Annual Report 2018

PDF of legal annual report with financial statements.

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Annual Review 2018

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Strong financial position

Healthy cash flow generation and a strong balance sheet supporting further growth

Strong balance sheet and firepower offer growth opportunities

Electrolux had a net financial cash position of SEK 2bn as of December 31, 2018 and a firepower of approximately SEK 14bn.

Healthy cash flow generation

In 2016-2018, cash flow after investments amounted to SEK 19.7bn.

Increasing earnings stability through product mix and cost efficiency

The strategic focus on driving mix through consumer experience innovation and product portfolio management has in combination with a strong track-record of delivering cost reductions resulted in increased earnings stability. Despite significant headwinds from raw material, trade tariffs and currency of SEK 3bn in 2018, Electrolux achieved an operating income excluding non-recurring items of SEK 6.7bn, corresponding to a margin of 5.4% (6.1). 
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