Electrolux revises Italy plan: Barclays targets Electrolux stock at SEK 25.00
Published on 10/13/2026 at 05:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Electrolux revised its Italian restructuring plan on October 5, 2026, reducing planned exits to 1,250 from up to 1,700.
- Barclays had a SEK 25.00 price target dated October 1, 2026, according to TargetWatch.
- Second-quarter 2026 revenue rose 6.90 percent to SEK 31.57 billion, while operating income was negative SEK 1.01 billion.
- Electrolux is scheduled to publish its third-quarter 2026 report on October 23, 2026, at 7:00 a.m. CEST.
Electrolux (ISIN SE0016589188) had revised its Italian restructuring plan on October 5, 2026, reducing planned exits to 1,250 from as many as 1,700, according to Reuters. On October 1, 2026, Barclays had a SEK 25.00 price target for the stock, as listed by TargetWatch.
Italy plan cuts 1,250 jobs
The revised plan relies on voluntary departures and furlough schemes over three years rather than compulsory redundancies. The 1,250 planned exits comprise 650 production workers and 600 office employees, while Electrolux is also open to finding a buyer for its kitchen hood plant in Cerreto d'Esi, according to Reuters.
What does the next report add?
Electrolux will publish its third-quarter 2026 report on October 23, 2026, at 7:00 a.m. CEST and hold a presentation at 9:00 a.m. CEST, according to the company announcement carried by Cision. The timing makes the upcoming release the next concrete test for the savings plan and demand in Electrolux markets.
Three dated company events
On March 25, 2026, Electrolux held its annual meeting at 4:00 p.m. CET. On September 17, 2026, the nomination committee for the 2027 annual meeting was appointed, with that meeting scheduled for March 24, 2027. On October 8, 2026, Electrolux announced the third-quarter report date of October 23, 2026, according to the company's Investor Relations page.
Second-quarter figures show strain
Revenue reached SEK 31.57 billion in the second quarter of 2026, up 6.90 percent from the same quarter a year earlier. Operating income was negative SEK 1.01 billion, producing a negative operating margin of 3.20 percent, according to Affarsvarlden. The combination of higher sales and negative operating income leaves execution of the restructuring plan as the central operating question for the next report.
Stock stays on dated footing
On Nasdaq Stockholm, Electrolux was last at SEK 25.01 on October 12, 2026 at 5:29 p.m. CEST. At Lang & Schwarz, the stock was last at EUR 2.23 on October 12, 2026 at 11:00 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Electrolux stock.
Electrolux stock facts
- Company: AB Electrolux (publ)
- ISIN: SE0016589188
- Ticker: ELUX B
- Primary exchange: Nasdaq Stockholm
- Price Lang & Schwarz (as of October 12, 2026, 11:00 p.m. CEST): EUR 2.23
- Sector / Industry: Consumer Discretionary / Furnishings, Fixtures and Appliances
Market context: Market report OMXS30.
