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)%