Releases - Husqvarna AB

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2007

 

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Dates for financial reports from Husqvarna in 2008

12/28/2007 5:45 AM EST
Consolidated results for 2007
The report for the fourth quarter and the full year 2007 will be published on 15 February 2008 and not 14 February as previously communicated.

Other reports
April 23 Interim report for January-March (date of Annual General Meeting)
July 18 Interim report for January-June
October 23 Interim report for January-September


For more information, please contact Åsa Stenqvist,...

Husqvarna expands in Asia

11/6/2007 3:00 AM EST
In connection with the integration of the recently acquired Zenoah operation in Japan, the Husqvarna Group will expand its production base and presence in Asia.

The Group has decided to build a new plant in Changzhou, China, which will replace Zenoah’s existing Chinese plant and is expected to go on-stream in the first quarter of 2009. The new facility represents an investment of approximately SEK 70m and...

Interim Report July - September 2007

10/19/2007 8:40 AM EST
• Net sales for the first nine months rose to SEK 28,088m (24,863), and income for the period to SEK 1,956m (1,6651), corresponding to SEK 5:06 (4:321) per share • Net sales for the third quarter rose to SEK 6,826m (5,392), and operating income declined to SEK 553m (571). Excluding acquisitions and in comparable currencies, net sales rose by 9% and operating income by 4% • Operating income in the quarter was...

License agreement with BMW on Husqvarna brand

10/3/2007 11:30 AM EST
Husqvarna has signed a license agreement with BMW of Germany regarding the use of the Husqvarna brand for motorcycles. The agreement was signed in connection with BMW’s acquisition of the motorcycle-operation from MV Augusta of Italy, which has now been finalized.

The license agreement stipulates that BMW has the right to use the Husqvarna brand for motorcycles as well as related products and services....

Composition of nomination committee

10/3/2007 6:35 AM EST
The Annual General Meeting of Husqvarna AB (publ) will be held on April 23, 2008, in Jönköping, Sweden.

In accordance with the decision by the Annual General Meeting in April 2007, Husqvarna shall have a Nomination Committee consisting of representatives of each of the four largest shareholders in terms of voting rights, and the Chairman of the Husqvarna Board.

The members of the Nomination Committee for the...

Relocation of Husqvarna Head Office in Stockholm

9/12/2007 6:15 AM EST
As of Monday 17 September 2007, Husqvarna will move its Head office to Lindhagensgatan 126 in Stockholm. The previous address was S:t Göransgatan 143. The postal address and telephone number remain unchanged.

Visiting address: Lindhagensgatan 126
Postal address: Box 30224, SE-104 25 Stockholm
Telephone: +46 36 14 65 00

For more information, contact Pontus Ekholm, Manager Communications and Media Relations,...

Half-year Report 2007

7/24/2007 2:00 AM EST
• Net sales for the first half increased to SEK 21,262m (19,471) and income for the period to SEK 1,683m (1,343*), corresponding to SEK 4.36 (3.49*) per share. • Net sales for the second quarter increased by 19% to SEK 12,048m and operating income by 38% to SEK 1,758m, earnings per share increased to SEK 2.77 (2.07*). • Excluding acquisitions, net sales for the second quarter increased by 1% and operating...

Husqvarna acquires Soff-Cut, a US producer of concrete saws

6/5/2007 9:30 AM EST
Husqvarna has acquired Soff-Cut International Inc., based in Corona, California.

Soff-Cut is the leading producer of concrete saws for early entry concrete sawing. This technology enables concrete to be cut before it is fully set, which minimizes the risk of random cracking and also simplifies the working process in comparison with conventional sawing.

In 2006 Soff-Cut reported sales of approximately USD 35.4...

Bulletin from the annual general meeting of Husqvarna AB (publ)

4/20/2007 2:45 AM EST
The Annual General Meeting of Husqvarna AB was held at 4 pm on 19 April 2007 in Jönköping
Board of Directors and remuneration to the Directors and the Auditors
Lars Westerberg, Bengt Andersson, Peggy Bruzelius, Börje Ekholm, Tom Johnstone, Anders Moberg, Gun Nilsson, Peder Ramel and Robert F. Connolly were re-elected to the Board. The number of Board members elected by the AGM will thus remain nine. Lars...

Interim Report January-March 2007

4/19/2007 6:30 AM EST
• Net sales amounted to SEK 9,214m (9,338) and income for the period to SEK 613m (546*), corresponding to SEK 2.07 (1.84*) per share

• Operating income for the first quarter rose to SEK 984m (929), and margin improved to 10.7 % (9.9)

• Good sell-in of consumer garden products to retailers

• Higher sales for Consumer Products in comparable currencies, higher operating income and margin

• Continued strong...

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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