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...
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...
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...
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...
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...
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 ...
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 ...
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...
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...
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...
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 ...
Electrolux Kicks off 100 Year Anniversary Celebrations With Book About its History
STOCKHOLM, Feb. 15, 2019 /PRNewswire/ -- World-leading appliance manufacturer Electrolux, founded by Swedish entrepreneurAxel Wenner-Gren, is turning 100 this year. Kicking off the company's official anniversary celebrations, Electrolux is releasing a new book about its journey from start-up to a...
Electrolux Q4 2018 Interim Report: Good Progress in a Challenging Environment
STOCKHOLM, Feb. 1, 2019 /PRNewswire/ -- Highlights of the fourth quarter of 2018 * Net sales amounted to SEK 34,425m (32,580). Sales growth was 2.5%, driven by price increases and mix improvements across most business areas. * Operating income amounted to SEK 1,963m (2,065), corresponding to...
Electrolux Sharpens Organization to Drive Profitable Growth
STOCKHOLM, Feb. 1, 2019 /PRNewswire/ -- Electrolux today implements strategic and organizational changes to reinforce its ability to create outstanding consumer experiences and drive profitable growth in its consumer business. Electrolux is revising its business area structure to create four co...
Electrolux Prepares for Separation and Stock Exchange Listing of Professional Products Business Area
STOCKHOLM, Feb. 1, 2019 /PRNewswire/ -- AB Electrolux, a leading global company selling household and professional appliances, today announced that it is preparing for the separation of its Professional Products business area from the Group. The Electrolux Board of Directors has initiated work i...
Electrolux Makes Global 100 Ranking on Sustainability and CDP's Climate List
STOCKHOLM, Jan. 22, 2019 /PRNewswire/ -- Electrolux has today been recognized by two prestigious organizations as a global leader in corporate sustainability. The accolades include being on the Global 100 ranking of the world's most sustainable companies and, for the third year in a row, the CDP ...
French Antitrust Proceeding Concluded - Electrolux
STOCKHOLM, Dec. 6, 2018 /PRNewswire/ -- The French Competition Authority (FCA) has completed the previously communicated investigation regarding an alleged breach of antitrust rules in France by Electrolux and other appliance manufacturers during 2006 to 2009. The FCA has decided on a fine of ME...
Invitation to Electrolux Capital Markets Day 2019, March 27
STOCKHOLM, Nov. 28, 2018 /PRNewswire/ -- Electrolux has the pleasure of inviting investors, financial analysts and media representatives to its Capital Markets Day inItaly on March 27, 2019. The event will be hosted by Jonas Samuelson, President and CEO, together with parts of the management team...
Electrolux Tops New Swedish Sustainability Ranking
STOCKHOLM, Nov. 20, 2018 /PRNewswire/ -- Electrolux has today been named number 1 in the Swedish ranking Sustainable Companies 2018, in the category consumer goods, sharing the top spot with clothing retail company H&M. This new ranking, developed by the Swedish newspapers Dagens Industri and A...
Electrolux and Karma Introduce a Smart Fridge to Reduce Food Waste
STOCKHOLM, Nov. 6, 2018 /PRNewswire/ -- Electrolux, together with the startup Karma, introduces a smart refrigerator for grocery stores. The refrigerator, beta launched today, will be integrated with Karma's app and will contribute to the reduction of food waste by making it easier for supermar...
