Overview
Sweden outdoor power products firm's Q4 sales slightly missed analyst expectations
Operating income for Q4 missed analyst estimates, margin was negative
Company faced challenges from currency fluctuations and tariffs
Outlook
Husqvarna aims for SEK 4bn savings by 2030, with 60% realized in 2-3 years
Company plans new product launches, including AI-vision technology in robotics
Husqvarna sees uncertainty in North America due to trade policy and consumer sentiment
Result Drivers
SOFT DEMAND IN NORTH AMERICA - Co reported soft demand in North America, particularly for handheld and wheeled products, due to cautious consumer spending
EUROPEAN GROWTH - Co experienced growth in several residential categories in Europe, including wheeled and watering products
TARIFFS AND CURRENCY IMPACT - Operating income was affected by tariffs and currency headwinds, contributing to a decline in all divisions
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Slight Miss*
SEK 7.43 bln
SEK 7.48 bln (4 Analysts)
Q4 Adjusted EPS
-SEK 1.35
Q4 EPS
-SEK 1.34
Q4 EBIT
Miss
-SEK 837 mln
-SEK 810.15 mln (4 Analysts)
Q4 Adjusted EBIT
-SEK 841 mln
Q4 EBIT Margin
-11.30%
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the appliances, tools & housewares peer group is "buy"
Wall Street's median 12-month price target for Husqvarna AB is SEK50.50, about 8.3% above its February 3 closing price of SEK46.65
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago
Press Release: ID:nWkr1f5JQl
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)