Electrolux Professional (EPRO) Q4 2025 earnings summary

Executive summary

• Leadership transition as Paolo Schira is appointed CEO, succeeding Alberto Zanata following his retirement.

• Improved underlying profitability and organic growth achieved despite significant geopolitical, macroeconomic, currency, and tariff headwinds.

• Transformation initiatives included investments in R&D, new product launches, North American expansion, and an efficiency program to optimize operations.

• Acquisition of Royal Range in the US completed in January 2026, strengthening the US cooking segment.

• Continued investments in new laundry platform and horizontal cooking, both set for 2026 launch.

Financial highlights

• Q4 net sales were SEK 3,085m, down 7.3% year-over-year, with organic sales nearly flat at -0.6% and currency effects of -6.7%.

• EBITA margin improved to 12.6% in Q4 from 12.0% last year; full-year EBITA margin was 12.1% (11.6%).

• Earnings per share reached SEK 0.98 in Q4, up from SEK 0.75, with income for the period rising 30.2% to SEK 280m.

• Operating cash flow after investments in Q4 was SEK 422m (532); full year SEK 1,303m (1,548).

• Net debt reduced to SEK 1,538m from SEK 2,481m, with net debt/EBITDA at 1.0x.

Outlook and guidance

• Efficiency program launched in September 2025 is on track, expected to yield significant savings in 2026 and 2027.

• New product launches in laundry and horizontal cooking planned for 2026.

• Order intake for Food & Beverage in Europe and Laundry segments ended the year higher, supporting a positive Q1 2026 outlook.

• Dividend per share proposed to increase to SEK 0.95, in line with shareholder remuneration objectives.