Bloomberg:ELUXA@SS

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...

2020-07-17 14:34 10741

AB Electrolux to Report Smaller Q2 Loss than Previously Anticipated, and Sales Growth in June

STOCKHOLM, July 8, 2020 /PRNewswire/ -- Electrolux said today it will report a smaller loss for the second quarter of 2020 than previously anticipated, with operating income estimated to be approximatelySEK -100 million (1,219). This was driven by sales growth in June and successful cost mitigati...

2020-07-08 02:57 1073

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...

2020-07-03 16:16 6633

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 ...

2020-06-05 15:03 4791

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...

2020-05-07 14:59 5285

Distribution and Listing of Electrolux Professional AB (publ)

STOCKHOLM, March 9, 2020 /PRNewswire/ -- On February 21, 2020 the Extraordinary General Meeting of AB Electrolux (publ) ("Electrolux") decided to distribute all shares in the wholly-owned subsidiary Electrolux Professional AB (publ) ("Electrolux Professional") to the shareholders of Electrolux. T...

2020-03-09 15:30 7410

Invitation to Investor Day With Electrolux Professional

STOCKHOLM, Feb. 21, 2020 /PRNewswire/ -- Electrolux has the pleasure of inviting investors, financial analysts and media representatives to an Investor Day hosted by Electrolux Professional inStockholm on March 11, 2020. The event will be hosted byAlberto Zanata, President and CEO of Electrolux P...

2020-02-21 17:51 5946

Electrolux Q4 Interim Report 2019: Intense Transformation Phase

STOCKHOLM, Jan. 31, 2020 /PRNewswire/ -- Highlights of the fourth quarter of 2019             * Net sales for continuing operations, excluding Electrolux Professional, amounted toSEK 32,011m (32,021). Sales growth was -2,8%, mainly due to lower volumes inNorth America related to both consolid...

2020-01-31 18:25 13126

Notice Convening the Extraordinary General Meeting of AB Electrolux

STOCKHOLM, Jan. 20, 2020 /PRNewswire/ -- The shareholders of AB Electrolux, reg. no. 556009-4178, are invited to participate in the Extraordinary General Meeting to be held onFriday, February 21, 2020 at 9 a.m. at AB Electrolux Headquarters, the Axel Wennergren hall, S:t Goransgatan 143,Stockholm...

2020-01-20 15:43 7190

Electrolux Issues Bond Loans

STOCKHOLM, Nov. 19, 2019 /PRNewswire/ -- Electrolux today issued two bond loans in the aggregate amount ofSEK 1.5 billion under its EMTN (Euro Medium Term Note) program. Two bond loans are issued on November 19, 2019 with maturity on November 19, 2024 and each in the amount of SEK 750 million. O...

2019-11-19 15:43 2004

Electrolux Q3 Interim Report 2019: Further Strengthening Innovation and Efficiency

STOCKHOLM, Oct. 25, 2019 /PRNewswire/ -- Highlights of the third quarter of 2019 * Net sales amounted to SEK 32,520m (30,444). Sales growth of 1.0%, driven by price/mix improvements. * Operating income amounted to SEK 1,189m (1,756), corresponding to a margin of 3.7% (5.8). * Operating inco...

2019-10-25 14:43 4694

Electrolux Announces Global Streamlining Measures and Hungarian Manufacturing Investment

STOCKHOLM, Sept. 10, 2019 /PRNewswire/ --  Following a strategic overview started earlier this year, Electrolux today decided to initiate a plan to improve efficiency throughout the Group. The company today also announced a plan to outsource parts of its current manufacturing inHungary and invest...

2019-09-10 17:24 11612

Electrolux Q2 Interim Report 2019: Good Price Momentum and Focus on Innovation

STOCKHOLM, July 18, 2019 /PRNewswire/ -- Highlights of the second quarter of 2019 * Net sales amounted to SEK 31,687m (31,354). Sales decline of 2.7%, driven by lower volumes. * Operating income amounted to SEK 1,619m (827), corresponding to a margin of 5.1% (2.6). The comparison period inc...

2019-07-18 15:32 6990

Invitation to Electrolux Q2 Presentation

STOCKHOLM, July 5, 2019 /PRNewswire/ -- Electrolux results for the second quarter of 2019 will be published onJuly 18, 2019, 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...

2019-07-05 15:47 2075

Electrolux Q1 2019 Interim Report: Price Increases Offsetting Headwinds

STOCKHOLM, April 26, 2019 /PRNewswire/ -- Highlights of the first quarter of 2019 *  Net sales amounted to SEK 29,710m (27,906). Sales growth was 1.6%, driven by price increases and mix improvements across all business areas. *  Operating income amounted to SEK 248m (764), corresponding to a ...

2019-04-26 14:46 3773

Bulletin From AB Electrolux Annual General Meeting 2019

STOCKHOLM, April 11, 2019 /PRNewswire/ -- The Annual General Meeting of AB Electrolux was held onWednesday, April 10, 2019 in Stockholm, Sweden. Staffan Bohman, Petra Hedengran, Hasse Johansson, Ulla Litzén, Fredrik Persson ,David Porter, Jonas Samuelson, Ulrika Saxon and Kai Wärn were re-elected ...

2019-04-11 15:47 5864

Well Positioned to Create Value - Electrolux Capital Markets Day 2019

STOCKHOLM, March 27, 2019 /PRNewswire/ -- Electrolux today holds a Capital Markets Day at the headquarters of its Professional Products business area in Pordenone,Italy. Presentations by senior management will showcase how Electrolux consumer business is well positioned to create value by acceler...

2019-03-27 14:28 4363

Electrolux Launches a Green Bond Framework to Fund Climate Investments and Other Environmental Initiatives

STOCKHOLM, March 12, 2019 /PRNewswire/ -- AB Electrolux today introduces a green bond framework with an intention to raise funds earmarked for investments contributing to reduced environmental impacts from the company's products and operations. The initiative is designed to enable debt market inv...

2019-03-12 18:14 5269

Notice Convening the Annual General Meeting of AB Electrolux

STOCKHOLM, March 4, 2019 /PRNewswire/ -- The shareholders of AB Electrolux, reg. no. 556009-4178, are invited to participate in the Annual General Meeting to be held onWednesday, April 10, 2019 at 5 p.m. at Stockholm Waterfront Congress Centre, Nils Ericsons plan 4,Stockholm, Sweden. Registratio...

2019-03-04 15:54 7219

Electrolux Publishes 2018 Annual Report with Digital-first Approach

STOCKHOLM, Feb. 27, 2019 /PRNewswire/ -- Electrolux Annual Report for 2018 has been published on the Group's website as of today. This year's reporting consists of a comprehensive online version with rich digital content, connecting strategy with execution, and a shorter print/pdf Annual Report ...

2019-02-27 21:50 5136