Financial position
- Solid liquidity of SEK 34.1bn, including revolving credit facilities. (Dec 31, 2024)
- For information on unused credit facilities, see latest interim report under Financial position.
- Well-balanced maturity profile
- No financial covenants in any loan agreements
- For latest net debt information, see Net debt at www.electroluxgroup.com/net-debt/
- The Board’s objective is to maintain a solid investment grade rating, as defined by leading rating institutes, meaning that over time the Group’s net debt should not exceed two (2) times EBITDA.
- Since net debt/EBITDA currently is above target level, the focus is to generate cash flow and improve earnings. In 2023 and 2024 significant cost reduction measures were implemented, including simplification of the organizational structure. In 2025, cost reductions primarily focus on product costs through best-cost country sourcing, value engineering, and global supplier consolidation. Cost reductions of SEK 4.0bn were achieved in 2024.
- EBITDA adjusted for non-recurring items amounted to
SEK 8.1bn in 2024, an increase from
SEK 6.7bn in 2023. - Investment-grade rating from S&P Global Ratings of BBB- with stable outlook. (August 2025)
- Sustainable financing
- Green bonds outstanding of
SEK 3bn. (Dec 2024) - Sustainability-linked bond outstanding of USD 100m.
(Dec 2024) - Sustainability-linked loan of USD 150m with the Nordic Investment Bank.
- Sustainability-linked revolving credit facility of EUR 1bn signed in 2021, maturing in 2028.
- USD 282m loan with European Investment Bank with the purpose to support research, development and innovation on more energy-efficient household appliances.
- Green bonds outstanding of
Capital allocation
- The Group’s goal is for the dividend to correspond to approximately 50% of the annual income. In line with the policy, no dividend was paid for financial year 2024.
- In July 2021, the Board decided to distribute a larger part of the value created to the shareholders after a review of the Group’s capital structure. Read more on www.electroluxgroup.com/PR_capital_structure
- Electrolux has a long history of successful spin-offs, e.g. Autoliv, Husqvarna, and Electrolux Professional, by distributing the shares to Electrolux shareholders and listing them on the stock exchange.
Long-term borrowings, by maturity
As per December 31, 2024
Distribution to shareholders
Distribution to shareholders paid in the year.
Note: In 2021 and 2022 Electrolux repurchased own shares of
series B for the total amount of SEK 894m and SEK 2,138m,
respectively. In accordance with the Board’s proposal, the 2023
Annual General Meeting resolved to not distribute any dividend
for the fiscal year 2022.