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Husqvarna AB (HSQVY) Q2 2025 Earnings Call Highlights: Strong Growth in Robotics and Debt Reduction
Husqvarna AB (HSQVY) Q2 2025 Earnings Call Highlights: Strong Growth in Robotics and Debt Reduction

Yahoo

time19-07-2025

  • Business
  • Yahoo

Husqvarna AB (HSQVY) Q2 2025 Earnings Call Highlights: Strong Growth in Robotics and Debt Reduction

Organic Sales Growth: 5% for the group, driven by Husqvarna Forest and Garden and Gardena divisions. Operating Income: Increased by 7% to SEK2,041 million, with a 1% point margin improvement. Direct Operating Cash Flow: SEK2.4 billion in the second quarter. Net Debt Reduction: Reduced by SEK3.3 billion compared to the same period last year. Robotics and Battery Sales: 22% of group sales, up from 20% on a 12-month rolling basis. Husqvarna Forest and Garden Division: 5% organic sales growth and 13.3% operating margin. Gardena Division: 7% organic sales growth and 17.5% operating margin. Construction Division: 4% organic sales decline, but improved operating margin to 12.7%. Inventory Reduction: Reduced by close to SEK3 billion compared with last year. Net Debt/EBITDA Ratio: Improved to 2.3% from 2.5% at the start of the year. Currency and Tariff Impact: Negative currency impact of SEK125 million and tariff impact of SEK65 million in the quarter. Warning! GuruFocus has detected 9 Warning Signs with HSQVY. Release Date: July 18, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Husqvarna AB (HSQVY) reported a 5% organic growth in net sales for the second quarter of 2025, driven by strong performance in the Forest and Garden and Gardena divisions. The company achieved a 7% increase in group operating income, with an improved EBIT margin across all three divisions. Robotic mowers and watering products showed strong performance, contributing significantly to the company's growth. Husqvarna AB (HSQVY) successfully reduced its net debt by SEK3.3 billion compared to the same period last year. The company made significant progress on its sustainability agenda, achieving two out of three sustainable targets, including a 55% reduction in CO2 emissions. Negative Points The macroeconomic environment remains uncertain, with ongoing trade tariffs, geopolitical instability, and currency fluctuations impacting the company. North America continues to be a challenging market, with lower sales and operating income across all three divisions. The company faced a negative currency effect of SEK125 million and a negative price impact of SEK160 million in the quarter. The Construction division experienced a 4% decline in organic sales, primarily due to weak market conditions in North America. Despite strong growth in the robotic segment, the company faced intense competition and aggressive pricing, particularly in the entry-level segment. Q & A Highlights Q: Can you confirm whether the market for robotic mowers grew faster than Husqvarna's 14% growth, and was there a pipeline fill impacting this growth? A: The market has grown, particularly in the pro segment where Husqvarna maintains market leadership. In the mid-market and entry segments, the market grew larger than Husqvarna's growth. The retail pilot is still marginal and not significantly impacting sales figures. Q: Given the price adjustments in the lower end of the robotic mower category, will Husqvarna continue to invest in this segment despite price headwinds? A: Husqvarna remains committed to the entry-level segment as a premium brand, ensuring brand value and reliability. The company leverages synergies across its product range and has no intention of exiting the entry-level segment, which complements the Gardena watering range. Q: Are dealers in Europe increasingly multi-sourcing robotic mowers, and how does Husqvarna plan to address competition from Asian manufacturers? A: While competition is increasing, Husqvarna's core dealer network remains loyal, and the company continues to focus on R&D and innovation. Some dealers carrying other brands may introduce new entrants, but Husqvarna's sales growth indicates strong dealer trust. Q: What is the current share of boundary wire-free robotics within residential sales? A: The share of boundary wire-free robotics in residential sales has increased to 75% in value, indicating strong consumer preference for these products. Q: Has there been any pre-buying in the US due to tariffs, and what is the expected impact of tariffs in the second half of the year? A: There has been no significant pre-buying due to tariffs. Husqvarna expects a net negative impact of SEK100 million from tariffs in the second half of the year, despite mitigation efforts such as price increases and supply chain adjustments. Q: What factors contributed to the 4% sales decline in the construction division, and how did different regions perform? A: The sales decline in the construction division was primarily due to weak performance in North America, partially offset by stable growth in Europe and other regions. Q: At what point does it make sense to start producing robotic mowers locally in North America? A: While Husqvarna is pleased with the growth of its robotics business in North America, significant volume increases would be needed before considering local production. Current production in Europe is beneficial due to tariff considerations. Q: How does Husqvarna view the profitability of its robotics segment, particularly in the entry-level category? A: The robotics segment is margin accretive in the mid, premium, and professional categories but faces profitability challenges in the entry-level segment due to aggressive pricing competition. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.

All lanes of northbound 110 Freeway blocked in Gardena after crash leaves 1 dead
All lanes of northbound 110 Freeway blocked in Gardena after crash leaves 1 dead

CBS News

time27-05-2025

  • General
  • CBS News

All lanes of northbound 110 Freeway blocked in Gardena after crash leaves 1 dead

All lanes of the northbound 110 Freeway in Gardena were blocked Tuesday afternoon after a crash left a person dead, authorities said. A Sigalert issued at about 12:20 p.m. ordered the shutdown between the 91 Freeway and Redondo Beach Boulevard on the 110's northbound lanes. Traffic was backed up to Carson Street as of about 1:30 p.m. No details regarding the crash were immediately made available. The identity of the person killed was not released publicly as of 1:40 p.m. The number of vehicles involved was not immediately clear.

Keep your plants healthy while you're away with this watering kit that's £45 off
Keep your plants healthy while you're away with this watering kit that's £45 off

Daily Mirror

time20-05-2025

  • General
  • Daily Mirror

Keep your plants healthy while you're away with this watering kit that's £45 off

Say goodbye to worrying about your plants' well-being while you're out of the house, as this watering kit keeps them healthy when you're not there - and right now, it's got £45 off Gone are the days when you need to ask a neighbour or loved one to pop over to water your plants while you're out of town, thanks to this gardening kit from Gardena. Perfect for greenhouses, conservatories, balconies, house plants and potted plants in the garden, this automatic watering set lets you look after up to 36 plants without needing to lift a finger - and right now, it's up for grabs with a whopping £45 off. This easy-to-use set comes armed with three distributors with twelve outlets each, so it can seamlessly cater to varying water requirements for your beloved plants. With timers that can be set to meet your flowers' needs, this set keeps an eye on them while you're away, so you don't have to worry about them dying or getting dehydrated when you're on holiday. Perfect for indoor and outdoor plants, this set simply needs to be rigged up to a water source (a bucket of water will do), and the rest is done for you. With a hassle-free set-up, this kit is super easy to use, so it's a top choice for the most advanced or novice green-thumbed buyers. This set is ready to use straight out of the box. It lets you conveniently water your plants without a watering can, making it an ideal substitute when you are away. This kit can be rigged up to 36 potted plants and keeps them automatically watered as and when they need it, so even when you're home, you don't have to do a thing. With the three different distributors, each with twelve outlets, this kit lets you assign various water supplies to meet the requirements of your plants, ensuring optimal food for them throughout the day and night. Armed with a fully sealed low-voltage transformer, this kit can be used both indoors and outdoors, making it an ideal choice for balcony and patio potted plants, or greenhouses, if you don't want to keep up with the manual maintenance. Join our Shopping & Deals WhatsApp for the best bargains and fashion news WHATSAPP: Get the best deals and exclusive discount codes straight to your phone via our WhatsApp group. Users must download or already have WhatsApp on their phones to join in. All you have to do to join is click on this link, select 'Join Chat' and you're in! We may also send you stories from other titles across the Reach group. We will also treat our community members to special offers, promotions, and adverts from us and our partners. Some of these articles will contain affiliate links where we will receive a commission on any sales we generate from them. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose Exit group. If you're curious, you can read our Privacy Notice. On Amazon, this kit has amassed over 1.6k reviews, with the majority bestowing 5-stars. One happy customer who picked up this Gardena kit says: "Our potted plants were still in perfect shape after being alone for more than a month during summer vacation. It's good to have some trial period before the vacation to see what is the right amount of water for each plant (we have 5 plants from big to small with very different needs)." Another beams: "Just before I had to leave for 3 weeks, I realized that during this period no one can pour my flowers in the apartment. Family and friends live too far away and I didn't want to entrust my key to my neighbors. So I inquired on the Internet about solutions and came across automatic irrigation systems like this one relatively quickly. These are already available for from 20€, but the ratings are also accordingly mediocre. Therefore, I decided on more expensive variant of gadena and I did not regret it. The quality of all components is excellent from my point of view. In the scope of delivery there is plenty of hose, which can be individually and easily cut to size. For the first setup for my 7 indoor plants I took about an hour, whereby I also took time and wanted to do everything very carefully. So this is certainly faster." Though this shopper does note: "I have been using this system year round for 3 years. It takes care of the plants that are awaiting display in my home. If I'm away I move all plants to the corner where it is set up. It is somewhat fiddly to set up, but so worth it. I'm probably going to get a second set." You can pick up this set for £70.97, down from £114.48, over on Amazon. Or, you can buy a smaller at-home watering kit from Gardena at Debenhams for £26.98. Meanwhile, over at B&Q, shoppers can pick up this Mighty Dripper Greenhouse Plant Watering Irrigation System Gravity Fed Water Drip Kit for £16.99.

Amazon's best lawnmower deals right now – robot and cordless mowers (aff)
Amazon's best lawnmower deals right now – robot and cordless mowers (aff)

Scotsman

time15-05-2025

  • Business
  • Scotsman

Amazon's best lawnmower deals right now – robot and cordless mowers (aff)

You could join the robot lawnmower trend with these Amazon deals | Flymo This article contains affiliate links. We may earn a small commission on items purchased through this article, but that does not affect our editorial judgement. Robot mowers, cordless bundles and rotary classics are all reduced in Amazon's latest lawn care sale – here's what's worth your money. Sign up to our daily newsletter – Regular news stories and round-ups from around Scotland direct to your inbox Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Who knew robot lawnmowers would be the garden gadget of the year? Once reserved for tech obsessives, these AI-powered machines are now seeing massive price drops — and they're not alone. Cordless combos and classic rotary mowers are also slashed in price. We've rounded up the best Amazon deals on grass-cutting gear right now, including some brilliant bundles and high-tech tools to help you tackle the lawn without breaking the bank. Worx WG927E 40V Cordless Lawnmower & Trimmer Pack WORX WG927E cordless lawnmower and trimmer twin pack with batteries and charger | WORX This is a brilliant bundle for anyone with a mid-sized lawn. The cordless lawnmower uses Worx's AUTO-IntelliCut technology to power through tougher grass, while the matching 20V trimmer makes edging easy. You get two 2.0Ah batteries and a dual charger included, and everything is part of the PowerShare system – so you can swap batteries across other Worx tools too. Flymo Speedi-Mo 360VC Electric Rotary Lawn Mower Flymo Speedi-Mo 360VC electric mower with vision window and large grass box | Flymo This reliable rotary mower is ideal for smaller gardens. It has a powerful 1500W motor and a 36cm cutting width for quick results, plus a generous 40L grass box so you're not constantly stopping to empty. The 12-metre cable gives decent range, and the bright orange finish means you won't trip over it on the lawn. Flymo Contour 500E Electric Grass Trimmer and Edger Flymo Contour 500E grass trimmer with plant guard and adjustable handle | Flymo If you're after a simple trimmer that gets the job done, this 500W Flymo model is a strong choice. It's got a telescopic handle, integrated edging wheel and a plant guard to protect your flowers while you work. With automatic double line feed and a lightweight feel, it's easy to handle even for beginners. Gardena smart SILENO Life Robotic Lawnmower Gardena SILENO Life 1000 robotic mower with smart LONA mapping and gateway | Gardena This premium robotic mower is packed with features, including LONA AI for intelligent mapping and area control. You can create no-go zones, schedule cuts via app, and track its location in real-time. It handles slopes up to 35% and lawns up to 1000㎡, and it's quieter than a conversation at just 58dB. A smart buy for effortless garden care. Flymo EasiLife 150 GO Robotic Lawn Mower Flymo EasiLife 150 GO compact robotic mower in orange and grey | Flymo Ideal for compact gardens, the EasiLife 150 GO quietly trims your lawn while you relax. It adapts to weather conditions using LawnSense and FrostSense, and can be controlled via a simple Bluetooth app. It's hose-washable, has a smart return-to-base guide wire, and runs quietly enough for regular cutting without disturbing the neighbours. Looking beyond Amazon? 🪴These trusted UK retailers also offer strong deals on garden tools and lawn care gear:

Amazon lawnmower deals: Best discounts on Flymo, Worx and robotic mowers
Amazon lawnmower deals: Best discounts on Flymo, Worx and robotic mowers

Scotsman

time15-05-2025

  • Scotsman

Amazon lawnmower deals: Best discounts on Flymo, Worx and robotic mowers

You can join the robot lawnmower trend with these Amazon savings | Amazon This article contains affiliate links. We may earn a small commission on items purchased through this article, but that does not affect our editorial judgement. Robot mowers, cordless bundles and rotary classics are all reduced in Amazon's latest lawn care sale – here's what's worth your money. Sign up to our daily newsletter – Regular news stories and round-ups from around Scotland direct to your inbox Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Who knew robot lawnmowers would be the garden gadget of the year? Once reserved for tech obsessives, these AI-powered machines are now seeing massive price drops — and they're not alone. Cordless combos and classic rotary mowers are also slashed in price. We've rounded up the best Amazon deals on grass-cutting gear right now, including some brilliant bundles and high-tech tools to help you tackle the lawn without breaking the bank. Worx WG927E 40V Cordless Lawnmower & Trimmer Pack WORX WG927E cordless lawnmower and trimmer twin pack with batteries and charger | WORX This is a brilliant bundle for anyone with a mid-sized lawn. The cordless lawnmower uses Worx's AUTO-IntelliCut technology to power through tougher grass, while the matching 20V trimmer makes edging easy. You get two 2.0Ah batteries and a dual charger included, and everything is part of the PowerShare system – so you can swap batteries across other Worx tools too. Flymo Speedi-Mo 360VC Electric Rotary Lawn Mower Flymo Speedi-Mo 360VC electric mower with vision window and large grass box | Flymo This reliable rotary mower is ideal for smaller gardens. It has a powerful 1500W motor and a 36cm cutting width for quick results, plus a generous 40L grass box so you're not constantly stopping to empty. The 12-metre cable gives decent range, and the bright orange finish means you won't trip over it on the lawn. Flymo Contour 500E Electric Grass Trimmer and Edger Flymo Contour 500E grass trimmer with plant guard and adjustable handle | Flymo If you're after a simple trimmer that gets the job done, this 500W Flymo model is a strong choice. It's got a telescopic handle, integrated edging wheel and a plant guard to protect your flowers while you work. With automatic double line feed and a lightweight feel, it's easy to handle even for beginners. Gardena smart SILENO Life Robotic Lawnmower Gardena SILENO Life 1000 robotic mower with smart LONA mapping and gateway | Gardena This premium robotic mower is packed with features, including LONA AI for intelligent mapping and area control. You can create no-go zones, schedule cuts via app, and track its location in real-time. It handles slopes up to 35% and lawns up to 1000㎡, and it's quieter than a conversation at just 58dB. A smart buy for effortless garden care. Flymo EasiLife 150 GO Robotic Lawn Mower Flymo EasiLife 150 GO compact robotic mower in orange and grey | Flymo Ideal for compact gardens, the EasiLife 150 GO quietly trims your lawn while you relax. It adapts to weather conditions using LawnSense and FrostSense, and can be controlled via a simple Bluetooth app. It's hose-washable, has a smart return-to-base guide wire, and runs quietly enough for regular cutting without disturbing the neighbours. Looking beyond Amazon? 🪴These trusted UK retailers also offer strong deals on garden tools and lawn care gear:

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