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Electrolux Group Interim report Q1 2026

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STOCKHOLM, April 24, 2026 /PRNewswire/ —

Highlights of the first quarter of 2026

Net sales amounted to SEK 29,543m (32,576) with flat organic sales of -0.5% (7.9). Organic sales growth was +3.6% in Europe, Middle East & Africa and Asia Pacific (EMEA APAC) and +8.0% in Latin America, driven mainly by higher volumes. North America reported an organic sales decline of -11.6%, mainly reflecting weaker market conditions.Operating income excluding non-recurring items was SEK 198m (452), corresponding to a margin of 0.7% (1.4). The decline was driven by an operating loss in North America, mainly due to increased costs for U.S. tariffs and a significant slowdown in market demand. Also, a change in accounting estimates for customer rebate provisions reflecting price volatility in prior months and a voluntary recall of a limited number of Frigidaire gas ranges, jointly impacted operating income negatively with approximately SEK 0.3bn. Regions EMEA APAC and Latin America reported improved operating income excluding non-recurring items, with an operating margin of 4.1% and 7.9%, respectively. Increased cost efficiency contributed approximately SEK 0.7bn to Group operating income.Operating income of SEK -266m (452), corresponding to an operating margin of -0.9% (1.4) included a negative non-recurring item of SEK -463m related to previously announced actions in region Latin America.Income for the period amounted to SEK -470m (42) and earnings per share were SEK -1.74 (0.16).Operating cash flow after investments was SEK -4,566m (-3,107), negatively impacted by an operating loss in North America and a seasonal increase in working capital.Events after the close of the period: Electrolux Group announced on April 22, it will end production at the Jászberény, Hungary factory. Production is expected to cease by the end of 2026.Electrolux Group on April 23 announced that it has entered into agreements with Midea Group to establish a highly complementary long-term strategic partnership in North America.Electrolux Group on April 23 announced that it accelerates its profitable growth strategy through a partnership with Midea, global organization and footprint optimization, and a fully underwritten rights issue of approx. SEK 9 billion.

President and CEO Yannick Fierling’s comment

In recent months we have taken decisive steps to accelerate our profitable growth strategy. Yesterday initiatives were announced that will fundamentally strengthen Electrolux Group. We are forming a highly complementary, strategic partnership with Midea Group in North America. It will accelerate growth, improve profitability and form a strong platform moving forward. We have also initiated efforts to optimize our global manufacturing footprint and improve efficiency across the organization. In addition, the Board of Directors have resolved on a fully underwritten rights issue of approximately SEK 9bn to finance our profitable growth initiatives and strengthen the Group’s balance sheet.

The home appliance industry is undergoing rapid change, with an increasingly dynamic market environment. In the first quarter I am pleased we strengthened our market positions in Europe and Brazil. Regions EMEA APAC and Latin America grew sales and improved operating income and margin, adjusted for non-recurring items. However, North America reported weaker sales reflecting a 10% decline in market demand, and an operating loss in the quarter. The Group’s ambition for cost reductions remains high and with SEK 0.7bn in the first quarter, we are on track to reach the cost efficiency outlook of SEK 3.5-4.0bn for full-year 2026.

Europe, Middle East & Africa and Asia Pacific

Despite a flat European core appliance market in the quarter, organic sales increased. Operating income and margin improved, mainly driven by cost efficiency. Volume and mix improved, with increased market shares for the AEG and Electrolux brands and a further strengthened position in the important built-in kitchen segment.

Latin America

In Brazil, growth in consumer demand continued and Latin America reported good organic growth, with improved operating income and a higher margin, adjusted for non-recurring items. The competitive pressure was strong and the improvement in operating income was mainly driven by cost efficiency.

North America

Market demand in the U.S. declined significantly and price levels are estimated to have been up slightly, year-over-year, however not reflecting the year-over-year cost increase of implemented U.S. tariffs. Significant negative external factors, mainly related to tariff costs, and the organic sales decline were the main contributors to the operating loss. In addition, a change in accounting estimates for customer rebate provisions reflecting price volatility in prior months, and a voluntary recall of a limited number of Frigidaire gas ranges jointly impacted operating income negatively with approximately SEK 0.3bn.

As a result of a review of our global manufacturing footprint, the decision was announced earlier this week to cease production in Jászberény, Hungary, by the end of 2026. Also, a decision was taken during the first quarter to cease manufacturing in Santiago, Chile, by the end of April, and downsizing measures were implemented in Argentina.

Revisions to market outlook for 2026

Following the downturn in the U.S. home appliances market in the first quarter, the market outlook for North America in 2026 is revised from ‘Neutral to Negative’ to ‘Negative’. The Brazilian home appliance market developed positively in the first quarter and although growth rates may slow somewhat throughout the year the market outlook for Brazil in 2026 is changed from ‘Neutral’ to ‘Positive’. The market outlook for Europe remains ‘Neutral’.

Our business outlook for 2026 remains overall unchanged, despite expected additional costs related to extended U.S. Section 232 import tariffs on products that contain steel and aluminum, applicable since April 6, 2026. Sizeable price increases have already been announced in North America with the ambition to offset the negative impact from tariffs.

A major milestone in the transformation journey of Electrolux Group

The strategic initiatives announced yesterday will be instrumental to our long-term profitable growth. It will enable us to invest in innovations and consumer experiences that will define the future of home appliances, leverage global scale, significantly reduce costs and increase efficiency.

Webcast and telephone conference 09.00 CEST

A video webcast and simultaneous telephone conference is held at 09.00 CEST today, April 24. Yannick Fierling, President and CEO, and Therese Friberg, CFO, will comment on the report.

If you wish to participate via webcast, please use the link below. Via the webcast you are able to ask written questions.

https://edge.media-server.com/mmc/p/ky4p5vf7/

If you wish to participate via telephone conference please register on the link below. After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the telephone conference.

https://register-conf.media-server.com/register/BId8cf6e47bcbc4ba880de8a08b333c2d3

Presentation material available for download on the Investor relations section on electroluxgroup.com

This is information that AB Electrolux is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 24-04-2026 07:00 CET.

sFor more information:

Ann-Sofi Jönsson, Head of Investor Relations & Sustainability Reporting, ann-sofi.jonsson@electrolux.com,  +46 73 025 1005

Maria Åkerhielm, Investor Relations Manager, maria.akerhielm@electrolux.com, +46 70 796 3856

Henry Sjölin, Investor Relations Manager, henry.sjolin@electrolux.com, +46 76 863 51 85

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/electrolux-group/r/electrolux-group-interim-report-q1-2026,c4339626

The following files are available for download:

https://mb.cision.com/Main/1853/4339626/4056097.pdf

Interim report – ENG – Q1 2026

 

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SOURCE Electrolux Group

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NCL (Formerly Natural Cure Labs) Unveils New Brand Identity, Reinforcing Its Position as a Leading Monolaurin Supplement Company

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Natural Cure Labs, one of the most recognized monolaurin supplement brands in the United States, is officially transitioning to NCL – the same company, same formulations, and same science-backed standards, under a streamlined name.

ST. PETERSBURG, Fla., April 25, 2026 /PRNewswire-PRWeb/ — Natural Cure Labs, one of the most recognized monolaurin supplement brands in the United States, is officially transitioning to NCL. The company, founded in 2015, is adopting a streamlined brand identity while maintaining the same formulations, manufacturing standards, team, and commitment to quality its customers have trusted for more than a decade.

“NCL represents the quality, transparency, and innovation that our community expects from us. As we enter this new chapter, our commitment to our customers and our standards remains as strong as ever.”

NCL stands for Natural Cure Labs. The name change reflects how customers and the team already refer to the company. Over the past 10+ years, “NCL” has become the natural shorthand for Natural Cure Labs – and this transition formalizes that identity. This is a name change and visual evolution only. Ownership, leadership, formulations, and values remain unchanged.

Same Mission, Sharper Identity

This transition is not a departure from who the company is – it is a natural progression. The values that have guided NCL from the very beginning remain unchanged: clean-label quality, third-party testing, science-backed formulations, and an unwavering commitment to transparency. What is changing is how the company presents itself. In the months ahead, this rebrand will be accompanied by further updates across the brand experience – from visual identity and packaging to how NCL shows up across every channel and platform. Each of these changes will reflect the same standard of excellence customers have come to expect.

What is changing is how the company presents itself. In the months ahead, this rebrand will be accompanied by further updates across the brand experience – from visual identity and packaging to how NCL shows up across every channel and platform. Each of these changes will reflect the same standard of excellence customers have come to expect.

More Than 10 Years of Trust

This evolution comes at a time of significant momentum. Since 2015, NCL has grown from a small startup into an award-winning wellness brand available nationwide through Amazon, Walmart, Target+, TikTok Shop, eBay, and other major marketplaces. Along the way, the company has reached milestones that reflect the trust its community has placed in it:

200,000+ customers served worldwide35+ million capsules sold7,000+ verified customer reviewsRecognition in the 2025 Inc. 5000 list of fastest-growing private companiesMultiple Stevie Awards from the American Business AwardsNamed a 2025 and 2026 Gator100 HonoreeThree-time Global 100 winner for Best Health & Wellness Nutrition Manufacturer

“This rebrand isn’t about changing who we are – it’s about evolving how we present ourselves to match the brand our customers already know and trust,” said Damon Sununtnasuk, Founder & CEO.

What This Means for Customers

For existing customers, nothing changes about the products they know and trust. The same formulations, manufacturing facilities, quality controls, and customer support team remain in place. Products sold as Natural Cure Labs and products sold as NCL are from the same company. Customers can continue to find NCL products on the company’s website and through Amazon, Walmart, Target+, Kroger, eBay, and other major marketplaces.

NCL is grateful for every customer who has been part of this journey and is excited for what is to come.

Media Contact

NCL (Natural Cure Labs), NCL (Natural Cure Labs), 1 8003036214, press@naturalcurelabs.com, https://www.naturalcurelabs.com/

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SOURCE NCL (Natural Cure Labs)

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DJI Launches Beginner-Friendly Camera Drone Series with Lito X1 and Lito 1

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Creators now have an accessible option for filming high-quality aerial photography while flying safely with omnidirectional obstacle sensing.

SHENZHEN, China, April 26, 2026 /PRNewswire/ — DJI, the global leader in civilian drones and creative camera technology, today launches the Lito series. Designed for aspiring creators exploring aerial photography for the first time, this new lineup of entry-level aerial camera drones makes high-altitude aerial photography accessible and beginner-friendly from day one. With its affordable price point and well-rounded features, the Lito X1 and Lito 1 strike the perfect balance between high performance and value. It’s an ideal camera drone for young newcomers to aerial photography who want to capture campus life, outdoor adventures, and creative moments without compromise.

Leading the range, the premium Lito X1 features a 1/1.3″ CMOS sensor with 48MP effective pixels for lifelike detail capture. It’s equipped with advanced 5-lux omnidirectional obstacle sensing and forward-facing LiDAR for enhanced precision—ensuring safer flight in complex environments. The intelligent filming tools, such as ActiveTrack, QuickShots, MasterShots, Hyperlapse, and Panorama, lower the learning curve and ensure professional results from a creator’s first takeoff. Meanwhile, the Lito 1 offers a 1/2″ CMOS 48MP sensor and comprehensive 5-lux omnidirectional obstacle sensing, bringing safety and tracking capabilities to an even more accessible package.

Smarter Sensing for Safer Flying

The Lito Series features a multi-layered safety system designed with beginners in mind. The built-in omnidirectional vision system actively avoids obstacles like cliffs, and walls, allowing creators to focus on the joy of flying from takeoff to landing. The premium Lito X1 takes this a step further, enhanced with forward-facing LiDAR for highly precise perception in complex environments.

Captures Crisp Imaging, Rich in Detail

The Lito Series makes it possible to capture stunning visuals – from rich daytime details to clean, low-noise nightscapes. Lito 1 is equipped with a 1/2-inch CMOS sensor and an f/1.8 aperture to capture up to 8K-resolution photos and 4K-resolution video, retaining crisp detail even when zoomed or cropped. The premium Lito X1 uplevels the camera with a 1/1.3-inch CMOS sensor and an f/1.7 aperture, supporting HDR video recordings with up to 14 stops of dynamic range and 10-Bit D-Log M. 

Get High-Quality Shots with ActiveTrack and Smart Modes

The Lito Series delivers stable subject tracking via ActiveTrack, even at speeds up to 12 m/s. Combined with QuickShots, MasterShots, Hyperlapse, and Panorama modes, beginners can automatically execute complex camera moves and capture high-quality footage with ease.

Fly Farther with a Stable View

The Lito Series offers up to 36 minutes of flight time with the standard Intelligent Flight Battery. It also features wind resistance up to 10.7 m/s, allowing the camera drone to hover and fly stably in windy conditions.

Create with Ease and Efficiency

With QuickTransfer, files can be transferred up to 50 MB/s via Wi-Fi 6. Additionally, the premium Lito X1 includes 42GB of internal storage.

Price and Availability

DJI Lito 1 and DJI Lito X1 are available for order starting today through store.dji.com and authorized retailers. Pricing and configurations are as follows: 

DJI Lito 1

DJI Lito 1 retails for 339 EURDJI Lito 1 Fly More Combo (DJI RC-N3) retails for 479 EUR

DJI Lito X1

DJI Lito X1 retails for 419 EURDJI Lito X1 Fly More Combo (DJI RC 2) retails for 579 EUR

DJI Care Refresh

DJI Care Refresh, the comprehensive protection plan for DJI products, is now available for DJI Lito 1. The replacement service covers accidental damage, including flyaway, collisions and water damage. For a small additional charge, you can have your damaged product replaced if an accident occurs.

DJI Care Refresh (1-Year Plan) includes up to two replacements in one year. DJI Care Refresh (2-Year Plan) includes up to four replacements in two years. Other services of DJI Care Refresh include official Warranty and free shipping. For a full list of details, please visit: https://www.dji.com/support/service/djicare-refresh

For more information, please refer to:
https://www.dji.com/lito-x1
https://www.dji.com/lito-1

1 All data was measured using a production model of the DJI Lito 1 and DJI Lito X1 in a controlled environment; actual experience may vary. For more information, please refer to https://www.dji.com/lito-x1 and https://www.dji.com/lito-1

.

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SOURCE DJI

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Silicon Valley Stars Gather for Dreame’s San Francisco Debut

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SAN FRANCISCO, April 25, 2026 /PRNewswire/ — Dreame Technology, a global high-end technology company, confirmed the guest lineup for DREAME NEXT, the company’s largest-ever international launch event, running April 27 to 30, 2026, in San Francisco. The roster brings together figures who have shaped the trajectory of autonomous driving, personal computing, and professional sports: Sebastian Thrun, Steve Wozniak, and Dwyane Wade will all attend.

The breadth of expertise on the guest list reflects the reach of DREAME NEXT itself. Over four days, Dreame will stage product launches across smart mobility, smart home appliances, personal devices, and premium personal care, the first time a single event from the company has spanned its full product ecosystem. The event is organized around five themed segments: Drive Next, Living Next, Connect Next, Self Next, and Humanity Next.

Over the course of the four-day launch event, DREAME NEXT will bring together leading voices from across technology, academia, investment, and innovation to explore the next stage of industry transformation. Discussions will center on how AI-driven applications are reshaping products from the ground up, whether the age of AI requires products to be fundamentally reimagined, how intelligent technologies will redefine the foundations of manufacturing productivity, and what the next decade of human technological evolution may look like.

Featured speakers include AI pioneer Sebastian Thrun (Google X, Udacity), tech futurist Robert Scoble (Microsoft), Meta design leader Julie Zhuo, AI strategist William Fong (Microsoft), and business veteran James W. Keyes (7-Eleven, Blockbuster). The lineup also features Turing Award winner David Patterson, NASA rocket scientist Sylvia Acevedo, Stanford GSB’s Yossi Feinberg, economist Barry Eichengreen, tech journalist Rebecca A. Fannin, engineering leader Jim Chen, and Fremont Mayor Emeritus Lily Mei, alongside former Google DeepMind AI researchers and the co-founders of Robot Launch. These global leaders will share insights on AI, technology, innovation, economics, and entrepreneurship.

Demonstrating Dreame’s growing global influence, the event will also welcome standout guests from beyond the technology sector, including Apple co-founder and personal computing pioneer Steve Wozniak; and three-time NBA champion Dwyane Wade.

The guests in attendance at DREAME NEXT reflect where the company is headed; that leaders from autonomous driving, personal computing, and professional sports are all in the same room for a single company’s launch event speaks to the scale and ambition of what Dreame is building. DREAME NEXT is not just a product launch but the opening chapter of the company’s next ten years.

Dreame’s product portfolio now spans categories that, until recently, belonged to entirely separate industries. DREAME NEXT is designed to demonstrate that these categories are connected by core technologies, including high-speed motors, intelligent algorithms, and bionic robotic arms, which are now being applied across smart mobility, personal devices, home appliances, and personal care. It represents not only the next generation of products and lifestyles, but also the beginning of Dreame’s vision for the next decade.

DREAME NEXT runs April 27 to 30, 2026, in San Francisco. Media, partners, and invited guests are welcome to attend.

Please stay tuned for the latest updates from the event through the official website or the social accounts on X: @DreameGlobal, Facebook: Dreame Tech, and Instagram: @dreame_tech.

About Dreame Technology

Founded in 2017, Dreame Technology is a global high-end technology brand built on a foundation of high-speed digital motors, intelligent algorithms, and bionic robotic arms. The company’s product portfolio spans smartphones, smart vehicles, smart home appliances, intelligent cleaning appliances, outdoor smart devices, and personal care, designed to simplify daily life and give users more time for what matters. Dreame operates in more than 120 countries and regions with over 6,500 offline stores and serves more than 42 million households globally. As of December 31, 2025, the company has filed more than 10,000 patents worldwide and holds over 3,000 granted patents.

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SOURCE Dreame Technology

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