Electrolux Group Interim report Q3 2025

About this update from Electrolux Ab Class A

STOCKHOLM, Oct. 30, 2025 /PRNewswire/ -- Highlights of the third quarter of 2025 President and CEO Yannick Fierling's comment Continued growth in a challenging market environment Organic sales growth was positive in the quarter, driven mainly by North America. In Europe, Asia Pacific, Middle East and Africa organic sales increased slightly. In both business areas our main brands gained market shares, supported by product launches during the year. In Latin America, our market position remained strong, with flat organic sales, on the back of strong growth in 2024. Competitive pressure and promotional activity remained high in all regions. In Europe, market demand increased somewhat and in Asia-Pacific consumer demand is estimated to have decreased. In North America, demand remained resilient as industry market price adjustments did not reflect the implemented U.S. tariffs structure. In Latin America, consumer demand is estimated to have increased, with strong growth noted in Argentina. In Brazil, demand growth was hampered by inflationary pressure and increased interest rates. Operating income improved, with good progress on cost savings Operating income improved, with a significant improvement from North America. Despite a pressured pricing environment, in the third quarter we managed to compensate for the majority of U.S. tariff-related cost increases. The competitive situation is challenging adjustments of market prices to reflect the U.S. tariff structures and currency headwinds. In Europe, Asia-Pacific, Middle East and Africa, the underlying operating income was slightly lower mainly due to a negative price development. In Latin America, operating income declined primarily due to currency headwinds. Cost efficiency contributed with SEK 0.8bn, and we continued to make good progress on delivering cost savings mainly from product engineering and procurement. Operating cash flow was positive, albeit at a lower level than last year due to a larger seasonal build-up of receivables compared to previous year, as well as a relatively high level of inventory. Business outlook for the full-year partly revised In the business outlook we have reduced our outlook for capital expenditure to approximately SEK 3.5-4bn from previously SEK 4-5bn. Getting closer to the consumer The continued investments in marketing and innovation are imperative for us to be able to o...

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