- Husqvarna’s second quarter net sales matched estimates with a total of SEK 15.28 billion.
- Gardena, a segment of Husqvarna, slightly missed sales estimates with net sales of SEK 4.67 billion compared to an expected SEK 4.74 billion.
- The Husqvarna Construction division exceeded expectations with net sales of SEK 1.87 billion against an estimated SEK 1.83 billion.
- Husqvarna’s Forest & Garden division reported net sales of SEK 8.70 billion, surpassing the forecast of SEK 8.57 billion.
- Adjusted operating profit amounted to SEK 2.04 billion, which was higher than the estimated SEK 1.88 billion.
- The operating profit stood at SEK 2.06 billion.
- Net income for the quarter was SEK 1.58 billion.
- Gross margin reached 33.9%, which exceeded the estimate of 32%.
- Organic revenue growth was reported at 5%.
- Analyst recommendations included 5 buys, 3 holds, and 1 sell.
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A look at Husqvarna AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts are optimistic about Husqvarna AB‘s long-term outlook based on its Smartkarma Smart Scores. The company scores high in dividend payouts and value, indicating strong financial performance and shareholder returns. Additionally, Husqvarna AB shows promising momentum and resilience, reflecting a stable business model and positive market sentiment.
Despite a lower growth score, Husqvarna AB‘s overall outlook remains positive, supported by its diverse product range that includes chain saws, lawn mowers, generators, and utility vehicles. The company’s focus on manufacturing outdoor maintenance and recreational products positions it well for continued success in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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