Interim report January - March 2009

Interim report January - March 2009

Magnus Yngen, President and CEO:
“Market conditions were generally weaker than in the first quarter of 2008.
Retailers were more cautious about building up inventories for the garden
season. 
Group sales declined by 9%, adjusted for changes in exchange rates and
acquisitions, and as compared 
to a strong quarter in 2008. Apart from lower sales and production volumes,
operating income was negatively affected by a less favorable product mix,
particularly for Consumer Products outside North America and for Construction.
Material costs were higher than in 2008, mainly for Consumer Products in North
America. 
On the positive side, pricing remained stable in both Europe and North America.
Sales for Consumer Products in North America increased for the second
consecutive quarter and we strengthened our market position. Operating cash flow
improved substantially, mainly on the basis of measures taken to reduce working
capital. The Group's financial position was also strengthened by the rights
issue.”

•	Net sales rose by 11% to SEK 11,152m (10,043). Adjusted for acquisitions and
changes in exchange rates, net sales declined by 9%.
•	Operating income decreased by 35% to SEK 786m (1,202), corresponding to a
margin of 7,0% (12.0). Income for the period was SEK 464m (753), corresponding
to SEK 0.98 (1.65) per share.

•	The decline in operating income refers mainly to Consumer Products outside
North America and Construction products within Professional Products.

•	Operating cash flow improved to SEK 714m (-3,169), mainly as a result of lower
working capital including the sale of trade receivables.

•	The Group's rights issue was fully subscribed and increased Group equity by
approximately SEK 3 billion. 


TELEPHONE CONFERENCE
A combined presentation and telephone conference will be held at 14.00 CET on 8
May 2009 at Scandic Anglais, Humlegårdsgatan 23, Stockholm . In order to
participate in the telephone conference, please call +46 8 5052 0114 or +44 207
1620 177. A replay of the telephone conference will be available at
www.husqvarna.com/ir

CONTACTS
Åsa Stenqvist, Head of Corporate Communications and Investor Relations, 
at +46 8 738 64 94
Bernt Ingman, Chief Financial Officer, 
at +46 36 14 65 05
Husqvarna Press Hotline, 
at +46 8 738 70 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 11.15 CET on 8 May 2009.