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(SEKm) Q3 2017 Q3 2016 Change
Sales 29,309 30,852 -5.0%
Organic growth -3.2%
Acquisitions 1.8%
Divestments -0.4%
Currency -3.2%
EBIT 1,960 1,826 7.3%
Margin 6.7% 5.9% 0.8pts
EPS 4.96 4.41 12.5%
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EBIT* % 12m rolling
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Q21
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Q31
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Q41
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Q21
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Q21
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Q31
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ELECTROLUX Q3 2017 PRESENTATION
*EBIT excludes material profit and loss items for 2014 and costs for GE Appliances for 2014 and
2015. See page 23 in the interim report.
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3 ELECTROLUX Q3 2017 PRESENTATION
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(SEKm) Q3 2017 Q3 2016 Change
Sales 9,422 9,579 -1.6%
Organic growth -1.1%
Acquisitions 2.5%
Currency -3.0%
EBIT 749 680 10.1%
Margin 7.9% 7.1% 0.8pts
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EBIT % 12m rolling
*EBIT excludes material profit and loss items for 2014. See page 23 in the interim report.
-20%
-15%
-10%
-5%
0%
5%
10%
5
2007 2008 2009 2010 2011 2012 2013
W. Eur. +1 +1 -1 -5 -4 -4 -5 -8 -9 -9 -4 -2 +1 0 0 0 -2 -2 -3 -3 -2 -4 -2 -2 -3 0 -1 -1 +2 +1 +1 +3 +4 +4 +5 +3 +3 +5 0 +2 -1 -1 +1
E. Eur. +14 +5 +5 +10 +6 +5 +4 -15 -31 -30 -26 -17 -7 +1 +5 +13 +13 +12 +7 +9 +5 +3 +2 +2 +3 +2 +1 -2 +4 +1 -4 +1 -10 -23 -15 -24 0 +4 +2 +5 +3 +5 +2
2014 2015
ELECTROLUX Q3 2017 PRESENTATION
2016 2017
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(SEKm) Q3 2017 Q3 2016 Change
Sales 9,544 11,189 -14.7%
Organic growth -10.8%
Currency -3.9%
EBIT 719 824 -12.7%
Margin 7.5% 7.4% 0.1pts
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EBIT* % 12m rolling
ELECTROLUX Q3 2017 PRESENTATION
*EBIT excludes costs for GE Appliances for 2014 and 2015. See page 22 in the interim report.
-20%
-15%
-10%
-5%
0%
5%
10%
15%
7
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
ELECTROLUX Q3 2017 PRESENTATION
2017
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(SEKm) Q3 2017 Q3 2016 Change
Sales 4,132 3,968 4.1%
Organic growth 7.4%
Currency -3.3%
EBIT 77 19 n.m.
Margin 1.9% 0.5% 1.4pts
-2
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Q11
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Q21
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Q31
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EBIT % 12m rolling
ELECTROLUX Q3 2017 PRESENTATION
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(SEKm) Q3 2017 Q3 2016 Change
Sales 2,415 2,515 -4.0%
Organic growth -1.6%
Acquisitions 0.5%
Currency -2.9%
EBIT 214 208 2.9%
Margin 8.9% 8.3% 0.6pts
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EBIT % 12m rolling
ELECTROLUX Q3 2017 PRESENTATION
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(SEKm) Q3 2017 Q3 2016 Change
Sales 1,898 1,960 -3.1%
Organic growth -0.8%
Acquired growth 5.6%
Divestments -5.9%
Currency -2.0%
EBIT 80 34 n.m.
Margin 4.2% 1.7% 2.5pts
-2
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Q11
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Q31
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Q21
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EBIT % 12m rolling
ELECTROLUX Q3 2017 PRESENTATION
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(SEKm) Q3 2017 Q3 2016 Change
Sales 1,897 1,641 15.6%
Organic growth 6.4%
Acquisitions 11.5%
Currency -2.3%
EBIT 272 234 16.2%
Margin % 14.3% 14.3% 0.0pts
02468
10121416
Q11
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Q21
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Q31
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EBIT % 12m rolling
ELECTROLUX Q3 2017 PRESENTATION
SEKm Q3 2017 Q3 2016 Change %
Net Sales 29,309 30,852 -5.0
Organic % -3.2 -1.6
Acquisitions / divestments % 1.4 0.0
Currency -3.2 0.2
Gross operating income 6,110 6,600 -7.4
Gross operating margin % 20.8 21.4 -0.6pts
EBIT 1,960 1,826 7.3
EBIT margin % 6.7 5.9 0.8pts
Op. cash flow after investments 2,287 2,965 -22.9
EPS 4.96 4.41 12.5
13 ELECTROLUX Q3 2017 PRESENTATION
SEKm Q3 Net Cost
EfficiencyCurrency*
Acq/**
Divest.Other Q3 2017
Net Sales 30,852 -944 -1,021 422 29,309
Growth -3.2% -3.2% 1.4% -5.0%
EBIT 1,826 -507 -410 1,215 -189 25 1,960
EBIT %Accretion
/Dilution
5.9% -1.5% -1.4% 4.1% -0.4% 0.0% 6.7%
14 ELECTROLUX Q3 2017 PRESENTATION
*Currency includes SEK -40m of currency translation and -149m of transaction effect on EBIT.
**Acquisitions/divestments includes the acquisition of Kwikot, Best, Vintec, Anova and Grindmaster-Cecilware and the sale of Eureka.
15 ELECTROLUX Q3 2017 PRESENTATION
SEKm 2017 Q3 2016 Q3
EBIT 1,960 1,826
D/A and other non-cash items 942 1,040
Change in operating
assets and liabilities584 848
Investments in intangible and
tangible assets-1,135 -799
Other investments -64 50
Cash flow after investments* 2,287 2,965
16 ELECTROLUX Q3 2017 PRESENTATION
*Before acquisitions and divestments
Region Q4 2017 FY 2017 Comments
Europe Stable ~1%Positive overall demand trend,
UK remains weak
North AmericaSlightly
Positive+3-4% Demand trend remains positive
Latin America Positive Stable Market recovery in the region
East AsiaSlightly
PositivePositive East Asia in general positive
AustraliaSlightly
PositivePositive Market is estimated to be positive
18 ELECTROLUX Q3 2017 PRESENTATION
Electrolux Q4 2017 FY 2017 Comments for the full-year 2017
Volume/price/mixSlightly
Positive
Slightly
Negative
Volume decline and price pressure partly
offset by mix
Raw materials Negative Negative Raw materials ≈ SEK -1.4bn
Net cost efficiency Positive Positive Net cost efficiency ≈ SEK 3.0bn
Currency
transactional effect*
SEK
+255m
SEK
-90m
Headwinds in NA, EMEA and net positive in
Latin America
Currency
translational effect*
SEK
-80m
SEK
-10m
Capex Slightly up Slightly up FY 2017 ≈ SEK 4bn
19 ELECTROLUX Q3 2017 PRESENTATION
* Currency rates as per September 29, 2017
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