AB Electrolux (publ) (OTCPK:ELUXY) Q2 2025 Earnings Convention Name July 18, 2025 3:00 PM ET
Firm Contributors
Ann-Sofi Jönsson – Head of Investor Relations & Sustainability Reporting
Therese Friberg – CFO and Head of Finance, Authorized & IT
Yannick Fierling – President, CEO & Director
Convention Name Contributors
Björn Enarson – Danske Financial institution A/S, Analysis Division
Fredrik Ivarsson – ABG Sundal Collier Holding Asa, Analysis Division
Gustav Hagéus – EB, Analysis Division
James Moore – Redburn (Europe) Restricted, Analysis Division
Jeremy Caspar – JPMorgan Chase & Co, Analysis Division
Johan Eliason – Kepler Cheuvreux, Analysis Division
Ann-Sofi Jönsson
Very welcome to the presentation of our second quarter outcomes right this moment. I am Ann-Sofi Jönsson, Head of Investor Relations. And with me right this moment, I’ve our CEO, Yannick Fierling; and our CFO, Therese Friberg. We’ll run via the presentation, after which we are going to open up for a Q&A session. (Operator Directions)
So with that, very welcome once more, and over to you, Yannick.
Yannick Fierling
Thanks very a lot, Ann-Sofi. Good morning to all of you. I am very completely satisfied to be with you for the second quarter outcomes. I’ll begin with just a few highlights. The primary constructive information we’ve to share with you is that we’ve been outperforming the markets with our 3 main manufacturers: Electrolux, AG and Frigidaire. The second level is about our working margin. We now have been bettering our working margin from 1.2% to 2.5%. We have a spotlight, which is a constructive working margin in North America. And we’ve been delivering these leads to an surroundings, which has been fairly difficult with a really risky geopolitical surroundings.
So good progress on the short-term aspect of the equation, however we’ve been making as effectively fairly good progress along with the staff on the ambitions we need to