Published by Global Banking and Finance Review
Posted on January 30, 2026
2 min readLast updated: January 30, 2026
Electrolux reported a Q4 operating profit of 1.52 billion crowns, surpassing expectations amid high competitive pressures.
STOCKHOLM, Jan 30 (Reuters) - Swedish appliances maker Electrolux reported a bigger rise than expected in fourth-quarter profit on Friday but predicted higher tariff costs this year, and said levies could hamper demand in North America.
"Geoeconomic uncertainty is foreseen to continue in North America, and under the current tariff structure, general market pricing should adjust to reflect associated tariff costs. This may adversely impact consumer demand and market growth," CEO Yannick Fierling said in a statement.
Operating profit at the group, whose brands also include Frigidaire and AEG, rose to 1.52 billion crowns ($172 million) in the fourth quarter from a year-earlier 1.05 billion, on organic sales growth of 2%. Analysts had on average forecast a profit of 1.18 billion crowns, according to a poll provided by Electrolux.
The competitor to Midea and Whirlpool said it expects external factors to be significantly negative in 2026, driven mainly by increased tariff costs.
Electrolux has in recent years been restructuring, cutting costs and putting focus on more premium categories to boost profitability in the face of sluggish demand and competition from lower-priced rivals.
Fierling said on Friday competitive pressure had led the company to "align" prices in North America with the market again after earlier tariff-related price increases, but added that he expected market pricing to reflect tariff costs ahead.
It proposed no dividend for 2025, which was widely expected, as the company tries to shed some of its debt.
($1 = 8.8517 Swedish crowns)
(Reporting by Greta Rosen Fondahn, editing by Terje Solsvik and Anna Ringstrom )
Operating profit is a measure of a company's profitability that excludes expenses associated with non-operating activities. It reflects the earnings generated from core business operations.
Organic sales growth refers to the increase in a company's sales revenue from its existing operations, excluding any revenue generated from acquisitions or mergers.
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