Husqvarna Group implements structural measures to boost competitiveness

As part of the previously communicated intentions to define further cost
reductions after the Accelerated Improvement Program, Husqvarna Group will
implement changes in the manufacturing and logistics structures in Sweden, the
U.S and China. The cost reductions will be utilized for investments in
profitable growth activities and to mitigate unfavorable currency impact going
forward. The measures are estimated to entail restructuring costs of around SEK
150m, which will be provisioned for in the Group's income statement for the
fourth quarter of 2015. The changes are gradually expected to lead to annual
cost savings of around SEK 80m, with full effect as of 2018.
"Manufacturing and logistics operations, including related ways of working has
been one of our special focus areas lately. In respect of the production
facility in Huskvarna we have invested in automation technology and changes in
our production processes," says Kai Wärn, President and CEO of Husqvarna Group.
The changes affect staffing requirements and it is estimated that approximately
80 employees related to production will be affected. The personnel reductions
are planned for 2015 and 2016, after negotiations with the labor union.

It has also been decided to invest in, and consolidate, the logistics and
warehouse structure around the production facilities in Orangeburg and McRae,
U.S., which will be implemented gradually during 2016 and 2017. The
consolidation implicates accounting consequences such as adjustments of asset
values and provisions for current leasing agreements.

Furthermore, as previously announced, the Group's production facility in
Shanghai will be consolidated into the Group's production plant in Changzhou,
China. The change will be completed during 2016.

The above information has been made public in accordance with the Securities
Market Act and/or the Financial Instruments Trading Act. It was released for
publication at 08:30 CET on October 7, 2015.
For additional information, please contact
46 8 738 90 80 or press@husqvarnagroup.com
Husqvarna Group
Husqvarna Group is a world leading producer of outdoor power products including
chainsaws, trimmers, robotic lawn mowers and garden tractors. The Group is also
the European leader in garden watering products and a world 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 end-customers in more than 100 countries. Net sales in
2014 amounted to SEK 33 billion, and the Group had more than 14,000 employees in
40 countries.