Husqvarna rises on Q2 adjusted core profit beat

Husqvarna AB

18/07/2025 08:11

** Shares in Swedish outdoor power equipment maker Husqvarna HUSQb.ST rise around 6% to their highest price in over 4 months after its second-quarter adjusted operating profit beat market estimates

** Jefferies says that the company's adjusted operating profit of SEK 2.04 billion ($210.17 million) beat consensus by 9%, calling the overall result a sign of the company's "resilience"

** It highlights that the strong performance was driven by its Forest & Garden division, where sales of high-margin robotic mowers grew 15% year-on-year

** The company's focus on cost savings and a favourable product mix also helped lift its adjusted operating margin to 13.4% from 12.4% a year earlier, Jefferies says

($1 = 9.7064 Swedish crowns)

 (Reporting by Rafal Nowak)

 ((RafalWojciech.Nowak@thomsonreuters.com; +48 58 769 66 63;))