Key Developments: Husqvarna AB (HUSQb.ST)

HUSQb.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Husqvarna AB sells BlueBird International to TEC International
Wednesday, 10 Dec 2014 08:00am EST 

Husqvarna AB and TEC International:Jointly announced the sale of Bluebird International to TEC International.Transaction transferred the BlueBird brand, sales and manufacturing to TEC.Under the terms of the agreement, which closed on Dec. 5, 2014, TEC International will continue to produce Husqvarna branded specialty turf equipment.  Full Article

Husqvarna AB proposes Tom Johnstone as new Chairman
Thursday, 4 Dec 2014 07:00am EST 

Husqvarna AB:Says that Tom Johnstone proposed as new Chairman of the Board.Says its Chairman, Lars Westerberg, has announced that he declines re-election to the company.  Full Article

Husqvarna AB's CFO to leave the Group
Wednesday, 22 Oct 2014 02:00am EDT 

Husqvarna AB:Says Ulf Liljedahl, CFO of Husqvarna Group since 2011, has decided to leave the Group as of end of Feb. 2015.Says Ulf Liljedahl has been appointed President and CEO of Volito Group.  Full Article

Husqvarna AB launches new organization for forest and garden operations
Friday, 13 Jun 2014 02:30am EDT 

Husqvarna AB:Says it will establish new organization for its forest and garden operations.Construction division will continue in current form.New organization will gradually be implemented and fully effective as of Jan. 1, 2015.Forest and garden operations will be organized in three global brand divisions representing three different business models: Husqvarna, Gardena and Consumer Brands.Husqvarna (including Zenoah), which are dealer channel centric brands that have recognition across many different forest and garden product segments, primarily for professionals and demanding consumers, will be headed by Pavel Hajman, who joined the group on June 1.Gardena, which is retail centric brand with recognition in consumer watering segment, will be headed by Sascha Menges, currently Head of Manufacturing and Logistics.Consumer Brands, which includes all other Group brands, such as PoulanPro, McCulloch and Flymo, will be headed by Alan Shaw, currently Head of Americas.Says most operational activities will primarily be organized within the divisions.To secure synergies and strategic alignment across the group a Group Operations division will be established.Group Operations will be headed by Valentin Dahlhaus, currently VP Demand and Supply Chain Management.To further secure synergies and strategic alignment, global staff functions such as Business Development and Technology Office will also be established.  Full Article

Husqvarna AB sets FY 2013 dividend at 1.50 Swedish crowns per share
Thursday, 10 Apr 2014 12:30pm EDT 

Husqvarna AB:Says, at the AGM, it set the dividend for FY 2013 at 1.50 Swedish crowns per share.The record date for the dividend was set at April 15 and the estimated date for the payment of the dividend is April 22.  Full Article

Husqvarna AB announces details on fiscal year 2013 dividend
Friday, 7 Mar 2014 02:30am EST 

Husqvarna AB:Says board of directors proposes a dividend for the financial year 2013 of 1.50 Swedish crown per share and April 15 as record date for the dividend.Says if annual general meeting resolves in accordance with board of directors’ proposal, the estimated date for payment of dividend from Euroclear Sweden AB is April 22.  Full Article

Husqvarna AB proposes dividend for FY 2013
Thursday, 6 Feb 2014 02:12am EST 

Husqvarna AB:Says the board proposes a dividend of 1.50 Swedish crown per share for 2013.  Full Article

Husqvarna AB Announces Mr. Kai Warn New Chief Executive Officer and President
Wednesday, 27 Mar 2013 03:00am EDT 

Husqvarna AB announced that the Board of Directors of the Company has appointed Mr. Kai Warn as Husqvarna's new Chief Executive Officer and President. He will replace Mr. Hans Linnarson on July 1, 2013. Mr. Linnarson will continue to work for the Company until he retires early 2014.  Full Article

Husqvarna AB Announces Details on FY 2012 Dividend
Friday, 8 Mar 2013 02:30am EST 

Husqvarna AB announced that its Board of Directors proposes a dividend for the financial year 2012 of SEK 1.50 per share and April 16, 2013 as record date for the dividend. If the Annual General Meeting resolves in accordance with the Board of Directors’ proposal, the estimated date for payment of the dividend from Euroclear Sweden AB is April 19, 2013.  Full Article

Husqvarna AB to Invest in New Production Facility
Wednesday, 13 Feb 2013 02:00am EST 

Husqvarna AB announced that it has decided to invest in a new production facility for manufacturing of chainsaw chains in Huskvarna, Sweden, where the Group already manufactures professional chainsaws, brush cutters and trimmers. The Group will also invest in expanded capacity for manufacturing of cylinders for two-stroke engines for chainsaws in the Group’s facilities in Nashville, the United States and in Huskvarna, Sweden. In 2015, the new facility in Huskvarna will employ over 100 people. The investments will amount to approximately SEK 1 billion during period between 2013 and 2015.  Full Article

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