Improved Operating Margin
The company improved its operating margin from 1.2% to 2.5%, with a positive operating margin in North America.
Positive Organic Growth
Electrolux reported an organic growth of 1.8%, mainly driven by North America and Latin America.
Successful Product Launches
Notable product launches include a new induction hob in Europe and a pizza oven in North America, with positive market receptions.
Cost Efficiency Achievements
The company achieved cost efficiencies of SEK 0.6 billion in Q2, totaling SEK 2 billion for the first half of the year.
Sustainability Recognition
Electrolux received significant sustainability recognitions, including awards from the Financial Times and Newsweek.