As of June 30, 2026, Electrolux Group had a financial net debt (excluding lease liabilities and post-employment provisions) of SEK 21,035m, compared to the financial net debt of SEK 28,072m as of June 30, 2025 and SEK 24,593m as of December 31, 2025. The decrease in 2026 was mainly driven by the net proceeds from the rights issue completed at the end of June of SEK 9.1bn.
Net provisions for post-employment benefits amounted to a surplus of SEK 828m and lease liabilities amounted to SEK 3,749m as of June 30, 2026. In total, net debt amounted to SEK 23,957m, a decrease of SEK 4,220m compared to SEK 28,176m as of December 31, 2025 and a decrease of SEK 8,582m compared to June 30, 2025.
Long-term borrowings and long-term borrowings with maturities within 12 months, amounted to a total of SEK 37,790m as of June 30, 2026, with an average maturity of 2.5 years, compared to SEK 36,545m and 3.0 years at the end of 2025, and SEK 35,681m and 3.0 years at the end of June 2025.
In the second quarter, SEK 750m of commercial paper was issued of which SEK 550m will mature in the third quarter. During the remaining part of 2026, long-term borrowings amounting to approximately SEK 5,550m, will mature.
Liquid funds as of June 30, 2026, amounted to SEK 20,569m, an increase of SEK 4,674m compared to SEK 15,895m as of December 31, 2025 and an increase of SEK 9,899m compared to SEK 10,670m at the end of March 2026. Total liquidity, including the revolving credit facilities, amounted to SEK 37,662m compared to SEK 32,713m as of December 31, 2025. The increase in liquid funds during the first two quarters 2026 was mainly driven by the net proceeds from the rights issue.
Net debt/EBITDA was 2.6 (3.5) and return on equity was -35.7% (5.1).
Long-term borrowings, by maturity
(As per June 30, 2026)