HUSQ-B.ST - Husqvarna AB (publ)

Stockholm - Stockholm Real Time Price. Currency in SEK

Husqvarna AB (publ)

Regeringsgatan 28
Stockholm
Sweden
46 8 738 90 00
http://www.husqvarnagroup.com/en

SectorIndustrials
IndustryTools & Accessories
Full Time Employees12,910

Key Executives

NameTitlePayExercisedYear Born
Mr. Kai WärnCEO, Pres & DirectorN/AN/A1959
Mr. Glen InstoneSr. VP of Fin., IR & Communication and CFON/AN/A1977
Mr. Anders JohansonSr. VP of Innovation & Technology and CTON/AN/A1969
Johan AnderssonDirector of Group Corp. Communications & Investor RelationsN/AN/AN/A
Mr. Brian S. BelangerSr. VP of Legal Affairs & Gen. Counsel and Sec. to BoardN/AN/A1969
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SEK.

Description

Husqvarna AB (publ) produces and sells outdoor power and garden watering products worldwide. It operates through three divisions: Husqvarna, Gardena, and Construction. The Husqvarna division offers handheld products, such as chainsaws, brush cutters, trimmers, and leaf blowers; wheeled products, such as front riders, garden tractors, zero-turn mowers, walk-behind mowers, and snow throwers; robotic lawn mowers; and accessories and spare parts. The Gardena division provides watering management products, including garden hoses, connectors, reels, sprayers, sprinklers and sprinkler systems, water pumps, and watering controls; battery-and petrol-powered products, such as robotic mowers, trimmers, hedge cutters, and shrub shears; and garden tools comprising secateurs, loppers, axes, digging tools, and winter tools, as well as smart products consisting of Gardena Smart System, a connected automatic lawn care and water management solution. The Construction division offers construction products that include power cutters, drill motors, floor grinding machines, dust and slurry solutions, demolition robots, and diamond tools for construction and stone industries, as well as floor, tile and masonry, wall, and wire saws; and light compaction and concrete placement equipment. The company sells its products and solutions to forestry, tree care, landscaping, commercial lawn, and garden services sectors, as well as home and landowners primarily under the Husqvarna, Gardena, Diamant Boart, Zenoah, McCulloch, Jonsered, Flymo, and Klippo brands through dealers and retailers. Husqvarna AB (publ) was founded in 1689 and is headquartered in Stockholm, Sweden.

Corporate Governance

Husqvarna AB (publ)’s ISS Governance QualityScore as of October 4, 2019 is 9. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 9; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.