Interim Report January-March 2008

• Net sales rose by 9% to SEK 10,043m (9,214). Excluding acquisitions, net sales declined by 8% and by 3% in comparable exchange rates.

• Operating income rose by 22% to SEK 1,202m (984), corresponding to a margin of 12.0% (10.7). Operating income excluding acquisitions was SEK 986m (984), margin improved to 11.7% (10.7).

• Income for the period was SEK 753m (613), corresponding to SEK 1.97 (1.59) per share.

• Excluding acquisitions, Consumer Products reported lower sales but higher operating income and margin. Sales, income and margin declined in the US but were up outside North America.

• Both sales and operating income were lower for Professional Products,
excluding acquisitions, but margin improved.

TELEPHONE CONFERENCE
A telephone conference will be held at 14.00 CET on 23 April 2008. In order to participate in the telephone conference, please call +46 (0)8 5052 0110 or +44 (0)20 7162 0025. A replay of the telephone conference will be available at the Group’s website www.husqvarna.com/ir.