Appliance manufacturer Electrolux reports an operating result of 797 million kronor for the second quarter of the year. This can be compared to 419 million for the same quarter in 2024 and market expectations which were at 743 million kronor, according to Bloomberg's compilation.
"In a challenging market environment, we achieved organic growth and improved operating margin, with good implementation of strategic priorities", writes CEO Yannick Fierling in the interim report.
Net sales amounted to 31.2 billion at the same time. Here, expectations were at just over 32 billion kronor after the company last year reported sales of 33.8 billion kronor.
The company's share has developed weakly this year and is down over 20 percent since the turn of the year.
