Electrolux Reports Q3 Profit Surge on North America Recovery

Electrolux reported a return to profitability in Q3 2025 with net profit of SEK 192 million, driven chiefly by a strong recovery in its North American business, which posted double-digit organic sales growth and swung to profitability after previous losses. Despite a 3% decline in overall sales, the company achieved 4.6% organic sales growth, exceeding forecasts and boosting operating income by 155% to SEK 890 million. Electrolux benefitted from new tariff structures favoring North American manufacturing, with a majority of products made in regional factories, and offset price increases with product innovations like pizza ovens and advanced refrigeration. The company maintained a cautious outlook, expecting neutral demand in Europe and Latin America and neutral to negative demand in North America, while reducing its full-year capital expenditure forecast. Electrolux's shares surged significantly on the positive earnings surprise and improved profitability, reflecting investor confidence in the company’s strategic focus on premium segments and cost management amid a competitive environment. CEO Yannick Fierling highlighted progress on strategic priorities despite external challenges such as currency effects and US customs duties.