Company overview
Husqvarna Group is the world’s largest producer of outdoor power products including robotic lawn mowers, garden tractors, chainsaws and trimmers. 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 Group's products and solutions are sold via dealers and retailers to both consumers and professional users in more than 100 countries.
Husqvarna was founded in 1689. The head office is located in Stockholm, and the share is listed on the NASDAQ OMX Stockholm Exchange (HUSQ A and HUSQ B).
Net sales in 2012 amounted to SEK 31 billion and the average number of employees was approximately 15,400.
| Key data | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| The Husqvarna Group, Key data 1) | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |
| Net sales | 27,202 | 28,768 | 29,402 | 33,284 | 32,342 | 34,074 | 32,240 | 30,357 | 30834 |
| Gross margin | 26.9 | 26.6 | 27.0 | 29.4 | 29.0 | 25.4 | 28.5 | 27.7 | 26.9 |
| Operating income | 2,983 | 2,927 | 3,121 | 3,564 | 2,361 | 1,560 | 2,445 | 1,551 | 1675 |
| Operating margin | 11.0 | 10.2 | 10.6 | 10.7 | 7.3 | 4.6 | 7.6 | 5.1 | 5.4 |
| Income for the period | 2323 | 1,641 | 1,862 | 2,036 | 1,288 | 903 | 1,749 | 997 | 1027 |
| Earnings per share, SEK 2) | - | 3.59 | 4.08 | 4.46 | 2.81 | 1.64 | 3.03 | 1.73 | 1.78 |
| Dividend per share, SEK 2) | - | - | 1.16 | 1.5 | 0.00 | 1.00 | 1.50 | 1.50 | 1.50 |
| Return on capital employed | 31.1 | 24.1 | 23.8 | 17.6 | 10.7 | 6.6 | 11 | 7.4 | 7.4 |
| Return on equity | 41.9 | 40.1 | 32.5 | 28.6 | 15.8 | 7.5 | 13.9 | 8.0 | 8.8 |
| Capital turn-over rate | 2.9 | 2.6 | 2.4 | 1.8 | 1.5 | 1.6 | 1.7 | 1.6 | 1.5 |
| Operating cash flow | 2,073 | 949 | 535 | 1,843 | 2,013 | 3,737 | 962 | -472 | 1144 |
| Average number of employees | 11,657 | 11,681 | 11,412 | 16,093 | 15,720 | 15,030 | 14,954 | 15,698 | 15429 |
| 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. | |||||||||