Operating profit excluding non-recurring items at the Swedish group, whose brands include Frigidaire and AEG, rose to 1.2 billion crowns ($124 million) in the April-June period from a year-earlier 797 million, on 2% organic sales growth.
Analysts had on average forecast an operating profit of 617 million Swedish crowns, in a poll provided by Electrolux.
The appliance maker has been battling for years with weak demand and cut-price competition, with particularly its North America business - which represents around a third of sales - struggling to turn an operating profit.
It carried out a steeply discounted 9 billion Swedish crown rights issue in June to fund a tie-up with Chinese rival Midea (000333.SZ) in North America, restructure its global business and deleverage its balance sheet.
($1 = 9.6759 Swedish crowns)






