RICS:ELUXA.ST

Bulletin from the Annual General Meeting of AB Electrolux

The Annual General Meeting of AB Electrolux was held in Stockholm on March 27, 2024. STOCKHOLM, March 28, 2024 /PRNewswire/ -- Shareholders and others had the opportunity to follow the Annual General Meeting live via Electrolux Group's website. A recording from the Annual General Meeting of the ...

2024-03-28 01:45 940

Electrolux Group publishes restated figures for the new business area structure

STOCKHOLM, March 19, 2024 /PRNewswire/ -- As previously announced, Electrolux Group has reorganized into three regional business areas as of 1 January 2024. To enable comparisons with future financial reporting, restated historical figures for the combined business areaEurope, Asia-Pacific, Middl...

2024-03-19 15:20 1180

AB Electrolux publishes 2023 Annual Report

STOCKHOLM, Feb. 22, 2024 /PRNewswire/ -- AB Electrolux Annual Report for 2023 has been published on the Group's website as of today. The Annual Report in Swedish as well as an English translation are available on www.electroluxgroup.com in pdf-format. The Swedish Annual Report is also available ...

2024-02-22 15:17 1890

Notice convening the Annual General Meeting of AB Electrolux

STOCKHOLM, Feb. 16, 2024 /PRNewswire/ -- The shareholders of AB Electrolux, reg. no. 556009-4178 (the Company), are hereby given notice of the Annual General Meeting to be held onWednesday, March 27, 2024, at 4.00 p.m. (CET) at Nalen, Regeringsgatan 74 inStockholm, Sweden. Admission and registrat...

2024-02-16 16:19 1687

CDP awards Electrolux Group ''A'' for climate leadership

Electrolux Group has once again been recognized for its leadership in corporate transparency and performance on climate change by global environment non-profit CDP, achieving an "A" score.  STOCKHOLM, Feb. 6, 2024 /PRNewswire/ -- Electrolux Group is one of a small number of companies that achiev...

2024-02-06 15:25 1258

Electrolux Group Year-end report Q4 2023

STOCKHOLM, Feb. 2, 2024 /PRNewswire/ -- Highlights of the full-year of 2023 * In full-year 2023, net sales were SEK 134,451m (134,880) and operating income excl. non-recurring items wasSEK 414m (831). Earnings declined mainly due to lower volumes following the weaker market demand as well as i...

2024-02-02 15:32 1522

Geert Follens, Daniel Nodhäll and Michael Rauterkus proposed as new Board members of AB Electrolux

STOCKHOLM, Jan. 25, 2024 /PRNewswire/ -- The Nomination Committee of AB Electrolux proposes election ofGeert Follens, Daniel Nodhäll and Michael Rauterkus as new members of the Board of Directors at the Annual General Meeting of AB Electrolux onMarch 27, 2024. The Nomination Committee further pr...

2024-01-25 15:50 1310

Invitation to Electrolux Group Q4 presentation

STOCKHOLM, Jan. 18, 2024 /PRNewswire/ -- Electrolux Group results for the fourth quarter of 2023 will be published onFebruary 2, 2024, at approx. 08.00 CET. A telephone conference will be held following the release of the results, starting at 09.00 CET. Jonas Samuelson, President and CEO, and T...

2024-01-18 15:30 1160

Electrolux Group reports loss in the fourth quarter - driven by North America

STOCKHOLM, Jan. 12, 2024 /PRNewswire/ -- Electrolux Group announced today that operating income, excluding non-recurring items, in the fourth quarter of 2023 is estimated to be approx.SEK -0.7bn (-0.6). The underlying loss in business areaNorth America is estimated at approx. SEK -1.4bn (-1.2), d...

2024-01-12 23:39 2008

Electrolux Group announces its second science-based climate target

STOCKHOLM, Jan. 11, 2024 /PRNewswire/ -- Electrolux Group announces today that it has set a new science-based climate target to reduce greenhouse gas emissions in products and operations in support of theParis climate agreement. The new target comes after the Group achieved its previous science-b...

2024-01-11 15:55 1476

Electrolux Group has completed Memphis factory divestment

STOCKHOLM, Dec. 22, 2023 /PRNewswire/ -- Electrolux Group has divested its factory inMemphis, Tennessee, USA, for a cash consideration of USD 35m (approx. SEK 350m). The gain of approximately USD 25m (approx. SEK 250m) from the divestment will be recorded as a non-recurring item, positively impa...

2023-12-22 23:47 1979

Electrolux Group Q3 2023 Interim report

STOCKHOLM, Oct. 27, 2023 /PRNewswire/ -- Highlights of the third quarter of 2023            * Net sales amounted to SEK 33,427m (35,244). The organic sales decline of 7.9% was mainly driven by continued weak market demand and consumers shifting to lower price points. Mix was positive, supporte...

2023-10-27 14:37 1544

Electrolux Group steps-up cost reductions and organizational simplifications

STOCKHOLM, Oct. 27, 2023 /PRNewswire/ -- Against the background of continued weak consumer demand and competitive pressure in the market, Electrolux Group is stepping up its cost reduction efforts to restore margins. The actions are expected to result in net cost savings ofSEK 10-11bn in 2024 vs ...

2023-10-27 14:27 1554

Torbjörn Lööf proposed as new Chairman of AB Electrolux

The Nomination Committee of AB Electrolux proposes that Torbjörn Lööf is elected as new Chairman of the Board of AB Electrolux at the Annual General Meeting 2024. STOCKHOLM, Oct. 26, 2023 /PRNewswire/ -- As previously communicated, Staffan Bohman has announced that he will not be available for r...

2023-10-26 01:31 1514

Invitation to Electrolux Group Q3 presentation

STOCKHOLM, Oct. 12, 2023 /PRNewswire/ -- Electrolux Group results for the third quarter of 2023 will be published onOctober 27, 2023, at approx. 08.00 CEST. A telephone conference will be held following the release of the results, starting at 09.00 CEST. Jonas Samuelson, President and CEO, There...

2023-10-12 14:28 1312

AB Electrolux Chairman Staffan Bohman declines re-election

STOCKHOLM, Oct. 5, 2023 /PRNewswire/ -- Staffan Bohman has today notified the AB Electrolux Nomination Committee that he will not be available for re-election as Chairman of the Board of AB Electrolux at the Annual General Meeting in 2024. Staffan Bohman has been Chairman since 2018. He is also ...

2023-10-05 21:30 2332

Conversion of shares in AB Electrolux

STOCKHOLM, Sept. 30, 2023 /PRNewswire/ -- According to AB Electrolux articles of association, owners of Series A shares are entitled to request that such shares are converted to Series B shares. Conversion reduces the total number of votes in the company. During September 2023, 364 Series A shar...

2023-09-30 01:32 3505

Electrolux Group to divest Memphis factory

STOCKHOLM, Sept. 21, 2023 /PRNewswire/ -- Electrolux Group has agreed to divest its manufacturing facility inMemphis, Tennessee, USA to a US-based investment company for a cash consideration ofUSD 61m (approx. SEK 675m). The agreed divestment follows a previous agreement with another buyer which...

2023-09-21 15:04 1338

Electrolux Group divests Nyíregyháza factory in Hungary to Qvantum

STOCKHOLM, Sept. 15, 2023 /PRNewswire/ -- Electrolux Group has divested its manufacturing facility in Nyíregyháza,Hungary to Swedish heat pump manufacturer Qvantum for a cash consideration ofEUR 38m (approx. SEK 455m). The approximate gain of EUR 25m (approx. SEK 300m) will be recorded as a non-...

2023-09-15 20:39 1722

Nomination Committee appointed for AB Electrolux Annual General Meeting 2024

The members of the Nomination Committee for AB Electrolux Annual General Meeting in 2024 have now been appointed. STOCKHOLM, Sept. 14, 2023 /PRNewswire/ -- In accordance with decision by the Annual General Meeting, AB Electrolux Nomination Committee shall consist of six members. The Nomination C...

2023-09-14 14:34 1470
12345 ... 13

Week's Top Stories