Financials Husqvarna AB

Equities

HUSQ B

SE0001662230

Appliances, Tools & Housewares

Market Closed - Nasdaq Stockholm Other stock markets 12:00:00 2024-12-13 EST			5-day change	1st Jan Change
61.66 ^SEK	+1.41%		-5.08%	-25.69%

12-12	Big bankers have retreated in a handful of large companies - Di	FW
12-12	Husqvarna's Vice Chairman Torbjörn Lööf buys shares for SEK 0.5 million	FW

Projected Income Statement: Husqvarna AB

income-statement-evolution-chart HUSQVARNA-AB

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	42,277	41,943	47,059	54,037	53,261	48,162	50,244	52,429
Change	-	-0.79%	12.2%	14.83%	-1.44%	-9.57%	4.32%	4.35%
EBITDA ¹	5,779	6,206	7,987	6,385	7,911	6,206	7,222	7,923
Change	-	7.39%	28.7%	-20.06%	23.9%	-21.56%	16.37%	9.72%
EBIT ¹	3,915	4,484	5,684	4,853	4,970	3,289	4,209	4,868
Change	-	14.53%	26.76%	-14.62%	2.41%	-33.82%	27.96%	15.64%
Interest Paid ¹	-568	-339	-252	-461	-1,002	-862.2	-720.7	-661.1
Earnings before Tax (EBT) ¹	3,122	3,330	5,494	2,581	2,878	1,952	3,480	4,184
Change	-	6.66%	64.98%	-53.02%	11.51%	-32.19%	78.32%	20.22%
Net income ¹	2,527	2,494	4,437	1,932	2,177	1,485	2,663	3,195
Change	-	-1.31%	77.91%	-56.46%	12.68%	-31.8%	79.34%	20%
Announcement Date	2/4/20	2/3/21	2/3/22	2/1/23	2/2/24	-	-	-

¹SEK in Million

Estimates

Fiscal Period: Dezember	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4
Net sales ¹	6,408	12,208	13,482	9,570	6,683	14,030	14,614	10,180	8,234	15,685	15,792	12,206	10,353	17,167	16,976	10,512	8,605	14,719	15,430	9,739	8,319	14,425	15,495	10,247	8,622
Change	-	90.51%	10.44%	-29.02%	-30.17%	109.94%	4.16%	-30.34%	-19.12%	90.49%	0.68%	-22.71%	-15.18%	65.82%	-1.11%	-38.08%	-18.14%	71.05%	4.83%	-36.88%	-14.58%	73.39%	7.42%	-33.87%	-15.86%
EBITDA ¹	54	1,970	2,749	1,547	-59	2,824	3,183	1,479	480	2,788	2,695	1,260	-287	3,105	3,031	1,112	631	2,667	2,669	833	653	-	-	-	-
Change	-	3,548.15%	39.54%	-43.72%	-	-	12.71%	-53.53%	-67.55%	480.83%	-3.34%	-53.25%	-	-	-2.38%	-63.31%	-43.26%	322.66%	0.07%	-68.79%	-21.61%	-100%	-	-	-
EBIT ¹	-310	1,424	2,191	997	-129	2,293	2,645	926	-180	2,190	2,075	555	-13	2,410	2,313	398	-168	1,930	1,906	52	-745.8	1,637	1,830	429	-13
Change	-	-	53.86%	-54.5%	-	-	15.35%	-64.99%	-	-	-5.25%	-73.25%	-	-	-4.02%	-82.79%	-	-	-1.24%	-97.27%	-	-	11.79%	-76.56%	-
Charge d'intérêts ¹	-131	-109	-78	-79	-74	-61	-62	-98	-31	-61	-87	-87	-226	-245	-247	-221	-289	-229	-258	-206	-193.8	-187	-181	-176	-171
Earnings before Tax (EBT) ¹	-624	1,315	2,114	919	-1,018	2,232	2,597	828	-163	2,098	1,978	468	-1,963	2,119	1,854	178	-1,272	1,702	1,641	-154	-1,391	1,450	1,649	253	-183
Change	-	-	60.76%	-56.53%	-	-	16.35%	-68.12%	-	-	-5.72%	-76.34%	-	-	-12.51%	-90.4%	-	-	-3.58%	-	-803%	-	13.72%	-84.66%	-
Net income ¹	-388	992	1,566	654	-719	1,658	2,000	631	148	1,638	1,417	269	-1,392	1,653	1,411	125	-1,011	1,322	1,273	-153	-1,091	1,116	1,269	195	-141
Change	-	-	57.86%	-58.24%	-	-	20.63%	-68.45%	-76.55%	1,006.76%	-13.49%	-81.02%	-	-	-14.64%	-91.14%	-	-	-3.71%	-	-613.2%	-	13.71%	-84.63%	-
Announcement Date	2/4/20	4/24/20	7/16/20	10/20/20	2/3/21	4/22/21	7/16/21	10/20/21	2/3/22	4/21/22	7/15/22	10/21/22	2/1/23	4/20/23	7/18/23	10/20/23	2/2/24	4/24/24	7/18/24	10/22/24	-	-	-	-	-

¹SEK in Million

Estimates

Forecast Balance Sheet: Husqvarna AB

balance-sheet-analysis-chart HUSQVARNA-AB

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	11,315	6,493	9,623	17,709	15,640	13,845	12,151	10,432
Change	-	-42.62%	48.21%	84.03%	-11.68%	-11.48%	-12.24%	-14.15%
Announcement Date	2/4/20	2/3/21	2/3/22	2/1/23	2/2/24	-	-	-

¹SEK in Million

Estimates

Cash Flow Forecast: Husqvarna AB

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	2,232	1,994	2,524	2,344	2,627	2,415	2,639	2,658
Change	-	-10.66%	26.58%	-7.13%	12.07%	-8.08%	9.27%	0.72%
Free Cash Flow (FCF) ¹	2,676	6,087	3,140	-4,052	4,440	4,048	2,761	3,152
Change	-	127.47%	-48.41%	-229.04%	-209.58%	-8.83%	-31.79%	14.15%
Announcement Date	2/4/20	2/3/21	2/3/22	2/1/23	2/2/24	-	-	-

¹SEK in Million

Estimates

Forecast Financial Ratios: Husqvarna AB

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	13.67%	14.8%	16.97%	11.82%	14.85%	12.89%	14.37%	15.11%
EBIT Margin (%)	9.26%	10.69%	12.08%	8.98%	9.33%	6.83%	8.38%	9.28%
EBT Margin (%)	7.38%	7.94%	11.67%	4.78%	5.4%	4.05%	6.93%	7.98%
Net margin (%)	5.98%	5.95%	9.43%	3.58%	4.09%	3.08%	5.3%	6.09%
FCF margin (%)	6.33%	14.51%	6.67%	-7.5%	8.34%	8.41%	5.5%	6.01%
FCF / Net Income (%)	105.9%	244.07%	70.77%	-209.73%	203.95%	272.67%	103.71%	98.65%
Profitability
ROA	6.27%	5.83%	9.4%	3.43%	3.65%	2.2%	4.5%	5.8%
ROE	15.18%	13.5%	22.2%	13.69%	12.56%	6.48%	10.95%	12.49%
Financial Health
Leverage (Debt/EBITDA)	1.96x	1.05x	1.2x	2.77x	1.98x	2.23x	1.68x	1.32x
Debt / Free cash flow	4.23x	1.07x	3.06x	-4.37x	3.52x	3.42x	4.4x	3.31x
Capital Intensity
CAPEX / Current Assets (%)	5.28%	4.75%	5.36%	4.34%	4.93%	5.01%	5.25%	5.07%
CAPEX / EBITDA (%)	38.62%	32.13%	31.6%	36.71%	33.21%	38.91%	36.54%	33.54%
CAPEX / FCF (%)	83.41%	32.76%	80.38%	-57.85%	59.17%	59.65%	95.56%	84.32%
Items per share
Cash flow per share ¹	8.577	14.11	9.866	-2.982	12.36	11.5	7.9	8.5
Change	-	64.45%	-30.06%	-130.23%	-514.54%	-6.98%	-31.3%	7.59%
Dividend per Share ¹	-	2.4	3	3	3	2.539	2.853	3.111
Change	-	-	25%	0%	0%	-15.36%	12.37%	9.03%
Book Value Per Share ¹	30.21	29.8	37.7	41.9	41.6	40.99	43.1	45.81
Change	-	-1.36%	26.51%	11.14%	-0.72%	-1.46%	5.13%	6.3%
EPS ¹	4.42	4.35	7.73	3.38	3.81	2.601	4.649	5.58
Change	-	-1.58%	77.7%	-56.27%	12.72%	-31.74%	78.75%	20.03%
Nbr of stocks (in thousands)	572,203	572,578	572,922	570,453	570,618	571,697	571,697	571,697
Announcement Date	2/4/20	2/3/21	2/3/22	2/1/23	2/2/24	-	-	-