Electrolux closed the fourth quarter 2017 recording net sales of SEK 32,366 million SEK. Organic sales growth was 4.0%, contribution from acquisitions and divestments was 1.4% while currency translation had a negative impact of 4.7%. The Operating income increased to 1,969 million SEK, corresponding to a margin of 6.1%. Four business areas achieved an operating margin of more than
Income for the period increased to 1,930 million SEK. According to the company, all business areas improved earnings.
«In 2017 – commented the President and CEO Jonas Samuelson – we had a consistent focus on driving sustainable profitability through portfolio management and cost efficiencies. As a result, we improved earnings across all our business areas and generated a margin of more than 6%. I am very pleased with the performance in 2017 and especially that we in the fourth quarter managed to grow our business in a profitable way, with an organic growth of 4%. With that we took an important next step on our journey towards profitable growth.» 
«I am also very pleased – added Samuelson – that our strong focus in EMEA on new innovative products is paying off and that our premium brands continued to gain market share, contributing to an organic sales growth of 4%. In North America, sales under our own brands increased but could not offset the decline in volumes under private labels.»
