Electrolux AB (ELUX_A) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

weeds get every bit out of life. Just like the Absolute Hygienic 800 from Electrolux. With up to 100% dust pickup, wet cleaning and the zero dust cleaning station. Electrolux for better living designed in Sweden. Welcome to the presentation of our fourth quarter results. I'm Ann-Sofie Jönsson, Head of Investor Relations and Sustainability Reporting here at Electrolux Group. With me today, I have our CEO, Yannick Fallin, and our CFO, Therese Fryberg. We will go through the presentation And after that, we will open up for a Q&A session, both for those on the conference call as well as for you on the webcast. Please enter your questions throughout the whole session if you're viewing on the web. We will pick them up afterwards. With that, I hand over to you, Yannick. Thank you very much, Sophie, and good day to all of you. Very glad to be with you for the Q4 report. I will start, if you allow me, with some highlights about 2025. We are happy to report that the organic sales has been at the level of 131 billion SEC, which represents an organic sales growth of 3.9%, very close to the 4% we have been communicating about in the Captain Market update mid-term. The improvement in the operating income was at the level of 3.7 billion SEC, which represents 2.8% on net sales, which is again an improvement of 0.8 points versus last year. These 3.7 billion SEC were supported by a high cost reduction, a level of about 4 billion SEC, driven mainly by procurement and value engineering. We had one of the strongest quarter ever in Electrorax in the fourth quarter in terms of cash flow, delivering 5.2 billion SEC, bringing the entire year at the level of 2 billion SEC, which is taking our financial position in terms of leverage at the level of 3.0. With that, I would like to go into the f...