Husqvarna stock slides 8.2% after Q3 loss and factory closure

Published on 11/11/2026 at 03:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Husqvarna stock faced pressure after the company reported a SEK 334 million operating loss. Management also outlined production changes and persistent near-term headwinds.

Losses Put Husqvarna Under Pressure

Husqvarna reported a third-quarter operating loss as sales weakened in Europe and costs increased.
The group is shifting selected battery production toward Asia and expects workforce effects from the changes.
The Brastad factory closure is expected to generate annual savings of about SEK 100 million.

Husqvarna, SE0001662230, Illustration mit AI erstellt.

Husqvarna reported a weaker third quarter on October 21, 2026, with an operating loss of SEK 334 million and sales down 2% to SEK 9.012 billion. Investing.com reported that the result reversed a profit in the year-earlier quarter and came with a 5% organic sales decline.

Weak Demand Weighs On Results

The operating margin fell to minus 3.7% from 1.5% a year earlier, while diluted earnings per share declined to minus SEK 0.70 from minus SEK 0.02. Husqvarna said lower volumes, an unfavorable product mix, inventory reductions and higher raw-material and logistics costs weighed on the quarter.

Europe remained the main weak spot, with softer demand affecting sales. The company also said near-term headwinds would persist as the business moves into a seasonal mix focused more heavily on chainsaws, handheld products and construction equipment.

Production Moves To Asia

Husqvarna plans to move manufacturing for selected Husqvarna-branded battery handheld products to its own facilities and external partners in Asia. Chief Executive Glen Instone said the changes are likely to affect employees, although the company has not yet specified the scale of any workforce reduction.

The group also announced the closure of its Brastad factory, which is expected to generate savings of approximately SEK 100 million. Analysts reacted by cutting recommendations and price targets after the loss-making quarter.

Global Outdoor Equipment Business

Husqvarna Group is headquartered in Sweden and sells outdoor power equipment and related products under the Husqvarna and Gardena brands in more than 100 countries. Its portfolio includes chainsaws, robotic lawn mowers, handheld equipment and watering products. The group competes with focused outdoor-power specialist STIHL and with broader equipment and tool companies such as Toro and Stanley Black & Decker, giving Husqvarna a global branded position with a strong outdoor-use focus.