Electrolux: Barclays remains Underweight

(CercleFinance.com) - Barclays reaffirms its 'underweight' recommendation on Electrolux, as well as its price target of SEK 80, pointing to the 'continuation of an uncertain trajectory to improve profitability and reduce debt' with a 'double burden of trade'.


The broker sees the group as a likely victim of growing competition from Chinese home appliances and tariffs on supplies from China, which could reduce its 2026 adjusted EBIT by around 28% in the absence of price repercussions.

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