Electrolux Q3 2020 Interim report: Strong results and cash flow on rebounding markets
The comments and figures in this report refer to continuing operations unless otherwise stated Highlights of the third quarter of 2020 · Net sales amounted to SEK 32,004m (30,330). Organic sales increased by 15.2%. · Record high operating income of SEK 3,220m (1,063), corresponding to a margin of 10.1% (3.5), mainly driven by strong volumes and prices. The comparison period included non-recurring items of SEK -290m. · Significant market recovery driven mainly by pent-up demand and government stimulus programs. · Income for the period amounted to SEK 2,356m (610) and