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Husqvarna Q2 Profit Rises; Appoints Glen Instone As CEO

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Husqvarna (HSQVY.PK) reported second quarter net income attributable to equity holders of the parent company of 1.578 billion Swedish kronor or 2.76 kronor per share up from 1.272 billion kronor or 2.22 kronor per share in the prior year.

Net sales for the second quarter decreased by 1% to 15.277 billion kronor, from 15.430 billion kronor in the previous period. Changes in exchange rates had a negative impact of 6%, while organic sales grew by 5%, demonstrating resilient underlying performance.
Earnings per share excluding items affecting comparability and after dilution, amounted to 2.73 kronor compared to 2.23 kronor last year.

Husqvarna AB has appointed Glen Instone as the new CEO of Husqvarna Group, effective August 11, 2025.

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