Whirlpool Half-Year Report 2023

  • Share gains in North America and Latin America offset by negative price/mix and EMEA demand weakness
  • Cost take out actions delivered ~$150M in Q2; On track to deliver $800M – $900M full-year benefit
  • ~200 basis points of sequential ongoing EBIT margin expansion
  •  Delivered ongoing EPS of $4.21

PROFITABLE GROWTH
Net Sales $4.8B YoY Change (6.0)% (7.2)% organic

MARGIN EXPANSION
Ongoing EBIT Margin 7.3%  YoY Change (1.7) pts

CASH CONVERSION
Free Cash Flow $(587)M FCF as % of  Net Sales 6.2)%

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