Husqvarna AB (publ) (HUSQ_B) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.096 Good morning everyone and welcome to the presentation of the second quarter results of 00:00:05.096 -- 00:00:10.441 2026 for Husqvarna Group. My name is Emily Alm and I am Head of Investor Relations. 00:00:10.441 -- 00:00:16.246 I'm joined here today by our CEO Glenn Inston and also our CFO Terry Burke. 00:00:16.246 -- 00:00:22.452 So Terry and Glenn will go through the presentation and we will then have a Q&A session. 00:00:22.452 -- 00:00:25.816 So with that, I would like to hand over to you. 00:00:25.816 -- 00:00:29.920 Thank you, Emily. Good morning, all, and a warm welcome from my side. 00:00:29.920 -- 00:00:32.523 And welcome to our Q2 report. 00:00:32.523 -- 00:00:35.865 So let's jump straight in. 00:00:36.713 -- 00:00:41.576 So following a very strong start to the year with a strong sell-in to our trade partners 00:00:41.576 -- 00:00:46.238 and very successful product launches, Q2 has been somewhat difficult. 00:00:46.238 -- 00:00:50.481 That's been really geopolitical uncertainties and a weaker consumer sentiment has certainly 00:00:50.481 -- 00:00:53.042 weighed on consumer demand. 00:00:53.042 -- 00:00:57.645 And we also had a somewhat unfavorable weather conditions really impacting the first 00:00:57.645 -- 00:01:00.186 half of the quarter, the first six weeks of the quarter. 00:01:00.186 -- 00:01:04.168 And that certainly had an impact particularly in Europe. 00:01:04.182 -- 00:01:07.804 Despite that, we managed to see a good growth in North America, and that is a good build 00:01:07.804 -- 00:01:09.844 on where we were actually after the first quarter. 00:01:09.844 -- 00:01:14.426 So we're very pleased with the continued growth in North America. 00:01:14.426 -- 00:01:20.688 Of course, the lower volumes overall and hig...