEO, Effective August 11, 2025 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. Glen Instone, 48, was born in England, is a Chartered Management Accountant (ACMA), and holds a B.A. (Hons) in Accounting & Finance. Glen joined the company in 2002 and has been a part of Group Management since 2018. Apart from his current position as President of the Husqvarna Forest and Garden Division, he was earlier Group CFO and has held various positions within the Forest and Garden Division, including Vice President Global Sales & Services and CFO. Announcement • Jun 10
Husqvarna Group Announces Executive Changes, Effective September 8, 2025 Husqvarna Group has appointed Emelie Alm as Head of Investor Relations, effective September 8, 2025. Emelie is currently Head of Investor Relations at Alleima and has previously held similar roles at Sandvik, Viaplay, and MTG. She will report to Terry Burke, Chief Financial Officer of Husqvarna Group. Emelie succeed s Johan Andersson, who will pursue a new opportunity outside the Group. Announcement • Apr 25
Pavel Hajman to Leave His Position as Husqvarna Group CEO by End of 2025 Husqvarna Group announced Pavel Hajman has, by mutual agreement with the Board of Directors, decided to step down from his role as CEO and Board Member as soon as a permanent successor is appointed, likely in late 2025. Pavel Hajman joined Husqvarna Group in 2014, and has been CEO since May 2023, after having served as Acting CEO from December 2022. Prior positions held by Pavel Hajman within the Group include Executive Vice President of Global Information Services (2020-2022), Senior Vice President of Operations Development (2018-2020), and President of the Husqvarna Forest & Garden Division (2014-2018). Announcement • Apr 15
Husqvarna Introduces the Powerful Backpack Blower with the 590BTS and 590BFS Husqvarna introduced the Husqvarna 590BTS and 590BFS for professional use. Engineered for unparalleled performance, the all-new backpack blowers boast an 56 Newtons of blow force and deliver 1245 CFM of air volume. Powered by a robust 79.4 cc X-TORQ engine, the 590BTS and 5 90BFS set a new standard in power-to-weight ratio, giving them the title of world's most powerful backpack blower. Designed for ease and efficiency, the Husqvarna 590 BTS and 590BFS Backpack Blowers feature an AutoTune controlled carburetor to adjust air/fuel mixture automatically, optimizing performance across varying conditions. The Backpack Blowers also have a new simplified starting procedure with an easy "start" button that eliminates the need for a manual choke. Simply press the button, purge the engine and pull to start. To ensure comfort and support for professionals, the Husqvarna 5 90BTS and 590B FS also include benefits like an ergonomic padded harness with a waist belt, a ventilated back pad and LowVib technology to reduce operator fatigue. The top-mounted adjustable right handle also caters to users of all sizes, while load lifter straps ensure a tailored fit. Additional conveniences include a cruise control feature, a commercial-grade 3-stage air filter and the fuel tank for extended runtimes between fill-ups. To accommodate user preference, the 590BTS features a tube-mounted throttle, while the 590BFS comes with a frame-mounted throttle. Announcement • Mar 20
Husqvarna Announces Launch of Automower iQ Series Husqvarna presents the future of mowing with the launch of the Automower iQ Series, celebrating three decades of robotic lawn care. Husqvarna's newest offering defines the category, with wire-free, smart robotic mowers that can be fully customized to work in any yard. The Automower iQ Series helps homeowners achieve a beautifully manicured lawn 24/7, delivering superior cut quality without the hassle of traditional mowing. The Automower® iQ Series utilizes Husqvarna EPOS™ technology and radar odometry to enable wire-free mowing. For homes where satellite technology may not be suitable, Husqvarna offers a flexible solution - all Automower® iQSeries models support partial or fully wired installations, ensuring they meet the needs of any property. With coverage ranging from 1/4 to 2 acres, the Automower® iQ series also offers the following benefits: Wide Range of Cut Heights: Cut heights for all grass types (1"- 4"); Superior, Purpose-Built Design: Upgraded bumper design and larger wheels for easy navigation over slopes, obstacles, and other surface transitions; Pattern Mowing: Choose from a variety of patterns, such as parallel stripes and checkerboard, all while maintaining an even lawn; Total Control: Use the Automower® Connect app to customize cut height, select mowing pattern, set schedules, and more, for the ideal landscape. The all-new lineup includes four new models, including: Automower® 410 iQ: USD 2,999.99/CAD 4,199.99 CAD; Automower®? 420 iQ: $3,499.99 USD /4,899.99 CAD; Automower™ 440 iQ: USD 4,299.99/CAD 5,999.99 CAD; Automower 435 iQ AWD (All-Wheel Drive): USD 4,999.99/CAD 6,599.99 CAD. Announcement • Mar 18
Husqvarna Group Announces Executive Changes, Effective May 31, 2025 Husqvarna Group announced that its General Counsel, Brian Belanger, will be leaving the Group and that Sophie Jonsson will be appointed as his successor, effective May 31, 2025. Brian joined Husqvarna Group in 2006 and has been General Counsel and a member of Group Management since 2015. He is leaving the group to pursue an external opportunity. Sophie has been employed with the Husqvarna Group since 2010 and has been the Divisional General Counsel for the Husqvarna Forest & Garden Division since 2018. Sophie will join the Group Management team, reporting to the Group CEO. Announcement • Feb 07
Husqvarna AB (Publ) Proposes Dividend for 2024 The Board of Directors of Husqvarna AB (publ) will propose a dividend for 2024 of SEK 1.00 per share (3.00) to the Annual General Meeting. Announcement • Feb 06
Husqvarna Group Introduces 13 New Boundary Wire-Free Robotic Lawnmowers Husqvarna Group announced the expansion of its boundary wire-free robotic lawnmower range with 13 new models for the 2025 season. This brings the total to 24 boundary wire-free models, catering to both residential and professional customers, with capabilities for lawns from 600 sqm to over 50,000 sqm. This expansion strengthens the Group's position within autonomous lawnmowing with the offering on the market - built to last. Strengthened Residential Ass assortment. Husqvarna has upgraded all mowers in the residential Husqvarna Automower NERA range with systematic mowing capabilities. This upgrade, also available for products already in use, increases cutting area capacity by 50% and allows for patterned lawn designs like stripes or checkerboards. The company also introduces Husqvarna Cloud, which offers wire-free mowing and user convenience without the need for an external reference station. The new residential models from Gardena will be the Group's first boundary wire-free models to be sold in retail channel, such as DIY stores, garden centers and e-commerce. These models are designed to provide homeowners with a seamless and efficient lawn care experience, utilizing GPS-guided technology without the need to install a reference station. The four new professional mowers expand the offering for maintaining large green spaces such as sports fields, golf courses and parks, ensuring high-quality turf management with minimal effort. These mowers are future-proofed and prepared for adding functionalities like advanced AI-driven features like night vision and obstacle avoidance in 2026, further raising the bar in professional landscaping solutions. Announcement • Jan 29
Husqvarna Expands Its Line of Professional Robotic Lawn Mowers with Two New Cutting-Edge Models Husqvarna announced two new robotic lawn mowers for commercial use. The new Automower 535 AWD EPOS and Automower 580L EPOS further Husqvarna's commitment to providing autonomous solutions and revolutionizing turf management for golf courses, sports fields, and facility maintenance. The announcement comes ahead of the GCSAA Conference and Trade Show from February 3-6, 2025, in San Diego, California, where Husqvarna will showcase the new Automower models for turf care professionals. Both models offer wire-free operation and systematic mowing via EPOS technology as well as total control and increased efficiency when bundled with Husqvarna Fleet Services. The Automower 535 AWDEPOS is ideal for professionals needing a robotic solution for hilly areas on medium-sized commercial turf, including golf courses, sports fields, or facilities. It offers exceptional slope performance, handling slopes up to 70% (35 degrees) with All Wheel Drive mowing. Additional features include warning lights, FOTA (Firmware Over-The-Air) updates, and a 5-blade cutting disc, making it a versatile and efficient choice for areas up to 0.9 acres. The Automower 580L EPOS is a powerful robotic mower built for professionals maintaining golf course roughs, fairways, tee decks, and sports fields such as soccer, football, and baseball. Capable of handling high-quality turf up to two acres, it maximizes productivity, uptime, and longevity with its powerful 80W cutting motor, adjustable cutting height down to 10mm, rotating wheel brushes, advanced object avoidance, and a durable rubberized body that offers extra protection against golf ball impacts. The Husqvarna Automower 535 AWD EpOS will be available beginning February 2025 and the Automower 580L EPOS will be available beginning March 2025. The new models will expand Husqvarna's portfolio of professional robotic solutions, solidifying its position as a leader in autonomous turf care technology. Announcement • Nov 14
Tom Johnstone Declines Re-Election as Chair of the Board of Husqvarna AB Tom Johnstone declines re-election as Chair of the Board of Husqvarna AB. He will remain as Board Chair until the next Annual General Meeting, to be held on April 29, 2025. Tom Johnstone has served as the Chair of the Board of Husqvarna AB since 2015 and has been a member of the Board since 2006. Torbjörn Lööf has been part of Husqvarna's Board of Directors since 2023 and was elected Deputy Chair of the Board at the Board's statutory board meeting held in connection with the 2024 Annual General Meeting. Announcement • Oct 18
Husqvarna Group Appoints Maha Elkharbotly as President of the Gardena Division, Effective January 1, 2025 Husqvarna Group announced Maha Elkharbotly has been appointed president of the Gardena Division and will also be a member of Husqvarna Group's executive management team. Maha Elkharbotly holds an MBA in Marketing from the University of Illinois and is currently President at I-Health, a wholly owned subsidiary of?DSM Firmenich. Maha has previously held multiple executive positions at DSM Firmenich, LIXIL, Grohe and Whirlpool. Maha Elkharbotly will be based in Ulm, Germany and assume her new position within the Gardena Division on January 1, 2025. Announcement • Oct 17
Husqvarna Group Unveils Four New High-Performance Robotic Lawnmowers, Continuing to Revolutionize Professional Green Space Management Husqvarna Group announced four new powerful robotic lawnmowers for commercial use. These cutting-edge models expand the boundary wire-free offering, enhancing flexibility and continue to revolutionize turf management for sports fields, golf courses, and facility maintenance. The new Husqvarna Automower models - 580L EPOS, 580 EPOS, 560 EPOS, and an updated 535 AWD EPOS - showcase the company's dedication to innovative landscaping technology. All four models offer features such as precision GPS navigation, boundary wire-free mowing, and selectable cutting patterns. These capabilities enable effortless and efficient turf management, designed to save time, reduce emissions, cut costs, and elevate turf quality for commercial users. Future-proofed, the 560 and 580 models will also gain functionalities like solar panel compatibility and advanced AI-driven features such as night vision and obstacle avoidance by 2026, further raising the bar in professional landscaping solutions. Key Facts about the new powerful boundary wire-free models: Automower 580 EPOS.: Ideal for sports fields with its ability to mow large areas in patterns. Capacity up to 16,000 m2. Automower 580L EPOS.: Suitable for golf course with its low-cut disc cutting as low as 10 mm. Capacity up to 16, million m2. Automower 560 EPOS: Designed for facilities with optimized uptime and excellent slope performance. Capacity up to 12,000 m2. Automower 535 AWD EPOS: Updated EPOS version of 535 AWD. Specialized for rough, hilly and undulated terrain areas around golf courses. Capacity up to 6,000 m2. Available globally from March 2025, the new models expand Husqvarna's portfolio of professional robotic solutions, solidifying its position as a leader in autonomous turf care technology. Since launching Husqvarna CEORA in 2021, the Group has experienced double-digit growth in professional robotic lawnmowers annually. In 2025, Husqvarna Group aims to launch a total of ten new boundary wire-free robotic lawnmowers for professional and residential customers. Announcement • Sep 25
Silchester Continuation Limited acquired 5% stake in Husqvarna AB (publ) (OM:HUSQ B). Silchester Continuation Limited acquired 5% stake in Husqvarna AB (publ) (OM:HUSQ B) on September 24, 2024.
Silchester Continuation Limited completed the acquisition of 5% stake in Husqvarna AB (publ) (OM:HUSQ B) on September 24, 2024. Announcement • Sep 22
Husqvarna AB (publ), Annual General Meeting, Apr 29, 2025 Husqvarna AB (publ), Annual General Meeting, Apr 29, 2025. Announcement • Aug 23
Husqvarna AB (publ) (OM:HUSQ B) signed an agreement to acquire InCeres Desenvolvimento de Software e Processamento de Dados S.A. Husqvarna AB (publ) (OM:HUSQ B) signed an agreement to acquire InCeres Desenvolvimento de Software e Processamento de Dados S.A. on August 23, 2024. InCeres has 35 employees and total sales in 2023 amounted to SEK 9.3 million, growing 50% since 2022. InCeres will be integrated in the Light Agriculture business unit in the Husqvarna Forest & Garden Division. The ambition for the Light Agriculture business unit is to provide the means for sustainable food security to people around the world. Completion of the transaction is subject to certain conditions precedent, including antitrust approval by the local authority. Announcement • Jun 05
Husqvarna Group Announces Executive Changes Husqvarna Group has appointed Claus Andersen as the interim President of the Gardena Division until a permanent successor to Pär Åström has been appointed. Claus has held the position of Senior Vice President Finance for the Gardena Division since 2017. During his interim role Claus will be a part of the Group Management team. The recruitment of a permanent successor is ongoing. Announcement • Apr 20
Husqvarna AB Appoints Torbjörn Lööf as Deputy Chair of the Board The Board of Directors of Husqvarna AB resolved to establish the role of "Deputy Chair of the Board" andto appoint Board member Torbjörn Lööf in such new role. Announcement • Apr 02
Husqvarna Launches Another Game-Changing Innovation in Chainsaws Husqvarna has done it again, revolutionizing how tree pros approach their workday with the introduction of the world's first battery-powered chainsaws with a clutch. With the power equivalent of a 40cc gas engine, the T542i XP and 542i XP chainsaws are "coming in clutch" and elevating the game of industry-renowned Husqvarna battery-powered performance. With the introduction of the clutch, users experience a kick-start of energy at the beginning of every cut as the clutch engages. Users can cut up to 10% more when compared to Husqvarna's current professional 40 V battery chainsaw platform without the clutch feature. Equipped with a clutch, the new T542iXP and 542i XP provide the familiar feel of a gas-powered engine, but with a fraction of the noise and no fumes. With the average takedown of a tree requiring up to 40 pull-starts, the ability to start these saws with the push of a button means climbing arborists can maximize efficiency while on-the-job. Operating on Husqvarna's 40 V ecosystem, the T542i X-Precision cutting equipment to further enhance the cutting performance of the chainsaw. Announcement • Mar 28
Husqvarna Group Expands Virtual Boundary Robotic Lawn Mower Range to Medium-Sized Gardens Husqvarna Group introduced two new models of Husqvarna Automower specifically designed for medium-sized gardens. The new models, Automower 310E NERA and Automower 410XE NERA, seamlessly integrate with Husqvarna's EPOS1 satellite navigation system and features the new EdgeCut technology, ensuring neatly trimmed lawn edges. Last year, Husqvarna Group introduced a new era of robotic lawn care with the NERA series, eliminating the need for physical boundary wires in residential gardens. Now, the range expands with two models tailored for lawns up to 1000 square meters. Husqvarna Automower 310E Nera and 410XE NERA leverage Husqvarna's reliable EPOS satellite navigation system, providing precision down to 2-3 cm. Users can easily define virtual boundaries in their gardens using the Automower Connect app, which also allows customization of work areas, avoidance zones, and electronic height adjustments. The new models also introduce Husqvarna's groundbreaking EdgeCut technology, ensuring perfectly trimmed lawn edges by utilizing an additional smaller cutting disc at the rear of the robot. Additionally, the 410XE NERA features radar technology, enabling it to navigate around objects on the lawn, preventing interruptions caused by toys or other items left behind. Announcement • Mar 16
Husqvarna AB (publ) Proposes Dividend for the Financial Year 2023, Payable on April 25, 2024 and October 25, 2024 Respectively Husqvarna AB (publ) proposed a dividend for the financial year 2023 of SEK 3.00 per share, to be paid in two installments, firstly SEK 1.00 per share with April 22, 2024 as the first record day, and secondly SEK 2.00 per share with October 22, 2024 as the second record day. Assuming the AGM resolves in accordance with the Board of Directors' proposal, the estimated (i) last day for trading in Husqvarna shares with right to the applicable part of the dividend payment (ii) applicable record day, and (iii) date for payment from Euroclear Sweden AB for each of the installments are as follows: First Installment's Record Day is April 22, 2024 and Payment Date is April 25, 2024.Second Installment's Record Day is October 22, 2024 and Payment Date is October 25, 2024. Announcement • Mar 13
Husqvarna AB (publ) signed an agreement to acquire ET Water Systems, Inc. from Jain Irrigation, Inc. Husqvarna AB (publ) signed an agreement to acquire ET Water Systems, Inc. from Jain Irrigation, Inc. on March 13, 2024. ETwater has a total of ten employees and sales amounted to $2.6 million in 2023. The transaction is expected to close in March 2024. Announcement • Jan 23
Husqvarna AB (Publ) Announces Pär Åström to Leave Husqvarna Group, Effective June 30, 2024 Husqvarna AB (publ) announced that Pär Åström, President of the Gardena Division, has decided to take a position outside of Husqvarna Group. His last day at Husqvarna Group is planned to be June 30, 2024. Pär Åström joined Husqvarna Group in 2013. He has held several senior management positions and has been a member of Group Management since 2015. The recruitment of Pär's successor will start immediately. Announcement • Jan 18
Husqvarna Group Expands its Max Battery Series Product Line with Attachment-Capable Powerhead that Offers More Than Fifteen Tools in One Husqvarna Group is expanding its Max Battery Series product line of battery-powered residential tools with the addition of the Husqvarna 330iK Combi Switch. The 330iK Combi Switch is an innovative tool that can effortlessly operate as a grass trimmer, hedge trimmer, edger, pole saw, tiller or sweeper with Husqvarna's wide range of attachments. A quick connection system makes it easy to switch between attachments on one machine. In addition to convenience, the 330iK is 60% more powerful than its predecessor and is supported by a high-performance motor with 8500 RPM to complete outdoor tasks confidently. Active cooling and a high-efficiency brushless motor deliver a long runtime and uninterrupted battery power. The 330iK Combi Switch is universally compatible with all Husqvarna LK attachments and can be purchased in the following kitted versions: 330iKE (Kit w/Edger): Experience clean and precise edging with this edger attachment that offers a 2.5-inch cutting depth and 8-inch steel cutting blade to provide maximum performance and efficiency. 330iKL (Kit w/String trimmer): Spend less time trimming with this string trimmer attachment equipped with an 18-inch cutting path and RapidReplace trimmer head. 330iKP (Kit w/Pole saw): Trim hard-to-reach branches with this pole saw attachment which reaches up to 12 feet and is equipped with a 10-inch guide bar that cuts up to 8-inch limbs. Announcement • Dec 21
Husqvarna Group Establishes International Advisory Board of Biodiversity Experts Husqvarna Group is assembling a team of experts for the newly formed Husqvarna International Biodiversity Advisory Board. This distinguished panel of senior academic representatives will serve as Husqvarna Group's guiding force in the realms of market and product development, aligning with the COP 15 commitment to safeguard and restore biodiversity by 2030. Members of Husqvarna International Biodiversity Advisory Board: Chairman Thomas Elmqvist, PhD, professor in Natural Resource Management at Stockholm Resilience Centre, Stockholm University. His research is mainly focused on urbanization, urban biodiversity, and ecosystem services. Sandra Lavorel, functional ecologist at the French CNRS with 20 years’ experience in interdisciplinary research on global change, ecosystem services and sustainability, at scales ranging from local to regional and global. Dr. Steven Handel, Distinguished Professor of Ecology Emeritus at Rutgers University, and formerly Visiting Professor at Harvard University’s Graduate School of Design, studies the restoration ecology of urban habitats. Cecilia Polacow Herzog, urban landscape planner, professor at the Pontifical Catholic University of Rio de Janeiro. Announcement • Nov 29
Husqvarna Group Launches an Innovative Redesign of A Legendary Workhorse Husqvarna Group announced the advancement of their legendary product lineup with the launch of the 562 XP® Mark II. This unveiling marks a new era in chainsaw innovation, leveraging Husqvarna's expertise in tree care and engineering to design a product that dominates in even the most challenging work environments. The result is a new generation of Husqvarna chainsaws that is easy to handle and tough to beat. The 562 XP® Mark II features a new and improved engine design plus AutoTune™ 3.0 technology for easier starting. It boasts an enhanced power-to-weight ratio and an ergonomic body design for unbeatable handling and maneuverability. Moreover, it delivers an extended runtime, with up to 8% less fuel consumption when compared to the previous generation. The 562 XP® Mark II is more than just an upgrade; it is a testament to relentless improvement. Nearly every facet of its design has been fine-tuned to increase durability, improve cutting capacity, reduce weight, and enhance cooling. The result? Unparalleled productivity and uncompromising reliability. The 562 XP® Mark II is now available at your local Husqvarna dealer. Announcement • Nov 17
Husqvarna AB (publ) Announces Resignation of Erik Winberg as Executive Vice President Strategy & Innovation, and Member of the Group Management, Effective by December 31, 2023 Husqvarna AB (publ) announced that Erik Winberg, Executive Vice President Strategy & Innovation, and member of the Group Management will leave Husqvarna Group by December 31, 2023. As announced in the 2023 Third Quarter Report, efforts are initiated throughout the Group to increase organizational and operational efficiency. As a result of this, the Group Strategy & Innovation function will be distributed into the existing Group function management structures. Announcement • Oct 28
Husqvarna Launches Pro Insider, an Online Learning Platform That Rewards Its Users Husqvarna is ushering in a new era for online learning with the launch of Pro Insider, a state-of-the-art web-based learning management system providing users with interactive learning opportunities for professional products and solutions, in addition to industry best practices. Husqvarna Pro Insider offers short, high-quality video courses on topics from personal protective equipment (PPE), equipment usage, product technology, accessories and more. To foster engagement with the courses, Pro Insider leverages "Watch and Earn." For every course completed, users earn coins that can be redeemed for merchandise within the Husqvarna store. Each self-paced course is less than five minutes, making it easy for busy professionals to learn on their own schedules from anywhere. With an aim to offer options for commercial landscapers, tree care professionals, dealers and enthusiasts of all levels, Pro Insider is one of many online educational opportunities that Husqvarna offers including the Chainsaw Academy and Husqvarna University. Announcement • Aug 30
Husqvarna AB (publ) Announces Change in Employee Representatives to the Board of Directors Dan Byström has been appointed as the Swedish Confederation of Trade Union's employee representative to the Board of Directors of Husqvarna AB, effective 1st of September 2023. Dan Byström is replacing Daniel Tornberg who has left Husqvarna Group. Dan Byström was previously the Swedish Confederation of Trade Union's deputy employee representative. A new deputy employee representative has not yet been appointed. Announcement • Jul 18
Husqvarna Group Appoints Robert Hafredal as New EVP Global Information Services and Group Cio, Effective August 1, 2023 Robert Hafredal is appointed Husqvarna Group's new EVP Global Information Services and Group CIO, effective August 1, 2023. Robert has held the position as acting EVP Global Information Services since December 2022. Since joining the Husqvarna Group in 2010, Robert Hafredal has held various leadership positions, including as Vice President IT Services and Solutions within Husqvarna Forest & Garden, Vice President Digital Commerce and Vice President Group Supply Chain Management. Robert Hafredal will assume his new role as of August 1, 2023. Announcement • May 17
Husqvarna AB (Publ) Launches 525I Battery Series with Performance Meeting 25Cc Batteries Husqvarna is charging into the future with the launch of its 525i Battery Series product line that features a powerful new string trimmer and two dedicated edgers engineered to produce high-precision results while meeting the demands of daily use. All 525i Battery Series products are equipped with a Husqvarna E-Torq motor which supplies the power needed to meet the performance of 25cc petrol equivalents while exceeding them in torque. A metal skid-plate over the gearbox protects the machine from daily wear and tear and accidental drops. All-day comfort is also top-of-mind as each machine includes ergonomically placed rubber grips for a more comfortable workday. Additionally, the series is IPX4 certified for weather resistance so users can operate the equipment rain or shine. The Husqvarna 525i Battery Series product line includes: 525iLST (String Trimmer): The 525iLST String Trimmer is a robust, high-performance professional battery grass trimmer that's lightweight, well-balanced and achieves both a clean and precise cut. Designed for full-time use and complete with largest-in-class 18.1" cutting diameter, this trimmer is also equipped with a metal skid plate to protect the motor from daily wear and tear. 525iES (Stight-shaft Edger): The 525iES Straight-shaft Edger has plenty of power to tear through harderirt (with high clay content) and grass daily without getting bogged down. The 525iES has an 8" standard steel blade which gives landscapers the ability to cut clean, crisp lines in the grass and dirt against solid perimeters. This battery edger offers a comfortable loop handle and intuitive keypad with a 3-speed mode and battery status indicator. 525iECS (Curved-shaft Edger): the 525iECS Curved-shaft Edger features a faster blade speed that's nearly double the speed of a straight edger, making it an ideal tool for lighter-duty edging. The offset design also gives the operator a better view of the blade and while deflecting debris. To complement the innovative 525i Series line of tools, Husqvarna is also releasing an overnight charging rail to help landscape and greenspace professionals charge up to eight batteries, in parallel on one plug. The Husqvarna 40-C80 Charging Rail charges batteries slowly overnight, helping to support a longer lifetime for the batteries. The charging rail can also be mounted on a workshop or trailer wall to keep workspaces clear and organized. Announcement • May 05
Husqvarna Group Appoints Pavel Hajman as Group CEO Husqvarna Group announced in January 2023, the board of the company announced that it would start a recruitment process to identify a new CEO, with Pavel continuing as interim CEO. That recruitment process is now completed, with the board appointing Pavel Hajman to continue as Group CEO. Pavel has been acting CEO since December 2022, following a career of more than 30 years in leading positions within and outside Husqvarna Group. Pavel Hajman has been a part of the Group Management team since 2014 and has a history within Husqvarna Group as President for Husqvarna Forest & Garden, SVP Operations Development and SVP IT. Prior to joining Husqvarna Group, Pavel held various leading positions within Seco Tools and Assa Abloy in Europe and Asia. Announcement • May 04
Husqvarna Announces the Next Level of Tree Care Tools with the Launch of the T540 XP® Mark III and New Line of Arborist Gear Husqvarna announced the next level of tree care tools with the launch of the T540 XP® Mark III and new line of arborist gear. These innovations by Husqvarna Group, one of the manufacturers of innovative outdoor power equipment products, are part of a full ecosystem of tools enabling arborists to do their most demanding tasks with greater ease. Remastered for reliability, the new T540 XP® Mark III responds to the needs expressed by arborists for greater power, productivity and maneuverability with products that get the job done safely, efficiently and effectively. The new top-handle T540 XP® Mark III was redesigned following consumer feedback resulting in a lightweight, balanced, and agile chainsaw for climbing and cutting. With a high cutting capacity, the T540 XP® Mark III was redeveloped to ensure maximum reliability and trusted performance over hours of use. Its lightweight ergonomic design aids operator comfort and AutoTune™ 3.0 technology enables simple start technology and ensures peak performance even in the toughest of environments. This chainsaw represents the next generation of products designed with—and for—professional arborists. The engine power of the T540 XP® Mark III is enhanced with Husqvarna's SP21G X-CUT chain, maximizing precision and productivity. AutoTune 3.0 technology allows tree pros to use the same starting procedure on hot or cold starts, with no risk of flooding. Husqvarna's X-Torq engine design delivers impressive power and LowVib technology reduces handle vibration. Added versatility comes from double eyelets that make it easy to attach and remove from the climbing harness keeping it closer to the body while climbing. Additionally, Husqvarna's new range of arborist climbing gear designed in collaboration with industry leader Teufelberger offers the ultimate in performance, durability, and reliability. High quality meets functional design in the form of a climbing harness, positioning lanyard, anti-shock chainsaw lanyard and mini-carabiners. Husqvarna also designed and created a new gear bag to keep gear organized. Rigorously tested, Husqvarna climbing gear products meet or exceed global safety standards and are built to last. The T540 XP® Mark III and arborist gear are available at your local dealer and online. Husqvarna's new rear-handled 540 XP® Mark III chainsaw will be available this summer. Announcement • Feb 16
Husqvarna Group Announces Its First Range Supporting the Power for All Battery Solution Husqvar is now launching a complete product range that supports the Power for All battery system. The Husqvarna Aspire range includes a robotic mower, walk behind mower, grass trimmer, pruner, hedge trimmer and blower. The Power for All Alliance is cross-brand battery alliances and was co-founded by Husqvarna Group, through its Gardena brand, and Bosch in 2020. The Husqvarna brand joined the Power for All Alliance in 2022, now enabling consumers to use the same 18V battery for multiple devices in and around their home and garden, regardless of manufacturer. Husqvarna Group also develops and manufactures high-performing 36V and 94V battery solutions in-house, with the aim to maximize performance and provide tailored solutions for professionals and discerning consumers. - Electrification is changing society and is essential in the transition to a low-carbon economy. Husqvarna Group is on an electrification journey with great ambitions to enable garden owners to shift from fossil fuel to battery-powered products. Successful collaborations and powerful batteries really make a difference in this progress, says Pavel Hajman, acting CEO of Husqvarna Group. Announcement • Feb 03
Husqvarna AB Announces Henric Andersson Will Leave as Board Member Husqvarna Group announced that pursuant to a mutual agreement signed on February 2, 2023, Henric Andersson will leave his role as Board Member of Husqvarna AB, effective immediately. He will remain employed by the Group until March 31, 2023. Announcement • Jan 20
Husqvarna AB (publ) Announces CEO Changes Husqvarna AB (publ) announced that Henric Andersson, who is currently on leave of absence for medical treatment, is unlikely to return to active status as Group CEO due to personal reasons. Therefore, the Board is initiating a process to identify a potential permanent successor. The Board is initiating a process to search for a potential successor. Until further notice, Pavel Hajman will continue in his current role as acting CEO.