STOCKHOLM, Jan. 30, 2026 /PRNewswire/ —
Highlights of the fourth quarter of 2025
- Net sales amounted to SEK 35,112m (37,968) with an organic sales growth of 2.0% (11.5), driven by higher sales volumes and positive mix.
- Operating income improved to SEK 1,517m (1,052) corresponding to an operating margin of 4.3% (2.8). The increase was driven by cost efficiency improvements of SEK 1.2bn. External factors were significantly negative. The fourth quarter of 2024 included a positive impact of SEK 185m in North America from the divestment of potential legacy asbestos exposure in the U.S., as well as a SEK -198m negative non-recurring item related to the divestment of the water heater business in South Africa.
- Income for the period amounted to SEK 466m (150) and earnings per share were SEK 1.72 (0.56).
- Operating cash flow after investments was SEK 5,179m (2,660).
- The financial position strengthened and the net debt/EBITDA ratio declined to 3.0x (3.4x).
- Full-year 2025, net sales amounted to SEK 131,282m (136,150) and operating income excl. non-recurring items was SEK 3,657m (1,666). Higher sales volumes and positive mix contributed positively to earnings. Cost savings contributed to a SEK 4.0bn positive earnings impact.
- The Board of Directors proposes that no payment of dividend will be made for 2025.
- Events after the close of the period: On January 30, Electrolux Group announced changes to the organizational structure and Group Management.
President and CEO Yannick Fierling’s comment
Growth in focus product categories supported organic sales growth
The market environment for home appliances in the fourth quarter was marked by high promotional activity and competitive pressure across regions. In Europe, the market slightly declined from an already subdued level, whereas Latin America noted a continued positive consumer demand, although with a lower growth rate in Brazil. In North America, market demand was slightly positive, primarily driven by laundry. The price environment in the U.S. was pressured in this highly promotional quarter and the market price levels remained at a similar level as the previous year despite significantly higher U.S, tariffs.
Organic sales growth was positive in the quarter, driven by Europe, Asia Pacific, Middle East, Africa and Latin America. In Europe, Asia-Pacific, Middle East and Africa, the organic sales increase was driven by volume growth in focus product categories, offsetting a negative price development. Higher volumes …