Q2 21 was strong vs Q2 20, the latter being impacted by the lockdowns. Organic sales surged by c.+39% and the operating margin jumped to 6.5% of sales, below the Q1 21 level. The positives, including volume growth, price increases, favourable product-mix and lower promotion, more than offset the negatives, i.e. higher raw material and logistic costs, adverse currency effect, and delays in delivery due to the shortage of electronic components. Given its strong balance sheet, Electrolux gave a hig ....
