Electrolux Q1 2018 interim report: Growth and solid earnings Highlights of the first quarter of 2018 Net sales amounted to SEK 27,906m (28,201). Sales growth was 3.3%, while currency translation had a negative impact of 4.4%. Strong organic sales growth in Major Appliances EMEA and Asia/Pacific. Operating income amounted to SEK 764m (1,442), corresponding to a margin of 2.7% (5.1). Operating income includes restructuring costs of SEK 596m relating to the consolidation of freezer production in North America. Excluding these costs, operating income amounted to SEK 1,360m, corresponding to a margin of 4.9%. Product mix improvements and higher cost efficiency offset accelerating input costs pressures and unfavorable currency effects. Continued solid earnings development across most business areas, although earnings for Major Appliances Latin America was significantly impacted by higher costs for raw materials and currency headwinds. Operating cash flow after investments amounted to SEK -2.7bn (-1.0). Income for the period decreased to SEK 551m (1,012), and earnings per share was SEK 1.92 (3.52).

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6. -20%
-15%
-10%
-5%
0%
5%
10%
6
2007 2008 2009 2010 2011 2012 2013
W. Eur. 2 1 -1 -5 -4 -4 -5 -8 -10 -9 -4 -2 2 1 0 3 -2 -3 -3 -2 -1 -4 -1 -3 -3 1 0 0 4 3 2 3 6 4 6 3 3 5 1 1 0 0 1 1 0
E. Eur. 14 8 6 13 9 6 3 -15 -28 -28 -23 -19 -9 5 6 20 13 12 7 10 7 3 2 3 1 3 2 -1 9 2 0 4 -10 -14 -12 -24 1 3 6 5 4 6 4 6 6
2014 2015 2016 2017
ELECTROLUX Q1 2018 PRESENTATION
2018
Source: Electrolux estimates

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8. -20%
-15%
-10%
-5%
0%
5%
10%
15%
8
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
ELECTROLUX Q1 2018 PRESENTATION
2017 2018
Source: AHAM

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+2-3%
Demand remains
positive
+1-2%
Positive overall
demand trend
+3-5%
Market recovery
in the region
Positive
+1-2%
In general positive
Market is estimated
to be positive
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