Releases - Husqvarna AB

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Conversion of shares

1/31/2012 3:00 AM EST
According to Husqvarna AB´s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in Husqvarna AB. When such a conversion has occurred, the company is obligated by the Act on Trading in Financial Instruments to disclose any such change.

In January 2012, at the request of shareholders, 500,259 Class A shares were...

Changes in Husqvarna’s Group Management

12/21/2011 3:06 AM EST
Effective January 1, 2012, Henric Andersson has been appointed Executive Vice President, Head of Product Management and Development, replacing Anders Ströby, who has been acting in this role since November 1, 2011.

Henric joined Husqvarna in 1997 and has had numerous roles in product, business and category management. Most recently he has held the position VP Construction Equipment within the Construction business...

Hans Linnarson, CEO and President of Husqvarna

12/2/2011 2:00 AM EST
Hans Linnarson, acting CEO and President of Husqvarna, has been appointed CEO and President of the company.

“We are very pleased with Hans' work as acting CEO and President for Husqvarna and the Board of Directors has full confidence in his abilities to lead the Husqvarna Group”, says Lars Westerberg, Chairman of the Board.

"After a thorough search process initiated during the summer, Husqvarna's Board concluded...

Clarification regarding trading halt in Husqvarna’s shares

11/14/2011 4:35 AM EST
Based on NASDAQ OMX Stockholm’s decision to halt the trading of Husqvarna’s shares due to information in media, Husqvarna makes the following clarification:

In an interview with Bloomberg published on November 11, Husqvarna’s Acting CEO and President Hans Linnarson commented on the ambitions for business area Americas. The aim is to achieve an operating margin of 5 percent within three to five years.

The above...

Conversion of shares

10/31/2011 8:15 AM EST
According to Husqvarna AB´s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in Husqvarna AB. When such a conversion has occurred, the company is obligated by the Act on Trading in Financial Instruments to disclose any such change.

During the third quarter 2011, at the request of shareholders, 1,057,629...

Conversion of shares

10/28/2011 3:12 AM EST
According to Husqvarna AB´s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in Husqvarna AB. When such a conversion has occurred, the company is obligated by the Act on Trading in Financial Instruments to disclose any such change.

During the third quarter 2011, at the request of shareholders, 1,057,629...

Interim report January - September 2011

10/20/2011 2:00 AM EST
Hans Linnarson, Acting CEO and President: ”Husqvarna’s consumer business has been affected by the slowdown in the global consumer demand, the uncertain economic environment and the unfavorable weather. Operating income for the third quarter declined, mainly as a result of lower sales, unfavorable mix and higher costs. We have maintained our market positions for forest and garden products both inEuropeandNorth...

Invitation – third quarter results presentation

10/5/2011 9:00 AM EST
Husqvarna’s results for the third quarter 2011 will be published on October 20.
The report will be released at around 08:00 CET and will be available at www.husqvarna.com/ir where the conference call slides also will be posted.
Results presentation; conference call and audio cast at 11:00CET
Financial analysts and media are invited to a presentation of the results at 11:00 CET the same day hosted by Hans...
Per Ericson
 

New Head of HR at Husqvarna

9/29/2011 3:00 AM EST
Per Ericson has been appointed Senior Vice President, Human Resources at Husqvarna as of October 5, 2011. He succeeds Lars Worsöe-Petersen who has decided to leave for a position outside Husqvarna. Per Ericson will report to President and acting CEO Hans Linnarson and be member of Group Management.

Per Ericson was most recently with Haldex, where he held the position as Head of HR globally.

“We thank Lars for his...

Company update

9/26/2011 9:00 AM EST
Continued economic uncertainty

Husqvarna is a consumer oriented company in the discretionary capital goods industry, and has been negatively affected by the slowdown in the global consumer demand and the uncertain economic environment in combination with unfavorable weather. Due to the demand situation, a hiring freeze has been implemented for the entire Group until further notice. The fourth quarter which normally...

Husqvarna AB

The Husqvarna Group is the world’s largest producer of outdoor power products including chainsaws, trimmers, lawn mowers and garden tractors. The Group is also the European leader in consumer watering products and one of...

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