{"id":63513,"date":"2026-06-30T02:41:00","date_gmt":"2026-06-29T19:41:00","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=63513"},"modified":"2026-06-30T02:41:00","modified_gmt":"2026-06-29T19:41:00","slug":"electrolux-group-submits-claims-related-to-refund-of-ieepa-tariffs-of-approx-usd-88-million","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=63513","title":{"rendered":"Electrolux Group submits claims related to refund of IEEPA tariffs of approx. USD 88 million"},"content":{"rendered":"<p><b>The IEEPA<\/b>\u00a0<b>(International Emergency Economic Powers Act)<\/b>\u00a0<b>tariff program was introduced in February 2025 and expanded through April 2025. Following the<\/b>\u00a0<b>U.S<\/b>\u00a0<b>Supreme Court&#8217;s ruling in February 2026 that IEEPA does not grant authority to impose tariffs, the Court of International Trade ordered refunds for importers.<\/b>\u00a0<b>The<\/b>\u00a0<b>U.S. Customs and Border Protection<\/b>\u00a0<b>has since<\/b>\u00a0<b>implemented<\/b>\u00a0<b>a<\/b>\u00a0<b>refund process, administered through a dedicated system.<\/b>\u00a0<b>Phase 1<\/b>\u00a0<b>opened for refund claims on<\/b>\u00a0<b>April 20,<\/b>\u00a0<b>2026.<\/b>\u00a0<b>Phase 2,<\/b>\u00a0<b>which covers<\/b>\u00a0<b>the majority of<\/b>\u00a0<b>entries<\/b>\u00a0<b>relevant to<\/b>\u00a0<b>Electrolux<\/b>\u00a0<b>Group,<\/b>\u00a0<b>opened on June 29, 2026.<\/b>\u00a0<\/p>\n<p><span class=\"legendSpanClass\">STOCKHOLM<\/span>, <span class=\"legendSpanClass\">June 30, 2026<\/span> \/PRNewswire\/ &#8212; Electrolux Group has\u00a0today\u00a0submitted\u00a0refund\u00a0claims\u00a0related to Phase 2.\u00a0As a\u00a0consequence,\u00a0a positive non-recurring item\u00a0(NRI)\u00a0of\u00a0approximately\u00a0USD\u00a061\u00a0million, related to 2025,\u00a0will be recognized\u00a0in\u00a0operating income in\u00a0Region North America\u00a0in the second quarter of 2026.\u00a0Also,\u00a0an\u00a0amount of\u00a0approximately\u00a0USD\u00a027\u00a0million\u00a0related to\u00a0the first quarter\u00a02026,\u00a0will be\u00a0recognized\u00a0as\u00a0part of\u00a0cost of\u00a0goods\u00a0sold\u00a0(COGS)\u00a0in Region North\u00a0America\u00a0in the second quarter\u00a02026.\u00a0<\/p>\n<p>The interim report for the\u00a0second\u00a0quarter 2026\u00a0will be published on\u00a0July\u00a029, 2026,\u00a0at\u00a0approximately\u00a007.00 CEST.\u00a0<\/p>\n<p><b>Supplement to the rights issue prospectus<\/b>\u00a0<br \/>As a consequence of this announcement, Electrolux Group will prepare and publish a supplement to the rights issue prospectus that was published on May 28, 2026. The prospectus supplement will be published as soon as it has been approved by the Swedish Financial Supervisory Authority (Sw.\u00a0<i>Finansinspektionen<\/i>).\u00a0<\/p>\n<p>This is information that AB Electrolux is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 29-06-2026 20:00 CET.<\/p>\n<p><b>CONTACT: <\/b><\/p>\n<p><b>For more information:<\/b><\/p>\n<p>Ann-Sofi J\u00f6nsson,\u00a0Head of Investor Relations &amp; Sustainability Reporting, <a href=\"mailto:ann-sofi.jonsson@electrolux.com\" target=\"_blank\" rel=\"nofollow\">ann-sofi.jonsson@electrolux.com<\/a>,\u00a0 +46\u00a073 025 1005<\/p>\n<p>Maria \u00c5kerhielm, Investor Relations Manager, <a href=\"mailto:maria.akerhielm@electrolux.com\" target=\"_blank\" rel=\"nofollow\">maria.akerhielm@electrolux.com<\/a>,\u00a0+46 70\u00a0796 3856<\/p>\n<p>Henry Sj\u00f6lin, Investor Relations Manager,\u00a0<a href=\"mailto:henry.sjolin@electrolux.com\" target=\"_blank\" rel=\"nofollow\">henry.sjolin@electrolux.com<\/a>,\u00a0+46 76 863 51 85<\/p>\n<p>This information was brought to you by Cision <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4721989-1&amp;h=2457602991&amp;u=http%3A%2F%2Fnews.cision.com%2F&amp;a=http%3A%2F%2Fnews.cision.com\" target=\"_blank\" rel=\"nofollow\">http:\/\/news.cision.com<\/a><\/p>\n<p><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4721989-1&amp;h=2282755360&amp;u=https%3A%2F%2Fnews.cision.com%2Felectrolux-group%2Fr%2Felectrolux-group-submits-claims-related-to-refund-of-ieepa-tariffs-of-approx--usd-88-million%2Cc4368840&amp;a=https%3A%2F%2Fnews.cision.com%2Felectrolux-group%2Fr%2Felectrolux-group-submits-claims-related-to-refund-of-ieepa-tariffs-of-approx--usd-88-million%2Cc4368840\" target=\"_blank\" rel=\"nofollow\">https:\/\/news.cision.com\/electrolux-group\/r\/electrolux-group-submits-claims-related-to-refund-of-ieepa-tariffs-of-approx&#8211;usd-88-million,c4368840<\/a><\/p>\n<p>The following files are available for download:<\/p>\n<div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\">\n<tbody>\n<tr>\n<td class=\"prngen1\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4721989-1&amp;h=2466061358&amp;u=https%3A%2F%2Fmb.cision.com%2FMain%2F1853%2F4368840%2F4172538.pdf&amp;a=https%3A%2F%2Fmb.cision.com%2FMain%2F1853%2F4368840%2F4172538.pdf\" target=\"_blank\" class=\"prnews_a\" rel=\"nofollow\">https:\/\/mb.cision.com\/Main\/1853\/4368840\/4172538.pdf<\/a><\/span><\/p>\n<\/td>\n<td class=\"prngen1\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Press release 2026-06-29 IEEPA tariffs refund (eng)<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p><b>The IEEPA<\/b>\u00a0<b>(International Emergency Economic Powers Act)<\/b>\u00a0<b>tariff program was introduced in February 2025 and expanded through April 2025. Following the<\/b>\u00a0<b>U.S<\/b>\u00a0<b>Supreme Court&#8217;s ruling in February 2026 that IEEPA does not grant authority to impose tariffs, the Court of International Trade ordered refunds for importers.<\/b>\u00a0<b>The<\/b>\u00a0<b>U.S. Customs and Border Protection<\/b>\u00a0<b>has since<\/b>\u00a0<b>implemented<\/b>\u00a0<b>a<\/b>\u00a0<b>refund process, administered through a dedicated system.<\/b>\u00a0<b>Phase 1<\/b>\u00a0<b>opened for refund claims on<\/b>\u00a0<b>April 20,<\/b>\u00a0<b>2026.<\/b>\u00a0<b>Phase 2,<\/b>\u00a0<b>which covers<\/b>\u00a0<b>the majority of<\/b>\u00a0<b>entries<\/b>\u00a0<b>relevant to<\/b>\u00a0<b>Electrolux<\/b>\u00a0<b>Group,<\/b>\u00a0<b>opened on June 29, 2026.<\/b>\u00a0<\/p>\n<p><span class=\"legendSpanClass\">STOCKHOLM<\/span>, <span class=\"legendSpanClass\">June 30, 2026<\/span> \/PRNewswire\/ &#8212; Electrolux Group has\u00a0today\u00a0submitted\u00a0refund\u00a0claims\u00a0related to Phase 2.\u00a0As a\u00a0consequence,\u00a0a positive non-recurring item\u00a0(NRI)\u00a0of\u00a0approximately\u00a0USD\u00a061\u00a0million, related to 2025,\u00a0will be recognized\u00a0in\u00a0operating income in\u00a0Region North America\u00a0in the second quarter of 2026.\u00a0Also,\u00a0an\u00a0amount of\u00a0approximately\u00a0USD\u00a027\u00a0million\u00a0related to\u00a0the first quarter\u00a02026,\u00a0will be\u00a0recognized\u00a0as\u00a0part of\u00a0cost of\u00a0goods\u00a0sold\u00a0(COGS)\u00a0in Region North\u00a0America\u00a0in the second quarter\u00a02026.\u00a0<\/p>\n<p>The interim report for the\u00a0second\u00a0quarter 2026\u00a0will be published on\u00a0July\u00a029, 2026,\u00a0at\u00a0approximately\u00a007.00 CEST.\u00a0<\/p>\n<p><b>Supplement to the rights issue prospectus<\/b>\u00a0<br \/>As a consequence of this announcement, Electrolux Group will prepare and publish a supplement to the rights issue prospectus that was published on May 28, 2026. The prospectus supplement will be published as soon as it has been approved by the Swedish Financial Supervisory Authority (Sw.\u00a0<i>Finansinspektionen<\/i>).\u00a0<\/p>\n<p>This is information that AB Electrolux is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 29-06-2026 20:00 CET.<\/p>\n<p><b>CONTACT: <\/b><\/p>\n<p><b>For more information:<\/b><\/p>\n<p>Ann-Sofi J\u00f6nsson,\u00a0Head of Investor Relations &amp; Sustainability Reporting, <a href=\"mailto:ann-sofi.jonsson@electrolux.com\" target=\"_blank\" rel=\"nofollow\">ann-sofi.jonsson@electrolux.com<\/a>,\u00a0 +46\u00a073 025 1005<\/p>\n<p>Maria \u00c5kerhielm, Investor Relations Manager, <a href=\"mailto:maria.akerhielm@electrolux.com\" target=\"_blank\" rel=\"nofollow\">maria.akerhielm@electrolux.com<\/a>,\u00a0+46 70\u00a0796 3856<\/p>\n<p>Henry Sj\u00f6lin, Investor Relations Manager,\u00a0<a href=\"mailto:henry.sjolin@electrolux.com\" target=\"_blank\" rel=\"nofollow\">henry.sjolin@electrolux.com<\/a>,\u00a0+46 76 863 51 85<\/p>\n<p>This information was brought to you by Cision <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4721989-1&amp;h=2457602991&amp;u=http%3A%2F%2Fnews.cision.com%2F&amp;a=http%3A%2F%2Fnews.cision.com\" target=\"_blank\" rel=\"nofollow\">http:\/\/news.cision.com<\/a><\/p>\n<p><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4721989-1&amp;h=2282755360&amp;u=https%3A%2F%2Fnews.cision.com%2Felectrolux-group%2Fr%2Felectrolux-group-submits-claims-related-to-refund-of-ieepa-tariffs-of-approx--usd-88-million%2Cc4368840&amp;a=https%3A%2F%2Fnews.cision.com%2Felectrolux-group%2Fr%2Felectrolux-group-submits-claims-related-to-refund-of-ieepa-tariffs-of-approx--usd-88-million%2Cc4368840\" target=\"_blank\" rel=\"nofollow\">https:\/\/news.cision.com\/electrolux-group\/r\/electrolux-group-submits-claims-related-to-refund-of-ieepa-tariffs-of-approx&#8211;usd-88-million,c4368840<\/a><\/p>\n<p>The following files are available for download:<\/p>\n<div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\">\n<tbody>\n<tr>\n<td class=\"prngen1\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4721989-1&amp;h=2466061358&amp;u=https%3A%2F%2Fmb.cision.com%2FMain%2F1853%2F4368840%2F4172538.pdf&amp;a=https%3A%2F%2Fmb.cision.com%2FMain%2F1853%2F4368840%2F4172538.pdf\" target=\"_blank\" class=\"prnews_a\" rel=\"nofollow\">https:\/\/mb.cision.com\/Main\/1853\/4368840\/4172538.pdf<\/a><\/span><\/p>\n<\/td>\n<td class=\"prngen1\" colspan=\"1\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\">Press release 2026-06-29 IEEPA tariffs refund (eng)<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-63513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/63513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63513"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/63513\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}