Electrolux weathers tariffs costs in Q3, shares jump

Electrolux AB

30/10/2025 08:07

** Shares in Electrolux ELUXb.ST rise around 8% after the Swedish home appliance maker posted better-than-expected quarterly results saying it made up for cost related to tariffs in the U.S.

** Comparable operating profit for Q3 came in at 890 million Swedish crowns ($94.52 million), exceeding the 875 million forecast

** Its quarterly sales of 32.32 billion crowns beat consensus by 2%, J.P.Morgan says

** The company flags an increased market share in the North America business

** "The results show sequential improvement in performance with margins increasing 80bps q/q," JPM adds

** Electrolux also lowered its capex estimate for 2025 which JPM says should help the company's free cash flow

** If gains hold, the stock will see its biggest daily rise since May

($1 = 9.4155 Swedish crowns)

 (Reporting by Boleslaw Lasocki)

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