Strong focus on sustainable consumer experience innovation and operational efficiency through modularized products in automated production are key drivers for profitable growth, supported by a solid balance sheet. Sustainability is an integral part of Electrolux Group’s strategy.
Strategy for profitable growth
Financial targets
Electrolux Group targets at least 4% annual organic sales growth over a business cycle. The main levers for organic growth are to strengthen its core brands, and focus on key markets, while expanding in its main channels and product categories.
Electrolux Group aims to achieve an operating margin (excl. non-recurring items) of at least 6% over a business cycle through growth and by continuously improving product offerings and cost efficiency.
A capital turnover goal of at least four times over the business cycle, driven by ongoing efforts to reduce working capital and improve financial flexibility.
The company is focused on delivering a return on net assets exceeding 20% over a business cycle, achieved through a robust operating margin and efficient use of capital.
How we create value
Forward Looking Statements
The section How we create value contains ‘forward-looking’ statements that reflect the company’s current expectations. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations prove to have been correct as they are subject to risks and uncertainties that could cause actual results to differ materially due to a variety of factors. These factors include, but are not limited to, changes in consumer demand, changes in economic, market and competitive conditions, supply and production constraints, currency fluctuations, developments in product liability litigation, changes in the regulatory environment and other government actions.
Forward-looking statements speak only as of the date they were made, and, other than as required by applicable law, the company undertakes no obligation to update any of them considering new information or future events.