Interim report January - September 2010

Interim report January - September 2010

Magnus Yngen, President and CEO:
”End-user demand continued to recover in most of our markets during the
quarter. Sales as well as operating income for the Group as a whole
increased. Europe & Asia/Pacific and Construction showed strong
performances. Operating income for Americas was negative due to lower
sales and increased costs. Despite a recovery in the market, our sales
for Americas decreased due to the reduced listings of low-end lawn
mowers with a major retailer in North America for the 2010 season.
Strong growth in sales to the dealer channel continued to be an
important driver for the Group's positive earnings development during
the year, as were innovative new product launches. Our estimate is that
we have gained market shares for lawn and garden products during the
season in Europe.
In the fourth quarter, which is the smallest quarter of the year for the
Group, we expect Group shipments to be slightly higher than in the
fourth quarter of 2009.”


  · Increased net sales and operating income for the Group.
  · Strong performances in Europe & Asia/Pacific and Construction while
Americas was weaker.
  · Net sales for the third quarter increased to SEK 6,907m (6,709) and
operating income increased to SEK 411m (173).
  · Operating margin for the third quarter increased to 5.9% (2.6).
  · Net sales for the first nine months amounted to SEK 27,446m (29,342)
and operating income was SEK 2,508m (2,075). Excluding items affecting
comparability, operating income amounted to SEK 2,715m (2,187). Income
for the first nine months were SEK 1,873 (1,355), or SEK 3.25 (2.50) per
share.

Press and Telephone conference

A combined press and telephone conference will be held at 13.00 CET on
22 October 2010 at the Scandic Anglais Hotel, Humlegårdsgatan 23,
Stockholm. To participate in the telephone conference, please call
+46 (0)8 5052 0110 or +44 (0) 20 7162 0077 ten minutes prior to the
start of the conference. The conference call will also be audio cast
live. To participate in the audio cast, log on to
www.husqvarna.com/ir (http://www.husqvarna.com/ir). A replay of the
telephone conference will be available at
www.husqvarna.com/ir (http://www.husqvarna.com/ir).

Contacts

- Bernt Ingman, Chief Financial Officer, +46 8 738 75 05

-  Boel Sundvall, SVP Corporate Communications & IR, +46 8 738 70 18

- Tobias Norrby, Investor Relations Manager, +46 8 738 83 35

- Husqvarna Press Hotline, +46 8 738 70 80.