Husqvarna AB 2009 AR2
The report highlights Husqvarna Group's performance in 2009, a year marked by a substantial drop in demand across all product areas due to the global recession. To address these challenges, the company implemented significant restructuring measures, including consolidating production in Sweden and the US, and announced a new global functional organization effective January 1, 2010. Despite lower sales and operating income, operating cash flow improved significantly to SEK 3,737m through working capital reductions, and the balance sheet was strengthened by a SEK 3 billion rights issue. On the sustainability front, Husqvarna adopted a revised environmental policy, introduced a new web-based environmental reporting system, and launched the AutoTune engine technology, which won the internal 'Best Green Innovation' award.
Company: Husqvarna AB
Sector: Industrials
Country: Sweden
Year: 2009
Type: AR2
Pages: 130
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Husqvarna AB
Annual Report
The report highlights Husqvarna Group's performance in 2009, a year marked by a substantial drop in demand across all product areas due to the global recession. To address these challenges, the company implemented significant restructuring measures, including consolidating production in Sweden and the US, and announced a new global functional organization effective January 1, 2010. Despite lower sales and operating income, operating cash flow improved significantly to SEK 3,737m through working capital reductions, and the balance sheet was strengthened by a SEK 3 billion rights issue. On the sustainability front, Husqvarna adopted a revised environmental policy, introduced a new web-based environmental reporting system, and launched the AutoTune engine technology, which won the internal 'Best Green Innovation' award.
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Document Details
Report Year
2009
Reporting Period
Jan 1, 2009 - Dec 31, 2009
Fiscal Year
2009
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees