Husqvarna Group dates back to 1689 and is a global producer of outdoor power products and innovative solutions for applications in forest, park and garden care, as well as watering products and power tools for construction. Company products include chainsaws, trimmers, robotic lawn mowers and ride-on lawn mowers.
Husqvarna Group consists of three divisions; Husqvarna, Gardena and Construction. The company is focused on Asia, Europe, and North America. Products are sold via dealers and retailers under the brands Husqvarna, Gardena, McCulloch, Flymo, Zenoah and Diamant Boart and serve consumers and professionals in more than 100 countries. The Group employs more than 13,000 people in 40 countries.
In 2019, it was announced that Husqvarna Group had a venture capital investment in Soil Scout, an IoT start-up company providing buried wireless soil monitoring solutions that optimise water consumption and energy usage for the sports, turf care, city green areas, and agriculture industries.
According to reports, the company’s third quarter 2019 net sales increased by 5% to SEK 8,429 million. Learn more about this instrument and buy HUSQB.ST stocks.