Electrolux Group Reports Q3 2026 Results with Net Sales of SEK 33,919 Million

Electrolux Group has released its interim report for the third quarter of 2026, showing net sales increasing to SEK 33,919m compared to SEK 32,318m in the previous year, with an organic sales growth of 3.5%.

According to the report published on October 23, 2026, all regions contributed to this growth, driven by sales volume increases in Europe, Middle East & Africa, Asia Pacific, and Latin America, alongside positive price development in North America. Readers can verify the official figures and download presentation materials through the Investor Relations section on the official Electrolux Group website.

Financial Performance and Operating Income

• Operating Income (excl. NRIs): SEK 912m, compared to SEK 890m previously, yielding a 2.7% margin.
• Operating Income (incl. NRIs): SEK 607m, reflecting negative non-recurring items of SEK -305m due to restructuring costs for the North American Midea Group partnership and global footprint optimization.
• Income for the Period: SEK -340m, with earnings per share at SEK -0.46.
• Operating Cash Flow: Improved to SEK 3,608m after investments, supported by working capital and U.S. tariff refunds.

Strategic Milestones and Market Environment

President and CEO Yannick Fierling highlighted progress in the company's transformation and operational footprint optimization. Key developments include:

• Midea Group Partnership: The Fabric Care manufacturing joint venture in Anderson, U.S., became operational on September 1. The Food Preservation sales joint venture in the U.S. and manufacturing joint venture in Juarez, Mexico, became operational on October 1.
• Footprint Optimization: The factory in Rosario, Argentina, was closed during the quarter.
• Market Pressures: The company noted external cost headwinds from raw materials, logistics affected by the Middle East conflict, and U.S. tariffs. Consumer demand shifted toward lower price points in North America and Europe due to inflation.