27 slides from Electrolux Professional Ab Class B's earnings presentation, Jul 18, 2025
Slide 1: Q2 2025 Results presentation
Q2 2025 Results presentation Yannick Fierling, President and CEO Therese Friberg, CFO Ann-Sofi Jönsson, Head of IR & Sust. reporting
Slide 2: Q2 results - highlights
Q2 results - highlights Continued market outperformance in main brands, amid uncertain market conditions Improved operating earnings, with positive operating income in North America Good progress on strategic execution
Slide 3: Organic sales growth, improved operating margin
Organic sales growth, improved operating margin SEKm Q2 2025 Q2 2024 Change Organic sales growth, in a challenging market environment Net sales 31,276 33,819 -7.5% Organic growth 1.8 % 6.8 % -5.0pts • Driven by North America and Latin America, partly offset by Divestments -1.0 % 0.0 % -1.0 pts sligh
Slide 4: Europe, Asia-Pacific, Middle East, and Africa
Europe, Asia-Pacific, Middle East, and Africa SEKm Q2 2025 Q2 2024 Change Slight decline in organic sales development Net sales 13,139 14,181 -7.3% Organic growth -0.5% -0.4% -0.1 pts • Slight organic sales decline, Electrolux and AEG Divestments -2.2% 0.0 % -2.2pts outperformed subdued European mar
Slide 5: Overall market demand in Europe slightly down
Overall market demand in Europe slightly down European core appliances market - total European shipments, quarterly unit comparison y-o-y Market in Europe YTD was 11% lower vs. 2019 Source: Electrolux estimates. As from Q1 2020, Russia is excluded. Electrolux estimates are subject to restatement. AB
Slide 6: Strengthening of our brands
Strengthening of our brands Recently launched marketing campaign for Electrolux
Slide 7: 16 wins for Electrolux Group at Design Awards 2025
16 wins for Electrolux Group at Design Awards 2025 • 12 wins for product design, sustainability and user experience for Electrolux and AEG brand at iF Design Awards 2025 • Four wins for innovative AEG kitchen, cordless vacuum cleaners, and powerful blender at Red Dot Design awards 2025 ”Once ”Onceag
Slide 8: North America
North America SEKm Q2 2025 Q2 2024 Change Organic sales growth, outperformed the market Net sales 11,198 11,728 -4.5% Organic growth 4.1 % 4.7% -0.7pts • Higher volumes, supported by good momentum from sale -8.6 % -0.4% Currency -8.2 pts of new products EBIT 57 -369 N/A • Positive price due to list
Slide 9: Overall market demand in U.S. largely unchanged
Overall market demand in U.S. largely unchanged U.S. core appliances market - U.S. shipments, quarterly unit comparison y-o-y *Source: Based on the AHAM Factory Shipment Report. Q2 2025 is a comparison of weeks between March 30, 2025 – June 28, 2025 vs March 31, 2024 – June 29, 2024. Core appliances
Slide 10: Frigidaire is transforming the at home pizza experience
Frigidaire is transforming the at home pizza experience.
Slide 11: Industry-first innovative Frigidaire ovens
Industry-first innovative Frigidaire ovens • New Frigidaire ovens with Stone Baked Pizza Mode • Unique high heat technology – enabling heat in upper zone to reach temperatures of 400⁰C – so a pizza can cook in as little two minutes • Launches in North America in August Further strengthen our offerin
Slide 12: Latin America
Latin America SEKm Q2 2025 Q2 2024 Change Consumer demand growth slowing Net sales 6,939 7,910 -12.3% • Market growth rate lower than previous quarters due to Organic growth 2.6% 26.6% -24.0pts inflationary pressure and economic uncertainty Currency -14.9% -12.2% -2.7 pts • In Brazil, higher interes
Slide 13: Cost reduction target well on track
Cost reduction target well on track Cost reduction1 2025 y-o-y, SEKbn SEK 3.5-4.0bn targeted cost reductions in 2025 3.5-4.0bn — Acceleration of product cost reductions — Increased material sourcing from best-cost countries — Continue to accelerate benefits from global scale — Carry over from cost o
Slide 14: Electrolux recognized as Climate leader
Electrolux recognized as Climate leader AB ELECTROLUX – Q2 2025
Slide 15: Electrolux Group - Therese Friberg, CFO
Electrolux Group Therese Friberg, CFO
Slide 16: Sales and EBIT Bridge
Sales and EBIT Bridge SEKm Q2 2024 Volume/ Innovation/ Cost External Acquisition/ Q2 2025 price/mix marketing1 efficiency2 factors3 divestment4 Net Sales 33,819 565 -2,805 -304 31,276 Growth % 1.8% -8.4% -1.0 % -7.5% EBIT excl NRI4 419 203 46 575 -595 149 797 EBIT excl NRI % 1.2% 2.5% Accretion/ 0.6
Slide 17: Operating Cash Flow
Operating Cash Flow SEKm Q2 2025 Q2 2024 EBIT 797 419 D/A and other non-cash items 1,224 1,574 Change in operating assets and liabilities -2,298 487 Investments in intangible and tangible assets -775 -1,047 Changes in other investments 311 -207 Cash flow after investments* -741 1,226 *Before acquisi
Slide 18: Solid liquidity and maturity profile
Solid liquidity and maturity profile SEKbn Data as per June 30, 2025 • SEK 28.1bn in liquidity incl. RCF as per June 30, 2025 • No financial covenants in any loan agreements • Target to maintain a solid investment grade rating - S&P Global Ratings BBB with negative outlook AB ELECTROLUX – Q2 2025
Slide 19: Outlook and summary
Outlook and summary
Slide 20: Market outlook FY 2025 per region
Market outlook FY 2025 per region Europe, Asia- Neutral Pacific North America Neutral/ Negative Latin America Neutral Electrolux estimates for industry shipments of core appliances, units year-over-year Latin America includes the ABC-countries, Asia-Pacific includes ANZ and SEA. Note: Market outlook
Slide 21: Electrolux business outlook
Electrolux business outlook Business Outlook1 y-o-y FY 2025 Comments Volume/price/mix2 Positive Positive, primarily due to price actions with the ambition to offset headwinds from tariffs and FX Investments in consumer experience Negative Increased investments in marketing to capitalize on product o
Slide 22: Execution on long-term strategic priorities in Q2
Execution on long-term strategic priorities in Q2 Improve • Outperformed the market* North America • Positive operating income in Q2 • Slight organic growth in a challenging market Profitable growth • Improved market position in North America and Europe* Strengthen • Several new marketing campaigns
Slide 23: Factors affecting forward-looking statements
Factors affecting forward-looking statements This presentation contains “forward-looking” statements that reflect the company’s current expectations. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such e
Slide 24: Q&A
Q&A
Slide 25: Appendix
Appendix AB ELECTROLUX – Q2 2025
Slide 26: Earnings contribution from price/mix
Earnings contribution from price/mix Business Area Q2, y-o-y Comments on Q2 y-o-y Europe, Asia-Pacific, Middle Driven mainly by negative price development Negative East and Africa North America Positive Driven by positive contribution from price development Latin America Positive Driven by increased
Slide 27: Electrolux Group
r{) Electrolux Group