INTERIM REPORT JANUARY - JUNE 2012

Hans Linnarson, President and CEO:
"Growth in the North American market continued, but the demand for forestry and
garden products slowed down towards the end of the quarter. In the European
markets, demand was hampered by unfavorable weather as well as weaker market
conditions.
   Group net sales for the second quarter were on the same level as the
corresponding quarter in the previous year, adjusted for currency effects. Sales
for Americas grew double digit, supported by improved factory delivery
performance and a more favorable business environment, while sales for Europe &
Asia/Pacific decreased.
   Sales of professional products in the dealer channel in Europe & Asia/Pacific
increased in spite of the weak market conditions. In the retail channel, sales
of watering products declined. Robotic mowers continued to perform well in both
channels.
   For Construction, the trend from the first quarter with growth in the North
American market continued and the European markets remained challenging.
   Group operating income for the second quarter increased by 12%. Operating
income was affected positively by the volume growth in the dealer channel and
lower production costs. The operating margin for Europe & Asia/Pacific remained
on a high level, in spite of the negative impact from unfavorable weather.
Additionally, our ongoing focus on working capital has resulted in a positive
development of cash flow.
   Customer service, delivery reliability and cash flow are some of the Group’s
top priorities for 2012, and I am pleased to note the significant improvement
achieved in the first half year.
   Looking ahead, the immediate market development in Europe as well as in North
America is difficult to assess."

Second quarter

  · Net sales amounted to SEK 10,706m (10,179). Adjusted for exchange rate
effects, net sales were unchanged.
  · Operating cash flow improved to SEK 2,535m (1,587).
  · Positive sales development and market share gains for Americas and
Construction, weather related downturn for Europe & Asia/Pacific.
  · Operating income increased 12% to SEK 1,136m (1,012). Higher operating
income for Americas and Construction, lower for Europe & Asia/Pacific.
  · Earnings per share increased to SEK 1.36 (1.18).

Telephone conference
A combined press and telephone conference, hosted by Hans Linnarson, President
and CEO, and Ulf Liljedahl, CFO, will be held at the Anglais Hotel in Stockholm
at 11:00 CET on July 19, 2012. To participate, please Dial +46 (0) 8 5052 0110
(Sweden) or +44 (0)20 7162 0077 (UK) ten minutes prior to the start of the
conference. The conference call will also be audio cast live on
www.husqvarnagroup.com/ir (http://www.husqvarna.com/ir). A replay will be
available at www.husqvarnagroup.com/ir (http://www.husqvarna.com/ir) later the
same day.
Contacts
Ulf Liljedahl, CFO, +46 8 738 94 42
Tobias Norrby, Investor Relations Manager, +46 8 738 93 35
Husqvarna Press Hotline, +46 8 738 90 80

This interim report comprises information which Husqvarna is required to
disclose under the Securities Markets Act and/or the Financial Instruments
Trading Act. It was released for publication at 08:00 CET on July 19, 2012.
Husqvarna Group
The Husqvarna Group is the world’s largest producer of outdoor power products
including chainsaws, trimmers, lawn mowers and garden tractors. The Group is
also the European leader in consumer watering products and one of the world
leaders in cutting equipment and diamond tools for the construction and stone
industries. The product offering includes products for both consumers and
professional users. The Group’s products are sold via dealers and retailers in
more than 100 countries. Net sales in 2011 amounted to SEK 30 billion, and the
average number of employees was approximately 15,700.