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Husqvarna to Exit Non-Core Stone Diamond Tools Business in Portfolio Shift

Story Highlights
  • Husqvarna Group will discontinue its non-core stone diamond tools operations, closing plants in Belgium, Portugal, Greece and related global activities.
  • The exit, to be completed by end-2026, will cut SEK 250 million in annual sales but slightly boost margins while affecting about 200 employees worldwide.
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An announcement from Husqvarna AB ( ($SE:HUSQ.B) ) is now available.

Husqvarna Group plans to discontinue its non-core stone diamond tools business within the Construction Division as part of a broader strategy to focus on profitable growth and tighter portfolio management. The move entails shutting manufacturing operations in Belgium, Portugal, and Greece, along with related global service centers and sales activities tied to the stone business.

The exit, expected to be completed by the end of 2026, will reduce annual net sales by about SEK 250 million but is anticipated to have a slightly margin-accretive effect on the division’s operating margin. Approximately 200 jobs will be affected, and the company says the withdrawal will be managed country by country in consultation with works councils and unions, highlighting its aim for a responsible transition for employees and stakeholders.

The most recent analyst rating on ($SE:HUSQ.B) stock is a Hold with a SEK55.00 price target. To see the full list of analyst forecasts on Husqvarna AB stock, see the SE:HUSQ.B Stock Forecast page.

More about Husqvarna AB

Husqvarna Group is a global leader in equipment and solutions for managing forests, parks, and gardens, as well as machinery and diamond tools for the construction industry. Founded in 1689 and headquartered in Stockholm, the company operates mainly under the Husqvarna and Gardena brands in over 100 countries and employs about 11,900 people worldwide.

Its portfolio ranges from robotic mowers and chainsaws to watering systems and power cutters, serving both consumers and professionals through direct channels, dealers, and retailers. Listed on Nasdaq Stockholm, Husqvarna reported net sales of SEK 46.6 billion in 2025 and maintains a strong focus on innovation and long-term sustainability for future generations.

Average Trading Volume: 1,310,873

Technical Sentiment Signal: Sell

Current Market Cap: SEK24.62B

For a thorough assessment of HUSQ.B stock, go to TipRanks’ Stock Analysis page.

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