Husqvarna Group reports net sales decrease of 5% for Q3 2025
Announcing its Third Quarter 2025 and Year-to-Date financial results, Husqvarna Group reports that organic sales growth was flat while net sales decreased by 5% to SEK 9,204m ($976M USD), which the manufacturer said includes an impact of -5% from changes in exchange rates. Net sales grew mainly in professional segments such as robotic mowers and handheld products, as well as for watering products and in parts & accessories. Sales of residential handheld, hand tools and petrol-powered wheeled products decreased during the quarter.
NOTE: 1 Swedish Krona (SEK) = 0.11 U.S. Dollar (USD)
Operating income for the third quarter increased to SEK 141m. Excluding items affecting comparability, operating income amounted to SEK 140m. The increase was mainly a result of higher volumes, favorable product mix and cost savings. The operating margin, excluding items affecting comparability, was 1.5%. Acquisition-related amortizations amounted to SEK -51m.
Changes in exchange rates impacted by SEK -15m compared with the preceding year, and tariffs had a negative impact of SEK 165m ($17.5M USD).
Look at financials from January – September 202s, sales increased organically by 1%, while net sales decreased by 2% to SEK 39,184m, and included an impact of -3% from changes in exchange rates. Net sales grew in segments such as robotic mowers, both professional and residential, watering products, professional handheld products, as well as in parts & accessories. Sales of petrol-powered wheeled products, hand tools and construction products declined.
Operating income for the period amounted to SEK 3,735m and the operating margin was 9.5%. Excluding items affecting comparability, operating income amounted to SEK 3,742m. The decline was mainly a result of changes in exchange rates, which had an impact of SEK -279m compared with the preceding year, a negative impact from tariffs of SEK 225m, as well as negative price effects. The operating margin, excluding items affecting comparability, was 9.5%. Acquisition related amortizations amounted to SEK -158m.
Forest and Garden Division
Third quarter 2025
Sales increased organically by 1%. Net sales for the period decreased by 4% to SEK 5,594m, and included an impact of -5% from changes in exchange rates. The robotic mower category achieved strong growth in the professional segment, driven mainly by new innovative products featuring boundary-wire free technology. Additionally, the professional handheld product segment delivered growth during the quarter, as well as parts & accessories. Sales of residential handheld and petrol-powered wheeled products declined.
January – September 2025
Sales increased organically by 4%. Net sales for the period increased by 1% to SEK 23,063m, and included an impact of -3% from changes in exchange rates. Sales of robotic mowers, professional handheld products, achieved good growth. Sales of petrol-powered wheeled products declined during the period.
Gardena Division
Third quarter 2025
Sales decreased organically by 7%. Net sales decreased by 12% to SEK 1,799m, and included an impact of -5% from changes in exchange rates. Sales of watering products increased, while sales of robotic mowers and hand tools declined.
January – September 2025
Sales decreased organically by 2%. Net sales decreased by 5% to SEK 10,512m, and included an impact of -3% from changes in exchange rates. Sales of watering products increased while sales of hand tools declined.
Construction Division
Third quarter 2025
Sales increased organically by 3%. Net sales decreased by 3% to SEK 1,773m, and included an impact of -6% from changes in exchange rates. The organic increase was mainly driven by power cutters and aftermarket sales.
January – September 2025
Sales decreased by 4% organically. Net sales decreased by 7% to SEK 5,501m, and included an impact of -3% from changes in exchange rates. The decline was mainly due to lower sales in North America.
Glen Instone, CEO
“This quarter marks my first as CEO of Husqvarna Group, and I am honored to be leading this company with more than 300 years of innovation, into the future.
Mixed market and topline development
The Group’s organic sales growth was flat in the quarter. We noted strong growth in the professional segment, including robotic mowers, driven mainly by new innovative products featuring boundary wire-free technology, handheld products, and power cutters.
With the professional segment being a top strategic priority, I am pleased to see this positive development. We also noted growth in the watering segment. However, demand was subdued for residential handheld, hand tools and petrol-powered wheeled products, in particular in North America, which reflects a challenging market situation with restrained consumer spending.
Uncertainty remains, particularly in North America, given the ongoing trade policy turbulence, foreign exchange volatility, and subdued consumer sentiment.
Cost-efficiency measures
The activities included in the cost savings program announced in Q3 last year are expected to be completed by the end of the year, and full effect from the program will be reached during 2026. In addition, we have today announced the closure of a facility in Brastad, Sweden, which manufactures components for petrol-powered handheld products. By shifting to externally sourced components for this segment, we are accelerating our transition toward a more asset-light business model.
Despite the cautious consumer sentiment, I am confident in our position for long-term value creation. We will continue to build on our key differentiators, including our trusted brands and premium market positions, while increasing competitiveness through operational excellence and accelerated innovation.
We have several innovative product launches for 2026, including AI vision-based robotic mowers, designed to maximize customer value while supporting our long- term sustainability agenda.
