Electrolux soars on Q4 beat as strength in Europe trumps weak US market

Electrolux AB

30/01/2026 08:11

** Shares in Electrolux ELUXb.ST rise 21% after the Swedish home appliance maker posted quarterly numbers above forecasts, helped by strong sales outside the troubled North America markets

** Electrolux books its Q4 operating profit at 1.52 billion Swedish crowns ($172 million), above the 1.18 billion Swedish crowns seen in a company compiled poll

** Its organic sales grew 2% in the quarter, despite pricing pressure in the U.S.

** Weakness in North America was more than offset by strength in EAMEA and Latin America regions, J.P.Morgan analysts say

** "European strength has been helped by mix and cost savings", Citi notes

** Electrolux shares set for best day since February 2007

($1 = 8.8546 Swedish crowns)

 (Reporting by Boleslaw Lasocki)

 ((boleslaw.lasocki@thomsonreuters.com; +48 58 769 66 00;))