Electrolux AB (ELUX_A) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.363 Welcome to the presentation of Electrolux Q3 report. 00:00:05.363 -- 00:00:10.794 I'm Ann-Sofie Jönsson, Head of Investor Relations and Sustainability Reporting. 00:00:10.794 -- 00:00:15.805 I'm here with our CEO, Yannick Fallin, and our 00:00:15.805 -- 00:00:19.403 CFO, Therese Friberg. 00:00:19.403 -- 00:00:24.336 We will run through the presentation and after that, we will open up for the Q&A session. 00:00:24.336 -- 00:00:29.750 If you are viewing on the web, do feel free to put your questions in the chat throughout 00:00:29.750 -- 00:00:31.495 the presentation. 00:00:31.495 -- 00:00:35.452 And with that, I hand over to Jannick. 00:00:35.452 -- 00:00:39.097 Thank you very much, Anne-Sophie. Good morning and good day to all of you. 00:00:39.097 -- 00:00:43.083 Very happy to be with you for this third quarter report. 00:00:43.083 -- 00:00:48.411 I will start with very general comments. I mean, growth is one of our strategical 00:00:48.411 -- 00:00:52.857 pillars, and I'm very glad to say that we have been growing once again in the third quarter. 00:00:52.857 -- 00:00:56.903 We have been increasing our net sales by 4.6%, 00:00:56.903 -- 00:01:01.349 mainly driven by North America. I'm also very glad to share that we have been growing 00:01:01.349 -- 00:01:06.756 our market share in the three regions here with our main brands, Electrolux, AEG 00:01:06.756 -- 00:01:12.164 and Frigidaire. We have been taking our operating margin to 2.8% 00:01:12.164 -- 00:01:17.110 with a good progress on cost reduction. We have been adding to the 2 billion we achieved 00:01:17.110 -- 00:01:21.436 in the first half of the year an additional 800 million SEC. 00:01:21.436 -- 00:01:26.146 And afterwards, I've been sharing with you in the last quarters t...