Electrolux Q2 interim report 2019: Good price momentum and focus on innovation
Highlights of the second quarter of 2019· Net sales amounted to SEK 31,687m (31,354). Sales decline of 2.7%, driven by lower volumes. · Operating income amounted to SEK 1,619m (827), corresponding to a margin of 5.1% (2.6). The comparison period included non-recurring items of SEK -818m. · Price increases fully offset the headwinds from higher raw material costs, trade tariffs and currency as well as lower volumes. Mix improvements mitigated higher investments in marketing and R&D. · Operating cash flow after investments amounted to SEK 384m (1,805). · Income for the period