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Press release as PDF
Prenumeration
Beskrivning
| Land | Sverige |
|---|---|
| Lista | Large Cap Stockholm |
| Sektor | Handel & varor |
| Industri | Sällanköpsvaror |
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Fourth quarter, October–December 2025
- Net sales amounted to SEK 3,085m (3,329), a decrease of 7.3%. Organically, sales decreased by 0.6%. Currency had an effect of –6.7%.
- EBITA amounted to SEK 388m (400), corresponding to a margin of 12.6% (12.0). Currency had an impact of -1.3 pp on the EBITA margin.
- Operating income amounted to SEK 334m (339), corresponding to a margin of 10.8% (10.2).
- Income for the period amounted to SEK 280m (215), and earnings per share was SEK 0.98 (0.75).
- Operating cash flow after investments amounted to SEK 422m (532).
- The Board proposes a dividend of SEK 0.95 (0.85) per share
Events after the balance sheet date
- In January, 2026 the acquisition of the assets of Royal Range – a US Commercial Cooking company - was completed.
- On January 28, 2026 Paolo Schira was appointed as new President and CEO of Electrolux Professional Group, effective from the Annual General Meeting (AGM) May 5, 2026. He will succeed Alberto Zanata, who will retire.
Alberto Zanata, President and CEO:
“Improved profitability driven by Europe
In the fourth quarter we improved profitability, driven by strong development in Europe, both in Food & Beverage and Laundry.
Despite a negative sales development in the US, and a continued negative currency impact, we were able to improve the EBITA-margin in the quarter. For the full year, we grew the business organically and improved underlying EBITA and profitability despite a challenging environment.
Food & Beverage continue to grow
Sales of Food & Beverage increased by 1.1% organically. Sales were particularly strong in Europe, where most countries grew. In the US, sales declined. After a strong first half of the year in the US, the second half of the year showed a softening market. The decline in APAC-MEA was mainly due to Japan. EBITA margin improved compared to last year. Order intake in Europe was higher than last year while it was lower in APAC-MEA and the US.
Improved margin in Laundry
Sales in Laundry declined organically by 2.9% compared to the very strong sales development of 12% in the corresponding quarter of 2024. Sales grew in Europe but declined in the US and in APAC-MEA. The decline in APAC-MEA is due to a soft market in Japan. The sales decline in the US reflects the strong inventory build up by our distributor in the corresponding quarter of 2024. However, the US sales outlook is still positive, and the US distributor order backlog is at its highest level in the past few years. The EBITA margin improved, despite approximately –3 percentage points negative impact from currency and tariffs. Order intake was slightly higher than last year.
During the quarter, we announced the investment in Mimbly, a Swedish startup cleantech company focused on microplastic filtration and water saving. This investment should further strengthen our position as the sustainability leader in Laundry.
Strengthened position in the US through the acquisition of Royal Range assets
In January 2026 we closed the acquisition of the assets of Royal Range, a US cooking company. This acquisition provides a strategic addition to our existing cooking platform in the US, expanding our product range with new product categories. By also utilizing our own strong sales force and our established connection with chains, we expect to significantly expand sales of Royal Range products.
2025 was another step in the right direction
The year has been characterized by continued geopolitical and macroeconomic uncertainty, which created significant headwinds – mainly from currency, but also from direct and indirect effects of tariffs. In total this equals a net negative impact of about one percentage point in margin. Despite this, we were able to improve the underlying profitability during the year and organically grow the business somewhat. This once again demonstrates the resilience of our business.
The 2025 development should be viewed alongside the major transformational projects underway. We have continued investing in the new laundry platform and in horizontal cooking, both of which will be launched in 2026. We are also implementing activities to enhance our sales capabilities. In addition, the efficiency program launched in September, which is progressing according to plan, is expected to generate significant savings during 2026 and 2027. This means that we have solid building blocks in place to improve our performance going forward.”