- Net sales · Q3 202633,919 SEKm +3.5% organic; Q3 2025: SEK 32,318m
- Operating income excl. non-recurring items · Q3 2026912 SEKm margin 2.7%; SEK 890m (2.8%) in Q3 2025
- Operating income (incl. SEK -305m non-recurring items) · Q3 2026607 SEKm SEK 890m in Q3 2025
- Income for the period · Q3 2026-340 SEKm SEK 192m in Q3 2025
- Operating cash flow after investments · Q3 20263,608 SEKm SEK 624m in Q3 2025
- Net debt/EBITDA · 30 September 20262.2 x 3.5 a year earlier
Cost efficiency contributed SEK 1.4bn in Q3 2026, Electrolux Group said on 23 October 2026, offsetting a significant negative impact from external factors, primarily higher raw material and logistics costs as a consequence of the Middle East conflict, and U.S. tariff costs. Reported operating income fell 32% to SEK 607m after SEK -305m of non-recurring items: SEK -154m for the strategic partnership with Midea Group in North America and SEK -151m for the closure of the factory in Rosario, Argentina.
From operating income excl. non-recurring items to reported operating income
- Operating income excl. non-recurring items912 SEKm
- Midea Group partnership, North America−154 SEKm
- Rosario factory closure, Argentina−151 SEKm
- Reported operating income607 SEKm
Source: AB Electrolux interim report January-September 2026, 23 October 2026, Q3 2026.
| Region | Net sales (SEKm) | Organic sales growth (%) | Operating income excl. NRIs (SEKm) | Same, Q3 2025 (SEKm) |
|---|---|---|---|---|
| EMEA APAC | 14,176 | 2.8 | 527 | 522 |
| North America | 12,033 | 2.4 | -90 | 25 |
| Latin America | 7,710 | 6.6 | 584 | 392 |
| Group common costs, etc. | – | – | -109 | -50 |
| Group | 33,919 | 3.5 | 912 | 890 |
Source: AB Electrolux interim report January-September 2026, 23 October 2026, Q3 2026. NRIs = non-recurring items. Reported operating income including NRIs was SEK -244m in North America and SEK 433m in Latin America.
| Items | Previous FY 2026 outlook (29 July 2026) | FY 2026 outlook (23 October 2026) |
|---|---|---|
| Volume/price/mix | Positive | Neutral |
| Cost efficiency | Positive, approximately SEK 3.5-4.0bn | Positive, approximately SEK 4.0bn |
| External factors | Significantly negative | Significantly negative |
| Capital expenditure | Approximately SEK 3.0-3.5bn | Approximately SEK 3.0-3.5bn |
Electrolux said the change to volume, price and mix reflected difficult market conditions across regions, and it put the cost-efficiency contribution at the top of its previous range on progress in its cost-efficiency initiatives. The market outlook for Europe (neutral), North America (negative) and Brazil (positive) was unchanged. The business outlook excludes non-recurring items.
“Operating income excluding non-recurring items was positively impacted by cost efficiency. This was offset by significant external headwinds, with the Middle East conflict impacting with full effect, leading to substantially higher raw material and logistics costs. U.S. tariff costs also had a negative impact in the quarter. We expect the pressure from external factors to remain in the coming quarters.”
Below operating income, net financial items were SEK -399m in Q3 2026, against SEK -510m a year earlier, and income taxes were SEK -548m, against SEK -188m. Electrolux said the higher tax expense was mainly related to a timing effect of tax provisions. Income for the period was SEK -340m, or SEK -0.46 per share, against SEK 192m, or SEK 0.39 per share, in Q3 2025; prior-period earnings per share were restated for the rights issue completed in June 2026. Operating cash flow after investments rose to SEK 3,608m from SEK 624m, which the company said was mainly driven by improved working capital and U.S. tariff refunds.
- Electrolux Group, Interim report Q3 2026 (press release via PR Newswire/Cision), 23 Oct 2026, 07:35 CEST
- AB Electrolux, Interim report January-September 2026 (PDF), 23 Oct 2026, 07:00 CEST