Company overview

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 the world leaders in cutting equipment and diamond tools for the construction and stone industries. The product offering includes products for both consumers and professional users. The Group’s products are sold via dealers and retailers in more than 100 countries.

Husqvarna was founded in 1689. The head office is located in Stockholm, and the Husqvarna share is listed on the NASDAQ OMX Stockholm exchange (HUSQ A and HUSQ B).

Net sales in 2011 amounted to SEK 30 billion and the average number of employees was approximately 15,700.

Key data
The Husqvarna Group, Key data ¹⁾	2004	2005	2006	2007	2008	2009	2010	2011
Net sales	27,202	28,768	29,402	33,284	32,342	34,074	32,240	30,357
Gross margin, %	26.9	26.6	27.0	29.4	29.0	25.4	28.5	27.7
Operating income	2,983	2,927	3,121	3,564	2,361	1,560	2,445	1,551
Operating margin, %	11.0	10.2	10.6	10.7	7.3	4.6	7.6	5.1
Income for the period	2323	1,641	1,862	2,036	1,288	903	1,749	997
Earnings per share, SEK²⁾	-	3.59	4.08	4.46	2.81	1.64	3.03	1.73
Dividend per share, SEK²⁾	-	-	1.16	1.5	0.00	1.00
Return on capital employed, %	31.1	24.1	23.8	17.6	10.7	6.6	11	7.4
Return on equity, %	41.9	40.1	32.5	28.6	15.8	7.5	13.9	8
Capital turn-over rate, Times//ggr	2.9	2.6	2.4	1.8	1.5	1.6	1.7	1.6
Operating cash flow	2,073	949	535	1,843	2,013	3,737	962	-472
Average number of employees	11,657	11,681	11,412	16,093	15,720	15,030	14,954	15,698

¹⁾ Key data for 2004 are combined financial statements, 2005 is pro forma.
²⁾ Number of shares 2006-2008 have been restated for the rights issue made in 2009. Number of shares 2006 have been restated for the bonus issue made in 2007.

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