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Husqvarna Will Shift Production to Asia After Q3 2026 Operating Loss

Summary by Quartz
The company reported a third-quarter operating loss of SEK 334 million as drought in Europe cut sales in its Forest & Garden division

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Lean Left

The large company Husqvarna Group, which manufactures garden tools, among other things, reported a loss in the third quarter. One reason for the reduced sales is said to be the drought in Europe.

·Stockholm, Sweden
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The Stockholm Stock Exchange shows only small movements on Wednesday morning. Handelsbanken retreats after its interim report, while Husqvarna falls by double digits after its losing quarter.

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Gardening company Husqvarna turned to an operating loss in the third quarter while sales declined. “Continued weak consumer demand in key markets,” comments CEO Glen Instone.

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svt Nyheter broke the news in Stockholm, Sweden on Wednesday, October 21, 2026.
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