Husqvarna shares slide to 14-year low after third-quarter profit shortfall
Shares of Swedish garden-equipment maker Husqvarna fell about 8% after a Q3 adjusted operating loss, Reuters reported, a low not seen since 2012.
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what happened
Husqvarna shares dropped roughly 8% after the company reported third-quarter results that fell well short of forecasts, Reuters said. The adjusted operating result swung to a loss of 246 million Swedish crowns ($24.8 million), while analysts at Jefferies had pencilled in earnings of 25 million crowns. The stock touched its lowest level since September 2012.
Organic sales contracted 5% in the quarter, hurt by soft demand in Europe and a widespread drought. Jefferies argued that lower volumes, a less favourable product mix and higher raw material and logistics bills outweighed the savings, producing a sharp miss on profitability.
why it matters
Husqvarna's weak report matters for investors in Swedish industrial stocks because it shows how rising costs can erase the benefit of savings. For the garden-equipment sector, European demand, weather and competition in robotic lawnmowers remain the key variables to watch.
market impact
Husqvarna shares: weak European demand and higher costs pressure earnings and the stock
tags
instruments
sources
- Husqvarna at 14-year lows after Q3 profit miss — Reuters, 21 October 2026 at 07:45 UTC
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