Husqvarna AB Presents at SEB NASDAQ OMX Nordic Market Day, May-16-2013 . Venue: The NASDAQ MarketSite, NASDAQ Tower, 4 Times Square, New York, NY 10036, United States. Speakers: Tobias Norrby, Investor Relations Manager, Ulf Liljedahl, Chief Financial Officer, Head of Group Staff Finance, IT & Investor Relations and Senior Vice President.

Husqvarna AB reported group and parent earnings results for the first quarter ended March 2013. For the quarter, on consolidated basis, net sales amounted to SEK 9,024 million against SEK 9,811 million for the same period in the last year. Adjusted for exchange rate effects, net sales decreased 4%. Operating income decreased to SEK 688 million against SEK 930 million for the same period in the last year, which entirely relates to Europe & Asia/Pacific. Changes in exchange rates negatively impacted operating income by SEK 135 million year over year. Income for the period was SEK 633 million or SEK 1.10 per diluted share against SEK 632 million or SEK 1.10 per diluted share a year ago. Return on equity was 7.5% against 9.4% a year ago. Operating cash flow improved to negative SEK 1,786 million against negative SEK 2,443 million for the same period in the last year. Earnings per share decreased to SEK 0.81 against SEK 1.10 for the same period in the last year. Capital expenditure was SEK 203 million against SEK 164 million a year ago. Return on capital employed was 6.5% against 8.4% a year ago. The company’s first quarter results were impacted by unfavorable weather conditions and continued macroeconomic slowdown in Europe. Earnings were also negatively affected by the strong Swedish Krona which accounted for more than half of the decline in operating income, and reduced manufacturing utilization to meet the lower demand. Net debt amounted to some SEK 10.1 billion compared to some SEK 10.7 billion a year ago. For the quarter, the parent company reported net sales of SEK 3,217 million against SEK 3,442 million a year ago. Operating income was up to SEK 23 million against SEK 454 million a year ago. Loss after financial items was SEK 60 million against income after financial items of SEK 357 million a year ago. Loss before taxes was SEK 141 million against income before taxes of SEK 285 million a year ago. For the full year of 2013, the company should end up with some SEK 1.7 billion in CapEx based on the lower activities, it adjust this one now down to some SEK 1.4 billion. The company expects tax guidance a range between 20% to 24%.

Husqvarna AB announced that the Annual General Meeting of shareholders of the company was held on April 11, 2013, approved the dividend of SEK 1.50 per share. The record date for the dividend was set at April 16, 2013 and the estimated date for the payment of the dividend is April 19, 2013. The company shareholders also approved the election of Daniel Nodhäll as new member of Board. Börje Ekholm declined for re-election of the Board of the company.