Electrolux (ELUX) investor relations material

Executive summary

• Q3 net sales rose 5.0% to SEK 33,919m, with 3.5% organic growth across all regions despite weak markets and external cost pressure.

• Adjusted EBIT was SEK 912m, up from SEK 890m; reported EBIT was SEK 607m after SEK 305m of negative NRIs. Cost-efficiency savings reached SEK 1.4bn in Q3.

Financial highlights

• Q3 net sales were SEK 33,919m versus SEK 32,318m; organic growth was 3.5% versus 4.6%. Nine-month sales were SEK 95,031m versus SEK 96,170m, with 1.7% organic growth.

• Adjusted EBIT was SEK 912m versus SEK 890m, with a 2.7% margin versus 2.8%; reported EBIT was SEK 607m versus SEK 890m, with a 1.8% margin versus 2.8%.

• Q3 income for the period was negative SEK 340m versus SEK 192m; basic EPS was negative SEK 0.46 versus SEK 0.39. Nine-month income was negative SEK 2,451m.

• Cash flow after investments, before acquisitions and divestments, was SEK 3,608m versus SEK 624m, supported by working-capital improvement and U.S. tariff refunds.

Outlook and guidance

• FY 2026 volume, price and mix contribution is expected to be neutral, revised from positive; outlook uses U.S. trade policy as of October 22, 2026.

• FY cost-efficiency contribution is expected at ~SEK 4.0bn, revised from ~SEK 3.5–4.0bn; SEK 3.4bn was achieved year to date.

• External factors are expected to have a significantly negative FY earnings impact, including U.S. tariffs and Middle East-related logistics and raw-material costs; capital expenditure is expected at SEK 3.0–3.5bn.

• FY market outlook: North America negative, Europe neutral and Brazil positive; consumer-experience innovation and marketing investment are expected to weigh on earnings.