Brief: Electrolux Group Posts Q1 Net Sales Of SEK 30 Bln

Electrolux AB

23/04/2026 17:32

April 23 (Reuters) - Electrolux AB ELUXb.ST:

ELECTROLUX GROUP ACCELERATES PROFITABLE GROWTH STRATEGY THROUGH A PARTNERSHIP WITH MIDEA, GLOBAL ORGANIZATION AND FOOTPRINT OPTIMIZATION, AND A FULLY UNDERWRITTEN RIGHTS ISSUE OF APPROX. SEK 9 BILLION

Q1 2026 NET SALES AMOUNTED TO SEK 30 BILLION

PREVIOUSLY COMMUNICATED BUSINESS OUTLOOK FOR FINANCIAL YEAR 2026 IN YEAR-END Q4 REPORT 2025 REMAINS OVERALL UNCHANGED

Q1 OPERATING INCOME FOR REGION EUROPE, MIDDLE EAST & AFRICA AND ASIA-PACIFIC IMPROVED YEAR-OVER-YEAR TO SEK 0.6 BILLION

Q1 OPERATING INCOME IN NORTH AMERICA WAS SEK -0.9 BILLION

Q1 OPERATING INCOME FOR REGION LATIN AMERICA IMPROVED YEAR-OVER-YEAR TO SEK 0.6 BILLION

NET DEBT/EBITDA WAS AT 3.8X AT END OF Q1 OF 2026

RESTRUCTURING CHARGES RELATED TO CHILE AND HUNGARY ARE INCLUDED IN TOTAL NEGATIVE NON-RECURRING ITEMS OF APPROXIMATELY SEK 2.2 BILLION

Source text: ID:nPn9d1sBza

Further company coverage: [ELUXb.ST]

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