Ann-Sofie Jönsson
Head of Investor Relations
Replay available
Electrolux AB (STO: ELUX_A) Q1 2025 earnings conference call, held 2025-04-29. Replay captured from the company's public earnings webcast.

Head of Investor Relations
Chief Executive Officer
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WEBVTT 00:00:00.031 -- 00:00:01.773 Welcome 00:00:01.773 -- 00:00:07.420 to Electrolux Group and the presentation of our Q1 report. 00:00:07.420 -- 00:00:12.666 I'm Ann-Sofie Jönsson, Head of IR. And with me today, I have Yannick 00:00:12.666 -- 00:00:18.250 Fierling, our CEO, and our CFO, Therese Friberg. 00:00:18.353 -- 00:00:22.913 After the presentation, we will open up for Q&A. 00:00:22.913 -- 00:00:27.459 For those of you who are viewing on the web, do feel free to place your questions in 00:00:27.459 -- 00:00:32.385 the chat throughout the presentation, and we'll pick them up afterwards. 00:00:32.385 -- 00:00:36.530 So welcome, and now over to you, Yannick. 00:00:36.530 -- 00:00:39.353 Thank you very much, Anne-Sophie, and good day to all of you. 00:00:39.353 -- 00:00:45.543 I'm very happy to present the Q1 2025 Electronics Group Report. 00:00:45.543 -- 00:00:51.070 We are glad to report a solid organic growth of 7.9% here, 00:00:51.070 -- 00:00:55.296 which has been leading us to an operating margin of 1.4%, 00:00:55.296 -- 00:00:59.241 with a year-over-year improvement of 1.2 billion SEC. 00:00:59.241 -- 00:01:03.006 We have been improving in every single business area. 00:01:03.006 -- 00:01:07.171 And no need to say, I mean, we have been delivering these results in an environment which 00:01:07.171 -- 00:01:12.408 has been rapidly changing, which has been very volatile and uncertain. 00:01:12.408 -- 00:01:17.054 Moving to the global perspective, again, 7.9% organic 00:01:17.178 -- 00:01:21.127 growth, mainly driven by North America and Latin America. 00:01:21.127 -- 00:01:25.416 We had overall a favorable product mix in every single region. 00:01:25.416 -- 00:01:30.487 Unfortunately for Europe, as for the last quarters, the market was mainly 00:01:30.487 --...