Husqvarna Ab Class A · OMXSTO:HUSQ_A
Husqvarna Ab Class A — Q3 2025 Earnings Presentation
18 slides from Husqvarna Ab Class A's earnings presentation, Oct 21, 2025
Slide 1: Q3 Results – October 21, 2025
Q3 Results – October 21, 2025 Glen Instone, CEO Terry Burke, CFO
Slide 2: Highlights from the Group
Highlights from the Group AI Vision Improved bestseller lawnmowers to Chainsaws Hit reach market in Dealers Ahead of 2026 Fall Season Husqvarna Promising present at >1500 introduction of golf courses Autogrinder globally
Slide 3: Q3 Summary
Q3 Summary Growth in professional and improved EBIT • Flat organic growth with mixed demand • Solid EBIT improvement • Delivering on cost savings • Headwinds from FX and tariffs • Reduced net debt Gearing up for the future • New cost-efficiency measures • Announced new innovations for 2026 3
Slide 4: Growth in the professional segment and improved EBIT in Q3
Growth in the professional segment and improved EBIT in Q3 • Organic growth in the SEK Husqvarna Forest & Garden • Favorable product mix and Construction divisions • Delivering on cost savings NET SALES • Strong growth in the programs OPERATING INCOME SEK 9,204m (9,739) professional segment • Negati
Slide 5: Husqvarna Forest & Garden Division
Husqvarna Forest & Garden Division Q3: Organic growth 1%; operating margin at 4.0% • Strong growth in the professional segment: robotic mowers and handheld • Challenging situation with lower result in North America • Negative effects from currency and tariffs YTD: Organic growth 4%; operating margin
Slide 6: Gardena Division
Gardena Division Q3: Organic growth -7%; operating margin at -9.0% • Growth in the watering business • Decline for robotic mowers and hand tools • Operating income declined slightly due to lower volumes, partly offset by cost savings YTD: Organic growth -2%; operating margin at 10.5% Note: Operating
Slide 7: Husqvarna Construction Division
Husqvarna Construction Division Q3: Organic growth 3%; operating margin at 11.5% • Growth for power cutters and aftermarket sales • Increased EBIT driven by mix, cost savings and operational efficiency • Negative impact from currency effects and tariffs YTD: Organic growth -4%; operating margin at 1
Slide 8: Q3 EBIT bridge (excl. IAC)
Q3 EBIT bridge (excl. IAC) +87m SEKm -15 (+165%) +15 -10 -15 +130 -165 140 (1.5% margin) 53 (0.5% margin) +130 Q3 2024 Volume / Cost savings Price Transformational Currency Tariffs Q3 2025 mix / other initiatives Note: Numbers are rounded to nearest 5 or 0.
Slide 9: YTD EBIT bridge (excl. IAC)
YTD EBIT bridge (excl. IAC) -147m -15 SEKm (-4%) 3,889 -280 3,742 (9.8% margin) +565 -80 (9.5% margin) -280 +150 -230 YTD 2024 Volume / Cost savings Price Transformational Currency Tariffs YTD 2025 mix / other initiatives Note: Numbers are rounded to nearest 5 or 0.
Slide 10: Consolidated balance sheet
Consolidated balance sheet SEKm Sep 30, 2025 Sep 30, 2024 • Solid financial position Non-current assets 29,198 30,360 Inventories 12,248 13,521 • Inventory reduction of SEK 1.3bn Trade receivables 5,730 6,081 Other current assets 2,415 1,846 • Lower borrowings Cash and cash equivalents 3,895 3,428 T
Slide 11: Net debt / EBITDA (R12)
Net debt / EBITDA (R12) Note: average net debt / rolling 12 months EBITDA, excl. items affecting comparability
Slide 12: Direct operating cash flow
Direct operating cash flow 4 598
Slide 13: Robotic mowers grew 12% in YTD 2025
Robotic mowers grew 12% in YTD 2025 Share of robotic mower sales (SEK 7,8bn LTM) Growth YTD ~15% The professional segment >70% Premium / mid-range segment <15% Entry segment
Slide 14: Continued progress on Sustainovate 2025
Continued progress on Sustainovate 2025 CARBON CIRCULAR PEOPLE Reduce absolute CO2 Launch 50 new Empower 5 million emissions by 35% circular innovations people to make sustainable choices Status Q3 2025: Status Q3 2025: Status Q3 2025: -55% 45 5.5m
Slide 15: Q3 Summary
Q3 Summary Growth in professional and improved EBIT • Flat organic growth with mixed demand • Solid EBIT improvement • Delivering on cost savings • Headwinds from FX and tariffs • Reduced net debt Gearing up for the future • New cost-efficiency measures • Announced new innovations for 2026 15
Slide 16: Welcome to attend Husqvarna Group’s Capital Markets Day
Welcome to attend Husqvarna Group’s Capital Markets Day December 10, 2025 Stockholm
Slide 17: Q&A
Q&A
Slide 18: www.husqvarnagroup.com
Husqvarna Group www.husqvarnagroup.com