INTERIM REPORT JANUARY - MARCH 2010

INTERIM REPORT JANUARY - MARCH 2010

Magnus Yngen, President and CEO:
“The year had a slow start due to an unusually long and cold winter in several
markets. The weather affected the sell-in for the garden season and activities
in the construction market. However, sales picked up and increased considerably
towards the end of the quarter.
The cautious inventory management by the trade, which has been a marked feature
during the recession, continued. Inventory in the trade is estimated to be
slightly lower than a year ago and retailers are likely to remain cautious.
The introduction of our new global organization is one of the most important
steps for improving internal efficiency in the Group. The organization is now in
place and several initiatives relating to supply chain, products and marketing
and sales are in progress. The initiatives are already paying off, improving
efficiency and reducing costs. 
The Group's operating margin improved and income was in line with the first
quarter of 2009, despite the drop in sales. Construction, which was strongly
impacted by the recession, returned to profit on the back of a strong mix and
successful cost-reduction measures. Overall, it was very encouraging to see the
margin development despite a difficult sell-in quarter.”

• Net sales amounted to SEK 9,082m (11,152) and operating income was SEK 778m
(786). Income for the period was SEK 535m (464), or SEK 0.92 (0.98) per share.

• Improved Group operating margin.

• Higher operating income and margin for Europe & Asia/Pacific and Construction,
lower for Americas.

• Efficiency initiatives continue to generate cost savings.

• Long and cold winter delayed the start of the garden season.

TELEPHONE CONFERENCE
A telephone conference will be held at 14.00 CET on 27 April 2010. To
participate, please call 
+46 (0)8 5052 0110 or +44 (0) 20 7162 0077 ten minutes prior to the start of the
conference.
A replay of the telephone conference will be available at www.husqvarna.com/ir.

CONTACTS
Bernt Ingman, Chief Financial Officer, +46 36 14 65 05
Boel Sundvall, SVP Corporate Communications & IR, +46 8 738 70 18
Tobias Norrby, Investor Relations Manager, +46 8 738 83 35
Husqvarna Press Hotline, +46 8 738 70 80.


This interim report comprises information which Husqvarna is required to
disclose under the Securities Markets Act and/or the Financial Instruments
Trading Act. It was released for publication at 12.00 CET on 27 April 2010.