Electrolux President and CEO Jonas Samuelson’s comments on the results for the second quarter 2017
Significant earnings improvement across the GroupDuring the second quarter Electrolux improved its operating income by close to 25%, achieving an operating margin of 6.2%. Profitability increased in most of our business areas. This was driven by continued focus on improving product mix through active portfolio management, and increased cost efficiency within our operations. Cash flow continued to be strong, further strengthening our balance sheet. In EMEA, our premium brands continued to gain market share driven by the built-in kitchen segment. The launch of the new AEG products is