PRESS RELEASE Electrolux Press Releases

Electrolux Group Interim report Q2 2026

What happened
Based on Electrolux Press Releases · Jul 29, 2026

Electrolux Group reported Q2 2026 results with organic sales growth in EMEA, APAC, and Latin America, while North America faced declines amid tariff pressures and weak demand.

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Key points
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The second quarter marked an important milestone for Electrolux Group, as we took decisive actions to accelerate its transformation and strengthen the Group’s long-term competitiveness.
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The details partnership with Midea Group in North America, global organizational and footprint initiatives, and the successful completion of the rights issue are important steps in executing its strategic priorities.
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With implementation advancing according to plan and some positive impacts from its plan to improve efficiency already coming through, its focus is now on delivering the expected benefits of these initiatives.
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Solid commercial execution in regions EMEA APAC and Latin America resulted in organic sales growth above 4% for both regions in a highly competitive market environment.
Key numbers
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Electrolux Group highlighted progress in its transformation strategy during Q2 2026, including a partnership with Midea Group in North America, organizational restructuring, and a SEK 9 billion rights issue.
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The company reported organic sales growth exceeding 4% in EMEA, APAC, and Latin America, driven by strong performance in built-in kitchen appliances and small domestic appliances.
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North America experienced a 3% market contraction, compounded by extended U.

Electrolux Group highlighted progress in its transformation strategy during Q2 2026, including a partnership with Midea Group in North America, organizational restructuring, and a SEK 9 billion rights issue. The company reported organic sales growth exceeding 4% in EMEA, APAC, and Latin America, driven by strong performance in built-in kitchen appliances and small domestic appliances. North America experienced a 3% market contraction, compounded by extended U.S. Section 232 import tariffs from April 6, which increased industry-wide cost pressures and prompted pricing adjustments between 5% and 20% across product categories.

Earnings improved in EMEA, APAC, and Latin America due to operational efficiencies, while North America’s performance remained weak under tariff-related cost burdens. External factors, including tariffs and the Middle East conflict, raised logistics and raw material costs. Cost-efficiency initiatives delivered SEK 1.4 billion in savings, supported by procurement measures and the first phase of a two-year efficiency plan, while cash flow strengthened the balance sheet alongside the rights issue.

The company revised its 2026 capital expenditure outlook to SEK 3.0–3.5 billion from SEK 4 billion, reflecting a shift toward prioritizing transformation and efficiency. Market outlooks were adjusted to Neutral for Europe and Negative for North America, with Brazil’s Positive outlook unchanged despite inflation and interest rate pressures affecting consumer spending. Short-term priorities include accelerating efficiency improvements, optimizing the global manufacturing footprint, and enhancing organizational agility to drive performance.

Electrolux Group will host a webcast and telephone conference on July 29 at 09:00 CEST, featuring President and CEO Yannick Fierling and CFO Therese Friberg. The press release, presentation materials, and investor resources are available on the company’s website. The disclosure complies with EU Market Abuse Regulation and Swedish Securities Markets Act, submitted for publication on July 29, 2026, at 07:00 CET.

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