Most of us know the Husqvarna name. Maybe it’s from your neighbor’s leaf blower, or a friend’s lawn tractor, or the bright orange chainsaws at the hardware store. Husqvarna Group has been around since before the United States was a country—over 330 years of business is no small thing. So, when rumors start flowing about one of Sweden’s oldest manufacturing giants shutting down, it catches people’s attention.
Let’s clear the air: Husqvarna Group isn’t going out of business. There’s no bankruptcy, no closure plan, and no frantic last-ditch restructuring happening right now. What you will see is a company under pressure—like many other outdoor equipment brands in 2024 and 2025—but still holding its ground.
Digging Into Husqvarna’s Financial Situation
To see why folks are talking about Husqvarna’s future, you have to look at the numbers. The company’s recent financial reports show a few red flags, but nothing that screams, “we’re about to go under.” What they do show is an organization weathering some industry bumps but still paying the bills.
In the nine months that wrapped up Q3 2025, Husqvarna Group reported net sales of SEK 39,184 million. That’s down about 2% from the previous year—a sign that their top-line growth is definitely slow. Operating income was SEK 3,735 million, a notch below the 2024 figure, giving them a respectable 9.5% operating margin. For those who pay close attention to these things, that’s a slight dip but still healthy for a manufacturing company in a tough year.
What stands out this year is the company’s improved cash flow. Their operations and investments generated SEK 4.4 billion in positive cash flow for the same January-to-September period. At the same time, net debt shrank to SEK 9.9 billion, with a net debt/EBITDA ratio down to 2.2. For context, investors usually get anxious if this ratio gets much higher than 3. This means that while sales growth is stalling, Husqvarna’s financial discipline is letting them stay nimble.
For full-year 2024, they finished with SEK 48,352 million in net sales, which is below their 2023 haul (SEK 53,261 million). Operating income slipped, too—SEK 2,597 million, compared to SEK 3,880 million the year before. The important point, though: net income, though down, remained positive at SEK 1,326 million. They were still earning more than they spent.
What’s Hurting Husqvarna Right Now
So, why is Husqvarna’s growth sliding? The answer comes down to several economic headaches hitting a lot of global manufacturers right now. For one, U.S. demand for yard tools and power equipment has slowed, especially after a couple of years where everyone was at home fixing up their lawns and gardens. Many North American dealers found themselves overstocked, which pulled new orders down.
On top of that, there’s the currency rollercoaster. With the Swedish krona having a weak run against the U.S. dollar, Husqvarna’s costs have creeped up, squeezing profits. Then factor in higher tariffs and increased costs for shipping and materials. It’s not just Husqvarna—pretty much every global company with products crossing borders is feeling this pinch.
To cope, Husqvarna’s management put through cost-saving plans. They’ve even tweaked their product mix, pushing more professional tools and premium products which generally offer better margins. By focusing on the professional segment—think city parks, municipalities, landscaping companies—they’ve managed a bit of growth, even as consumer sales lagged behind.
Plans for Getting Back on Track
Whenever you see a company’s sales drop, you know management is feeling pressure to outline a comeback story. In Husqvarna’s case, the arrival of a new CEO in 2025 was a signal. He’s already talking publicly about building a path to greater efficiency and competitiveness by 2030. The strategy around this is pretty simple—tighten costs, improve manufacturing, invest in areas with better growth prospects (think robots and battery-powered gear), and keep adjusting to what dealers and landscapers actually want.
In short, they’re not standing still and hoping for the best. At their core, Husqvarna’s betting that the trend toward pro-grade battery equipment and smarter, automated solutions is going to keep growing, so that’s where they’re putting a lot of their R&D money.
Wait, What’s This About Husqvarna Motorcycles?
You might have seen stories about “Husqvarna” turning up in motorcycle news—sometimes with pretty scary numbers attached. Here’s the twist: Husqvarna Motorcycles isn’t actually the same company as Husqvarna Group, at least not anymore. The motorcycle side is owned by Pierer Mobility AG, based in Austria. They’ve had a rough time lately, with bike sales dropping nearly 39% and factory shutdowns caused by bigger financial problems at Pierer.
But this motorcycle mess doesn’t affect the core tool and garden business of Husqvarna Group. The two businesses just share a history and part of the name. When you read about “Husqvarna” making headlines for slashed production or cash shortages, it’s usually the bikes, not your local home improvement store’s chainsaws and tractors.
Should Investors Be Worried?
For people holding Husqvarna stock, or even just watching the market, this past year has been a little nerve-wracking. With the drop in sales and lower net income, even long-term investors started asking questions about Husqvarna’s balance sheet. Some worried about leverage—the amount of debt compared to how much the company actually earns each year. Others kept an eye on free cash flow, which turned negative in certain quarters for some smaller Husqvarna units.
Still, there’s no panic button being pressed. The company’s liquidity, which means how easily they can pay their bills, remains solid. As of recent reports, Husqvarna has a current ratio of 1.68. For non-accountants, that’s a measure of short-term financial health, and anything above 1.2 is generally considered “good.” So, they aren’t scrambling to avoid missing payments.
The stock has taken some hits—reflecting these worries about future growth and the tough economic environment—but there’s a big difference between sluggish performance and real insolvency.
If you’re interested in more coverage and breakdowns on corporate finance and company health, there’s a lot available at Eve of Business.
The Bottom Line—No, Husqvarna Group Isn’t Closing
We’ve seen plenty of big brands get caught up in rumors of closure or bankruptcy when times get tough. Right now, Husqvarna Group just isn’t one of them. The numbers show a company with some shrinking sales, a couple of squeezed quarters, and a fair amount of anxiety from investors. But with improving cash flows, reduced net debt, a healthy current ratio, and a CEO pushing for longer-term strategic changes, they’re past the point of sweating about survival.
If you’re thinking about buying a string trimmer this spring, or just want to know that the local hardware store will still have replacement blades five years from now, Husqvarna’s not going anywhere—at least, not based on how things stand in 2025. Between a history of adapting to new challenges and a clear runway for the next few years, all signs point to “steady, if not spectacular.”
So when you see the “Husqvarna in trouble” rumors, just remember: There are bumps, but it’s a company built for the long haul.
Also Read:
