0934 GMT - Electrolux is undergoing a deep reorganization, and efficiency gains should drive the profitability recovery in 2026-2028, AlphaValue analyst Helene Coumes writes. The Swedish appliance maker operates in a volatile and uncertain consumer environment across all its geographies, and earnings this year will be impacted by significant restructuring charges, Coumes says. AlphaValue no longer assumes a dividend payment for 2026. However, the share price has rebounded sharply recently, and the North American partnership with Midea remains an important catalyst, which should become clearer over the coming quarters. AlphaValue lowers its share target price to 38.5 Swedish kronor from 43.8 kronor and keeps its buy rating. Shares fall 0.6% to 29.49 kronor.
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