- Electrolux reported an operating profit of SEK 452 million, which is below the estimated SEK 666.2 million.
- The adjusted operating profit was also SEK 452 million.
- In North America, Electrolux achieved net sales of SEK 11.45 billion, surpassing the estimated SEK 10.79 billion.
- Latin America net sales were SEK 7.01 billion, higher than the expected SEK 6.63 billion.
- Overall net sales reached SEK 32.58 billion, exceeding projections of SEK 31.97 billion.
- However, EMEA & APAC net sales were SEK 14.12 billion, falling short of the anticipated SEK 14.71 billion.
- The company has a market sentiment with 7 buy ratings, 8 hold ratings, and 1 sell rating from analysts.
A look at Electrolux Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Electrolux AB, a Swedish appliance company known for its wide range of products including refrigerators, dishwashers, washing machines, and more, has a mixed outlook based on the Smartkarma Smart Scores. While it scores moderately in terms of value with a score of 3, other key factors like dividend, growth, resilience, momentum all fall below optimal levels with scores of 1 or 2. This indicates that although Electrolux may offer decent value, there are concerns regarding its dividend yield, growth potential, resilience to market fluctuations, and momentum in the market.
Overall, Electrolux’s future prospects may be somewhat uncertain given the lower scores in important areas such as dividend, growth, resilience, and momentum. Investors may need to consider these factors carefully before making long-term investment decisions in the company.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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