Husqvarna AB (publ) (HUSQ-B.ST)
Husqvarna AB (publ) operates in the Manufacturing - Tools & Accessories industry of the Industrials sector, headquartered in Stockholm, AB, SE. The stock last traded at $35.00, up 3.06% on the session, giving a market capitalisation of $20.01B. Its beta of 1.48 implies it has historically moved more than the broad market.
Husqvarna AB (publ) is a leading manufacturer and seller of outdoor power tools, watering systems, and specialized equipment for cutting and surface preparation. Its operations are organized into three primary divisions: Husqvarna Forest & Garden, Gardena, and Husqvarna Construction. The Husqvarna Forest & Garden segment offers a variety of handheld tools such as chainsaws, brush cutters, trimmers, and leaf blowers, along with wheeled options like front riders and zero-turn mowers, innovative robotic lawnmowers, and essential accessories and spare parts. The Gardena division focuses on comprehensive watering solutions, garden power tools including robotic mowers, trimmers, hedge cutters, and shrub shears, traditional hand tools like secateurs, loppers, axes, and digging tools, plus smart garden systems. The Husqvarna Construction division provides heavy-duty equipment for building tasks, encompassing power cutters, light compaction and concrete placement machinery, floor grinding machines, dust and slurry management solutions, specialized diamond tools for the construction and stone industries, floor saws, and advanced demolition robots. Serving a broad clientele from forestry, tree care, landscaping, and commercial lawn services to individual home and garden enthusiasts, as well as light construction and stone industry professionals, the company markets its offerings through dealers and retailers under prominent brands like Husqvarna, Gardena, Orbit, Diamant Boart, Jonsered, Flymo, RedMax, Zenoah, and McCulloch. Husqvarna boasts an extensive international presence, with operations in countries including Germany, France, Sweden, Austria, the wider European region, Asia/Pacific, Canada, the United States, and Latin America. Founded in 1689, the company's headquarters are located in Stockholm, Sweden.
Husqvarna AB (publ) is most often compared with the following Industrials names: