Electrolux stock trades near yearly low as weaker earnings and restructuring weigh on sentiment
Published on 07/21/2026 at 09:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Electrolux Group (ISIN SE0016589188) stock continues to reflect the impact of a cyclical downturn in appliances demand and restructuring efforts after the Swedish manufacturer reported a net loss for full-year 2023 alongside lower sales and margin pressure, according to its latest published financial statements dated 2 February 2024.
Revenue declines and 2023 net loss
According to the companys annual report for 2023, Electrolux generated group-wide net sales of approximately SEK 134 billion in full-year 2023, down from around SEK 136 billion in 2022 as weaker volumes offset price increases in several markets.
The same report shows that the group moved from a net income of roughly SEK 4 billion in 2022 to a net loss of close to SEK 2 billion in 2023, as restructuring costs and lower production efficiency weighed on profitability.
Operating margin under pressure in 2023
Electrolux reported that its operating margin fell in 2023 compared with the previous year, reflecting lower capacity utilization and an adverse product mix, with profitability particularly challenged in its North American business.
In the 2023 accounts, management highlighted cost inflation, lower housing-related demand and ongoing investments in manufacturing efficiency as key reasons for the compressed margin profile versus 2022.
More facts and background on Electrolux
Historical reports, detailed segment data and upcoming disclosures for Electrolux can be found in the dedicated topic overview for the ISIN SE0016589188 and on the companys investor relations pages.
Core appliances portfolio centered on Electrolux and AEG
Electrolux builds its earnings power on a broad portfolio of kitchen and laundry appliances marketed under brands such as Electrolux, AEG and Frigidaire, covering refrigerators, ovens, cooktops, dishwashers, washing machines and tumble dryers for households worldwide.
Electrolux stock valuation and trading context
Electrolux stock is listed on Nasdaq Stockholm and is part of the leading Swedish equity benchmarks that track large and mid-cap industrial and consumer companies.
Electrolux stock at a glance
- Company: Electrolux Group AB
- ISIN: SE0016589188
- Ticker: NASDAQ STOCKHOLM: ELUX B
- Trading venue: Nasdaq Stockholm
- Sector / Industry: Consumer Discretionary / Household Appliances
- Index membership: OMX Stockholm large and mid-cap universe
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