Solid financial position

  • Solid liquidity of SEK 32.8bn, including revolving credit facilities as of the end of December 2023
    • For information on unused credit facilities, see latest interim report under Financial position.
  • Well-balanced maturity profile
  • 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 well above target level, the focus is to generate cash flow and improve earnings. In October 2023, a significant step-up in cost reduction measures was announced, including further sharpening of the stratetic focus and simplification of the organizational structure.
    • Investment-grade rating from S&P Global Ratings of BBB with stable outlook. (December 2023)
  • Sustainable financing
    • Green bonds outstanding of SEK 6bn. (Feb 2023)
    • Sustainability-linked revolving credit facility contracted in 2021, maturing in 2028.
    • USD 282m loan with European Investment Bank.
    • Focusing on industrial and R&D projects, which have significant potential to enable Electrolux to reduce its climate impact.


Capital allocation

  • The Group’s goal is for the dividend to correspond to approximately 50% of the annual income.
  • 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
  • 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, 2023


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.