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Husqvarna AB (publ) (HSQVY) Q1 2026 Earnings Call Transcript
2026-04-23 · via All Articles on Seeking Alpha

Husqvarna AB (publ) (HSQVY) Q1 2026 Earnings Call April 23, 2026 3:00 AM EDT

Company Participants

Emelie Alm - Head of Investor Relations
Glen Instone - CEO & Director
Terry Burke - CFO and Executive VP of Finance & IR

Conference Call Participants

Fredrik Ivarsson - ABG Sundal Collier Holding ASA, Research Division
Björn Enarson - Danske Bank A/S, Research Division
Alexander Siljeström - Pareto Securities AS, Research Division
Johan Eliason - Sparebank 1 Markets AS, Research Division

Presentation

Emelie Alm
Head of Investor Relations

Good morning, everyone, and welcome to the presentation of the first quarter results 2026 for Husqvarna Group. My name is Emelie Alm, and I'm joined here today by our CEO, Glen Instone; and our CFO, Terry Burke.

So Glen and Terry will walk you through the presentation, and then we will have a Q&A session. [Operator Instructions]

So with that, I would like to hand over to you, Glen.

Glen Instone
CEO & Director

Thank you, Emelie, and a warm welcome from my side. So let's jump straight into the presentation.

Q1, to summarize, off to a very solid start despite, of course, the continued uncertain market sentiment that we see out there, particularly around geopolitical tensions. We've seen a strong growth in our core portfolio, our key strategic growth areas. We're very pleased that our EBIT has expanded with some 10% given the strong product mix, but also a very good start to our savings program.

From a strategic execution perspective, we've got a very good 2026 ahead of us in terms of product launches, and Q1 has started very well when it comes to our product launches ahead of the season. We made a very good start around the strategic portfolio management that we launched back in December, and we'll come back to that later in the presentation.