Electrolux reports progress on new sustainability strategy and includes climate reduction incentive program for top managers
STOCKHOLM, March 29, 2021 /PRNewswire/ -- Electrolux publishes its 2020 Sustainability Report today. The report highlights include a 70% reduction in emissions since 2015 and an innovative climate reduction element to its long-term incentive program for top managers. The report covers the comp...
Webcast with Electrolux Chairman and CEO ahead of AGM
STOCKHOLM, March 19, 2021 /PRNewswire/ -- A webcast ahead of the Annual General Meeting with Electrolux Chairman and CEO is now available on www.electroluxgroup.com. As previously communicated, the Annual General Meeting on March 25, 2021 will due to the coronavirus pandemic be held without physi...
Electrolux Q4 2020 Interim report: Innovation and consumer demand drive strong results
STOCKHOLM, Feb. 2, 2021 /PRNewswire/ -- Highlights of the fourth quarter of 2020 * Net sales amounted to SEK 33,902m (32,011). Organic sales increased by 17.5%, benefitting from continued high levels of home-improvement spending as well as positive mix and price development. * Operating inco...
CDP recognizes Electrolux climate and water action with double "A" score
STOCKHOLM, Dec. 8, 2020 /PRNewswire/ -- Electrolux has been recognized for its sustainability leadership with a prestigious double "A" score by the global non-profit CDP. Electrolux is one of few companies to receive top marks both for its efforts to tackle climate change and acting to protect wa...
Electrolux presents vacuum cleaner made of 100% recycled and reused materials
STOCKHOLM, Oct. 15, 2020 /PRNewswire/ -- Electrolux takes a new important step on the journey towards circularity with a prototype for change. Together with Stena Recycling, Electrolux has developed a vacuum cleaner made of 100 percent recycled and reused materials. The plastic and components ori...
Invitation to Electrolux Q3 presentation
STOCKHOLM, Oct. 9, 2020 /PRNewswire/ -- Electrolux results for the third quarter of 2020 will be published onOctober 23, 2020, at approximately 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 Theres...
AB Electrolux to propose reinstated dividend based on recovery in earnings and cash flow
STOCKHOLM, Sept. 25, 2020 /PRNewswire/ -- After assessing the company's financial position and the impact of the coronavirus pandemic, the Board of Directors of AB Electrolux has decided to propose a dividend ofSEK 7 per share for the fiscal year 2019. Electrolux has seen a substantial recovery i...
Nomination Committee appointed for Electrolux Annual General Meeting 2021
- The members of the Nomination Committee for Electrolux Annual General Meeting in 2021 have now been appointed STOCKHOLM, Sept. 22, 2020 /PRNewswire/ -- In accordance with decision by the Annual General Meeting, Electrolux Nomination Committee shall consist of six members. The Nomination Commit...
Electrolux names Carsten Franke new Group COO
STOCKHOLM, Sept. 16, 2020 /PRNewswire/ -- AB Electrolux has appointed Carsten Franke as new Chief Operations Officer (COO) and Executive Vice President. Heading the Group's Global Operations function, he will be responsible for pursuing efficiencies of scale and digitalization throughout the valu...
Management change in AB Electrolux
STOCKHOLM, Aug. 18, 2020 /PRNewswire/ -- Electrolux today announced that Jan Brockmann, Chief Operations Officer and Executive Vice President of AB Electrolux, has decided to resign from his position to pursue an external opportunity. Jan Brockmann will remain with the company until September 30...
Electrolux Q2 Interim Report 2020: Navigating Through Challenging Market With Reinforced Strategy
STOCKHOLM, July 17, 2020 /PRNewswire/ -- The comments and figures in this report refer to continuing operations unless otherwise stated Highlights of the second quarter of 2020 * Net sales amounted to SEK 23,476m (29,232). Organic sales declined by 16.6%, due to lower volumes. The development...
Invitation to Electrolux Q2 Presentation
STOCKHOLM, July 3, 2020 /PRNewswire/ -- Electrolux results for the second quarter of 2020 will be published onJuly 17, 2020, at approximately 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 Therese F...
From Dustbags to Respiratory Protection in Electrolux Swedish Factory
STOCKHOLM, June 23, 2020 /PRNewswire/ -- The ongoing corona pandemic has created great global demand for respiratory protection. Electrolux's factory in Sweden, which manufactures vacuum cleaner bags, is now quickly switching parts of its operations to be able to produce at least one million face ...
Electrolux Takes Action to Reduce Emissions From Cooling Products
STOCKHOLM, June 5, 2020 /PRNewswire/ -- Electrolux today announces a plan to replace all high-impact greenhouse gases in all of its appliances by 2023 at the latest, as part of its commitments to the United Nations global Cool Coalition initiative. The plan, which helps Electrolux deliver on its ...
Electrolux Q1 Interim Report 2020: Proactive Cost Actions and Strengthened Liquidity
STOCKHOLM, May 7, 2020 /PRNewswire/ -- The comments and figures in this report refer to continuing operations unless otherwise stated Highlights of the first quarter of 2020 * Net sales declined to SEK 26,578m (27,408). Sales growth was -5.1%, due to lower volumes. The development o...
Invitation to Electrolux Q1 Presentation
STOCKHOLM, April 23, 2020 /PRNewswire/ -- Electrolux results for the first quarter of 2020 will be published onMay 7, 2020, at approximately 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 Therese Fr...
Electrolux Highlights Lower Emissions and Introduces New Framework in 2019 Sustainability Report
STOCKHOLM, April 2, 2020 /PRNewswire/ -- Electrolux, a sustainability leader in the appliance industry, reports a 75% reduction in CO2 emissions from its operations since 2005. To reflect the Group's new commitment to become climate neutral across the supply chain by 2050, and its increasingly ho...
AB Electrolux Updates Expected Impact From the Coronavirus and Cancels Dividend
STOCKHOLM, March 23, 2020 /PRNewswire/ -- The rapidly developing situation related to the coronavirus has reinforced Electrolux view of the consequences, with the conclusion that there will be a material financial impact in 2020. The company said it is taking mitigating actions to protect earning...
Management Change in AB Electrolux
STOCKHOLM, March 16, 2020 /PRNewswire/ -- Electrolux today announced it has with immediate effect appointedAdam Cich as new head of the business area Asia-Pacific, Middle East and Africa and Executive Vice President. Adam Cich succeeds Dan Arler who, following a period of medical leave, is now t...
Electrolux Provides Update on Developments Related to the Coronavirus
STOCKHOLM, March 16, 2020 /PRNewswire/ -- Electrolux today provided an update on potential effects and measures taken related to the global spread of the novel coronavirus. The company believes there is a considerable risk of a material financial impact during the first half of 2020. In the four...
