AB Electrolux Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Simply Wall St

February 23, 2025

AB Electrolux (STO:ELUX B) Full Year 2024 Results

Key Financial Results

Revenue: kr136.2b (up 1.3% from FY 2023).
Net loss: kr1.39b (loss narrowed by 73% from FY 2023).
kr5.16 loss per share (improved from kr19.36 loss in FY 2023).

revenue-and-expenses-breakdown — OM:ELUX B Revenue and Expenses Breakdown February 23rd 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

AB Electrolux Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 20%.

The primary driver behind last 12 months revenue was the Europe, Asia-pacific, Middle East and Africa segment contributing a total revenue of kr59.8b (44% of total revenue). Notably, cost of sales worth kr115.9b amounted to 85% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to kr13.6b (63% of total expenses). Explore how ELUX B's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Durables industry in Sweden.

Performance of the Swedish Consumer Durables industry.

The company's shares are down 3.1% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with AB Electrolux.

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This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.