Operating Margin Improvement
Operating margin improved from 1.2% to 2.5%, with positive contributions from North America.
Organic Growth in Americas
Reported an organic growth of 1.8%, mainly driven by North America (4.1%) and Latin America, despite slight declines in Europe, Asia Pacific, Middle East, and Africa.
Cost Efficiency Achievements
Achieved SEK 0.6 billion in cost efficiencies in the second quarter, reaching SEK 2 billion for the first half of the year.
Successful Product Launches
Launched a new induction hob in Europe and a new pizza oven technology in North America with significant market reception.
Awards and Recognition
Electrolux was awarded 16 design awards and recognized three times by the Financial Times for sustainability.