US EditionElectrolux Group Interim Report Q2 2025
7 Articles
7 Articles
Electrolux beats Q2 expectations as it outperforms in US
Swedish home appliances maker Electrolux has today reported a bigger rise than expected in second-quarter profit as it outperformed the wider market in North America, and price hikes offset higher costs related to US tariffs.
Electrolux Group Interim report Q2 2025
STOCKHOLM, July 18, 2025 /PRNewswire/ -
The company says that, in both Europe and North America, demand has been affected by uncertainty over geopolitical developments.
Electrolux once again benefited in the second quarter, according to a balance expressed on this Saturday (18), but had a certain performance of expectations, as concerns about inflation related to the government's tax policy burden on consumer confidence. The Swedish electric domestic producer had a net profit of 178 million Swedish crowns ($18.2 million) in the quarter, well below the $266 million expected by analysts, according to the rise mad…
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