Electrolux Q4 earnings beat estimates

Electrolux reported strong fourth-quarter results, with an operating profit of SEK 1.25 billion (€1.09 million), slightly above analyst expectations. Sales rose by 6.5% to SEK 37,968 million (€3.3 billion), with organic sales growth at 11.5%.

CEO Yannick Fierling highlighted improvements in the North American market, driven by new products and increased productivity. He also noted the divestment of asbestos claims in the U.S., providing greater financial transparency. In Latin America, the group performed well with an 8.0% operating margin.

However, potential U.S. tariffs could create uncertainty in the North American market, leading to an initial stock drop of nearly 10% on the Stockholm Stock Exchange, which has since partially recovered. Electrolux announced no dividend for 2024.

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