Electrolux Q2 2018 Interim report: On track despite headwinds
Highlights of the second quarter of 2018· Net sales amounted to SEK 31,354m (30,948). Sales growth was 0.7% with organic sales growth across most business areas. · Operating income amounted to SEK 827m (1,919), corresponding to a margin of 2.6% (6.2). · Operating income include costs of SEK 818m, whereof SEK 564m relates to an investigation by the French Competition Authority and SEK 254m to an unfavourable court ruling in France, both impacting Major Appliances EMEA. Excluding these non-recurring items, operating income amounted to SEK 1,645m, corresponding to a margin of 5.2% (6.