On July 17, Husqvarna reported its Q2 2026 financials, showing growth in North America “across most product categories” countered by challenging market conditions in Europe. The result was a 4% decline in organic sales compared to Q2 2025. Year-to-date (Jan. through June 2026), the company’s net sales decreased by 1%.
While the company reports solid cash flow and net debt reduction, this quarter’s lower sales volume and cost inflation impacted earnings. Here are some details by division.
For its Forest & Garden Division, which includes the majority of the company’s outdoor power equipment products, net sales totaled 8,338 SEKm (that’s about $875 million US) and were off 4% from 2025. The company said this decline was caused by weak sentiment and sales decline in Europe and comes despite growth in North America with solid handheld sales.
Husqvarna enjoyed tariff refunds of SEK 112m (about $117 million US). But it also reported cost inflation from rising costs for raw materials and logistics.
In the company’s Gardena Division, net sales were off 13% from 2025. Gardena includes irrigation products, handheld gardening tools and some powered equipment and comprises about a third of Husqvarna’s Q2 sales volume. The financial report cited a broad-based sales decline in Europe from a decline in watering overall in the EU, offset by a growth in watering North America.
Husqvarna’s smallest division saw sales gains. In the Construction Division, net sales of 1,928 SEKm for the quarter is a 3% gain over Q2 2025. It said that growth was mainly driven by the Sawing & Drilling line of products.
Husqvarna also announced changes at the executive level. Anders Lindmark became president of the Husqvarna Construction Division on July 1, 2026. Patrik Johnson will assume the role of CFO on September 11, 2026.
“Trading conditions were challenging in the second quarter,” write CEO Glen Instone in the company’s financial release. “Ongoing geopolitical uncertainty and weak consumer sentiment continued to weigh on demand, while unfavorable weather in Europe during the first six weeks of the quarter further slowed sell-out and replenishment.”
Product News
Earlier this year, Husqvarna released its latest robotic mower, the Automower 560 EPOS. Husqvarna said it designed this new robot to handle large lawns and fields for commercial applications. Like most of today’s new robotic mowers, this one does not require a boundary wire for use but relies on satellite-based technology and a cloud network to contain the mower within virtual boundaries. EPOS means Exact Positioning Operating System.
Husqvarna’s first robotic mowers, the wired boundary models, set the stage for residential robotic mowing in America. With several models in its residential product lineup and a growing fleet of commercial robots, the company is hoping to capitalize on the growing interest in robots in North America.
Leave a Reply