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[BUSINESS] · Sweden · 2 sources

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Electrolux beats analyst profit expectations in Q3

Electrolux reported an adjusted operating profit of 912 million SEK for the third quarter, surpassing analyst expectations of 840 million SEK. The company’s adjusted operating margin reached 2.7 percent, exceeding the anticipated 2.5 percent.

Sales for the period totaled 33.919 billion SEK, higher than the expected 33.403 billion SEK. Organic sales growth was recorded at 3.5 percent, compared to a forecasted 1.4 percent. The operating profit included one-off items of -305 million SEK, which performed better than the expected -337 million SEK.

Regarding future outlooks for 2026, the company maintained its regional assessments: neutral for Europe, negative for North America, and positive for Brazil. Electrolux has adjusted its 2026 cost-efficiency savings forecast to approximately 4 billion SEK, up from the previous estimate of 3.5–4 billion SEK. However, the company noted that external factors such as raw material costs, energy, trade tariffs, currency fluctuations, and labor inflation are expected to be significantly negative in 2026.

Entities

Barclays · Citi · Electrolux · SB1 · Yannick Fierling