Husqvarna shares slide as weak demand, tariffs weigh on profits

Husqvarna AB

21/10/2025 08:42

** Shares in Husqvarna HUSQb.ST fall around 10% after the gardening equipment maker posted its Q3 print, as uneven demand and trade headwinds weighed on sales

** The company faced tariff headwinds of about 165 million Swedish crowns ($17.52 million) in Q3 and expected roughly 100 Swedish million crowns of impact in Q4

** It will also close its Brastad factory in Sweden as part of a shift toward an asset-light model, generating about 100 million Swedish crowns in annual savings by 2027

** Jefferies says the company performance was "mixed" across product categories, with strong growth in the professional segment, including robotic mowers, while residential products faced subdued demand, particularly in North America

** "Management remains focused on strengthening competitiveness and innovation, but notes ongoing uncertainty, especially in North America, due to trade policy, FX volatility, and weak consumer sentiment," the broker adds

** Shares of Husqvarna are on track for their worst day since July 2024

** Up to the previous session's close, shares were down 10.9%​ YTD

($1 = 9.4155 Swedish crowns)

(Reporting by Jesus Calero)

((jesus.calero@thomsonreuters.com))