RICS:HUSQB.ST

Financial Times again recognizes Husqvarna Group as 'Climate Leader'

Retrieved on: 
Friday, May 3, 2024

STOCKHOLM, May 3, 2024 /PRNewswire/ -- Husqvarna Group has been recognized as 'Climate Leader' by Financial Times for the third consecutive year.

Key Points: 
  • STOCKHOLM, May 3, 2024 /PRNewswire/ -- Husqvarna Group has been recognized as 'Climate Leader' by Financial Times for the third consecutive year.
  • Husqvarna Group is ranked as number 74 among thousands of European scrutinized companies, showing the company's dedication to reducing carbon emissions while driving business growth.
  • Among Swedish companies, Husqvarna Group ranks as number one in the category Personal and Household goods.
  • As communicated earlier this week, Husqvarna Group has halved its emissions since the base year of 2015, all while expanding its net sales by 47%.

Husqvarna Group's Carbon Emissions Halved

Retrieved on: 
Monday, April 29, 2024

STOCKHOLM, April 29, 2024 /PRNewswire/ -- Husqvarna Group, a global leader in outdoor power products, has successfully halved its absolute CO2 emissions compared to the 2015 baseline year.

Key Points: 
  • STOCKHOLM, April 29, 2024 /PRNewswire/ -- Husqvarna Group, a global leader in outdoor power products, has successfully halved its absolute CO2 emissions compared to the 2015 baseline year.
  • Carbon is one of Husqvarna Group's three Sustainability targets, together with Circular and People , with a -35% CO2 reduction target by 2025.
  • Husqvarna Group's key efforts to reduce carbon emissions are as following:
    More than 90% of the Group's total emissions occur during customers' use of products.
  • Learn more about Husqvarna Group's carbon reduction efforts on our website:
    Founded in 1689, Husqvarna Group has evolved into a global leader in manufacturing innovative products and solutions for managing forests, parks, and gardens.

HUSQVARNA GROUP: INTERIM REPORT JANUARY - MARCH 2024

Retrieved on: 
Wednesday, April 24, 2024

Husqvarna Group acquired ETwater – expanding the Gardena Division's commercial irrigation offering in North America, see page 7.

Key Points: 
  • Husqvarna Group acquired ETwater – expanding the Gardena Division's commercial irrigation offering in North America, see page 7.
  • In the Husqvarna Forest & Garden Division, sales of robotic mowers for the professional market and battery-powered products were strong.
  • Net sales in the Husqvarna Construction Division declined, with growth in emerging markets, but lower sales in Europe and North America.
  • A webcast presentation of the Q1 report hosted by Pavel Hajman, CEO and Terry Burke, CFO will be held at 10:00 CET on April 24, 2024.

Torbjörn Lööf appointed Deputy Chair of the Board of Husqvarna AB

Retrieved on: 
Thursday, April 18, 2024

STOCKHOLM, April 18, 2024 /PRNewswire/ -- The Board of Directors of Husqvarna AB today resolved to establish the role of "Deputy Chair of the Board" and to appoint Board member Torbjörn Lööf in such new role.

Key Points: 
  • STOCKHOLM, April 18, 2024 /PRNewswire/ -- The Board of Directors of Husqvarna AB today resolved to establish the role of "Deputy Chair of the Board" and to appoint Board member Torbjörn Lööf in such new role.
  • These resolutions were taken by the Board at its statutory board meeting held in connection with the Husqvarna Group Annual General Meeting, which took place earlier today in Jönköping.

Husqvarna Group publishes Annual and Sustainability Report 2023

Retrieved on: 
Thursday, March 28, 2024

In 2023, Husqvarna Group has continued to develop in many of the strategic value-creating areas, despite a challenging macroeconomic situation.

Key Points: 
  • In 2023, Husqvarna Group has continued to develop in many of the strategic value-creating areas, despite a challenging macroeconomic situation.
  • "In 2023, Husqvarna Group has improved the margins in all three divisions and successfully continued its transformation journey from petrol to more battery-driven products.
  • Read Pavel Hajman's CEO message and about Husqvarna Group's strategic priorities and earnings in the Annual and Sustainability Report 2023.
  • The Annual and Sustainability Report for 2023 is attached to this press release and can be downloaded at www.husqvarnagroup.com .

Husqvarna Group Expands Virtual Boundary Robotic Lawn Mower Range to Medium-Sized Gardens

Retrieved on: 
Tuesday, March 26, 2024

STOCKHOLM, March 26, 2024 /PRNewswire/ -- Husqvarna Group, market leader in robotic lawn care, introduces two new models of Husqvarna Automower® specifically designed for medium-sized gardens.

Key Points: 
  • STOCKHOLM, March 26, 2024 /PRNewswire/ -- Husqvarna Group, market leader in robotic lawn care, introduces two new models of Husqvarna Automower® specifically designed for medium-sized gardens.
  • Last year, Husqvarna Group introduced a new era of robotic lawn care with the NERA series, eliminating the need for physical boundary wires in residential gardens.
  • Husqvarna Group pioneered the world's first robotic lawn mower back in 1995 and remains the undisputed market leader.
  • 1 Husqvarna EPOS (Exact Positioning Operating System) is a pioneering satellite-based technology which enables robotic lawn mowers to work within virtual boundaries.

Husqvarna Group gets prestigious 'A' Rating for its engagement with suppliers on climate change

Retrieved on: 
Friday, March 15, 2024

Husqvarna Group receives Rating A, confirming the company's commitment to sustainability and reducing CO2 emissions across the value chain.

Key Points: 
  • Husqvarna Group receives Rating A, confirming the company's commitment to sustainability and reducing CO2 emissions across the value chain.
  • More than 23,000 companies have disclosed their data to CDP and been given a Supplier Engagement Rating (SER).
  • The SER provides a rating for how effectively companies are engaging their suppliers on climate change based on governance, targets, scope 3 emissions, and supplier engagement practices.
  • Husqvarna Group aims to cut the absolute CO₂ emissions across the value chain by -35 % by 2025 while profitably growing the business.

Husqvarna Group to acquire ETwater - expanding Gardena Division's commercial offering in North America

Retrieved on: 
Wednesday, March 13, 2024

STOCKHOLM, March 13, 2024 /PRNewswire/ -- Husqvarna Group has signed an agreement with Rivulis Irrigation to acquire ETwater, a pioneer in smart irrigation management for the commercial market in North America.

Key Points: 
  • STOCKHOLM, March 13, 2024 /PRNewswire/ -- Husqvarna Group has signed an agreement with Rivulis Irrigation to acquire ETwater, a pioneer in smart irrigation management for the commercial market in North America.
  • As part of Orbit within the Gardena Division, ETwater will become the nucleus for a newly formed unit, dedicated to providing solutions for enterprise customers.
  • ETwater is servicing customers ranging from municipalities, commercial facilities, and campuses to large residential communities with water management solutions.
  • "Husqvarna Group has a leading position in residential watering in North America, and adding ETwater's strong team and proven technology combined with our B-Hyve capability gives us the opportunity to expand our commercial offering in the North American market," says Pär Åström, President Gardena Division.

Husqvarna Group issues its first green bond

Retrieved on: 
Monday, March 11, 2024

STOCKHOLM, March 11, 2024 /PRNewswire/ -- Husqvarna Group has successfully placed a green SEK-denominated 1 750 million 3-year bond.

Key Points: 
  • STOCKHOLM, March 11, 2024 /PRNewswire/ -- Husqvarna Group has successfully placed a green SEK-denominated 1 750 million 3-year bond.
  • "The issuing of this green bond confirms the market confidence in Husqvarna Group's long-term competitiveness and in our sustainable value creation.
  • Husqvarna Group's Green Finance Framework enables the Company to issue green bonds and other green financing instruments.
  • The framework was developed in accordance with the Green Bond Principles (GBP) 2021 and the Green Loan Principles (GLP) 2023.

Husqvarna Group: Gardena launches new battery products for the 2024 gardening season

Retrieved on: 
Tuesday, February 20, 2024

STOCKHOLM, Feb. 20, 2024 /PRNewswire/ -- Gardena, Husqvarna Group's leading gardening brand in Europe, is proud to announce several new products for the 2024 gardening season, marking another milestone in the company's commitment to electrification.

Key Points: 
  • STOCKHOLM, Feb. 20, 2024 /PRNewswire/ -- Gardena, Husqvarna Group's leading gardening brand in Europe, is proud to announce several new products for the 2024 gardening season, marking another milestone in the company's commitment to electrification.
  • As a pioneer in the industry, Gardena continues to lead the way by enabling garden owners to shift to battery-powered products.
  • All motorized products from Gardena are electrified, supporting Husqvarna Group's ambition to have 2/3 of the motorized products electrified by 2026.
  • By the end of 2023, 41% of Husqvarna Group's motorized products were electrified.