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MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Husqvarna AB    HUSQ B   SE0001662230

HUSQVARNA AB

(HUSQ B)
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Husqvarna : Nomination Committee for the 2021 Annual General Meeting

09/15/2020 | 05:01am EST

In accordance with the decision by Husqvarna's Annual General Meeting ("AGM") on June 26, 2020, the members of the Nomination Committee for the 2021 AGM are to be appointed by the four largest shareholders in terms of voting rights in the company as of the last banking day in the month of August, August 31, 2020, who have expressed a wish to participate in the nomination committee work. In addition, the Nomination Committee shall also include the Chair of the Husqvarna Board. 

On August 31, 2020, the four largest shareholders in terms of voting rights were Investor AB, L E Lundbergföretagen AB, If Skadeförsäkring AB and Didner & Gerge Fonder AB. Each has now appointed one member, as shown below, who will form Husqvarna's Nomination Committee together with the Chair of the Husqvarna Board.

The Nomination Committee's members:
Petra Hedengran (Chair), Investor AB
Claes Boustedt, L E Lundbergföretagen AB
Fredrik Ahlin, If Skadeförsäkring AB
Henrik Didner, Didner & Gerge Fonder AB
Tom Johnstone, Board Chair of Husqvarna AB

The Nomination Committee will prepare proposals for the AGM in 2021, including proposals for the Chair of the AGM, Board members, Chair of the Board, remuneration for Board members, auditors, fees to the auditors, and to the extent deemed necessary, the tasks and composition of the Nomination Committee for the AGM in 2022.

The AGM of Husqvarna AB (publ) will be held in Jönköping, Sweden on April 14, 2021.Shareholders who wish to submit proposals to the Nomination Committee may do so by email to nominationcommittee@husqvarnagroup.com if possible, by February 17, 2021.

For more information please contact:

Johan Andersson, Director, Corporate Communications and Investor Relations, 

+46 702 100 451 or ir@husqvarnagroup.com 

Husqvarna Group
Husqvarna Group is a global leading producer of outdoor power products and innovative solutions for forest, park and garden care. Products include chainsaws, trimmers, robotic lawn mowers and ride-on lawn mowers. The Group is also the European leader in garden watering products and a global leader in cutting equipment and diamond tools for the construction and stone industries. The Group's products and solutions are sold under brands including Husqvarna, Gardena, McCulloch, Poulan Pro, Weed Eater, Flymo, Zenoah and Diamant Boart via dealers and retailers to consumers and professionals in more than 100 countries. Net sales in 2019 amounted to SEK 42bn and the Group has around 13,000 employees in 40 countries.

https://news.cision.com/husqvarna-ab/r/husqvarna-ab-s-nomination-committee-for-the-2021-annual-general-meeting,c3194245

https://mb.cision.com/Main/996/3194245/1306389.pdf

(c) 2020 Cision. All rights reserved., source Press Releases - English

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Financials
Sales 2020 41 756 M 5 033 M 5 033 M
Net income 2020 2 537 M 306 M 306 M
Net Debt 2020 7 598 M 916 M 916 M
P/E ratio 2020 24,4x
Yield 2020 2,15%
Capitalization 63 474 M 7 653 M 7 652 M
EV / Sales 2020 1,70x
EV / Sales 2021 1,63x
Nbr of Employees 12 321
Free-Float 74,6%
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 109,86 SEK
Last Close Price 108,00 SEK
Spread / Highest target 15,7%
Spread / Average Target 1,72%
Spread / Lowest Target -12,0%
EPS Revisions
Managers and Directors
NameTitle
Henric Andersson President & Chief Executive Officer
Thomas Johnstone Chairman
Glen Anthony Instone Chief Financial Officer & SVP-Finance
Anders Johanson CTO & Senior VP-Innovation & Technology
Ulla Viveka Litzén Independent Director
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