Electrolux Q2 2022 Interim report: Constraints impacting volume and productivity

Net sales increased to SEK 33,749m (30,303), corresponding to an organic sales growth of 0.3%. Strong price execution across all business areas and mix improvements from product launches contributed to growth, while volumes declined significantly. Market demand was down in most regions.

In the quarter, organic sales were relatively flat, with positive price and mix execution offsetting significant production volume losses and lower consumer demand.

Through strong price execution, we offset significant cost inflation in the quarter, primarily in raw material and logistics. We remain confident to do so also for the full year, as we have done for the past four years. In an inflationary environment, price increases are more accepted in the market. This, combined with attractive products, makes us well-positioned to continue to be successful in raising prices if needed.