As of September 30, 2026, Electrolux Group had a financial net debt (excluding lease liabilities and post-employment provisions) of SEK 18,284m, compared to the financial net debt of SEK 28,291m as of September 30, 2025 and SEK 24,593m as of December 31, 2025. The decrease during 2026 was mainly driven by the rights issue completed at the end of June, generating net proceeds of approximately SEK 9.1bn.
Net provisions for post-employment benefits amounted to a surplus of SEK 1,208m and lease liabilities amounted to SEK 3,697m as of September 30, 2026. In total, net debt amounted to SEK 20,773m, a decrease of SEK 7,404m compared to SEK 28,176m as of December 31, 2025 and a decrease of SEK 11,790m compared to September 30, 2025.
Long-term borrowings and long-term borrowings with maturities within 12 months, amounted to a total of SEK 32,747m as of September 30, 2026, with an average maturity of 2.6 years, compared to SEK 36,545m and 3.0 years at the end of 2025, and SEK 36,926m and 3.0 years at the end of September 2025.
In the third quarter, SEK 5,393m of long-term borrowings were amortized and SEK 5m of new long-term debt was issued. In September, the Group exercised its option to early redeem a EUR 500m bond issued under the Electrolux Euro Medium Term Note (EMTN) program. There are no long-term debt maturities during the remainder of 2026.
Liquid funds as of September 30, 2026, amounted to SEK 17,364m, an increase of SEK 1,470m compared to SEK 15,895m as of December 31, 2025 and a decrease of SEK 3,204m compared to SEK 20,569m at the end of June 2026. Liquid funds including unused committed revolving credit facilities, amounted to SEK 34,695m compared to SEK 32,713m as of December 31, 2025. The increase in liquid funds during 2026 was mainly driven by net proceeds of approximately SEK 9.1bn from the rights issue.
Net debt/EBITDA was 2.2 (3.5) and return on equity was -24.3% (6.3).
Long-term borrowings, by maturity
(As per September 30, 2026)