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 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...
Invitation to Electrolux Q4 Presentation
STOCKHOLM, Jan. 14, 2019 Electrolux results for the fourth quarter of 2018 will be published onFebruary 1, 2019, at approximately 08.00 CET. A telephone conference will be held following the release of the results, starting at 09.00 CET. The conference will be chaired byJonas Samuelson, Preside...
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...
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...
Electrolux Q3 2018 Interim report: Price Increases in a Challenging Environment
STOCKHOLM, Oct. 26, 2018 /PRNewswire/ -- Highlights of the third quarter of 2018 * Net sales amounted to SEK 30,444m (29,042). Sales growth was 0.7%, mainly driven by price increases in several markets. * Operating income amounted to SEK 1,756m (1,981), corresponding to a margin of 5.8% (6....
Electrolux Comments on Impact From Development in Sears
STOCKHOLM, Oct. 15, 2018 /PRNewswire/ -- Electrolux today commented the announcement by Sears Holdings Corporation, a major US customer, that it has filed voluntary petitions for relief under Chapter 11 of the US Bankruptcy Code. Following today's announcement, Electrolux intends to work with Se...
Invitation to Electrolux Q3 Presentation
STOCKHOLM, Oct. 12, 2018 /PRNewswire/ -- Electrolux results for the third quarter of 2018 will be published on October 26, 2018, at approximately 08.00 CET. A telephone conference will be held following the release of the results, starting at 09.00 CET and continuing until 10.00 CET. The confe...
Electrolux Partners With Smart Kitchen Startup Drop
STOCKHOLM, Oct. 4, 2018 /PRNewswire/ -- Electrolux is partnering with Drop, a smart kitchen technology company, to further develop the smart kitchen ecosystem and create opportunities to enhance the taste experience for more consumers. Based on the partnership announced today, Electrolux busin...
Electrolux Strengthens Its Professional Beverage Offering by Acquiring SPM Drink Systems
STOCKHOLM, Oct. 2, 2018 /PRNewswire/ -- Electrolux today announced it has acquired SPM Drink Systems, an Italian leading manufacturer of professional dispensers of frozen and hot beverages and soft ice-cream, as part of the strategy to increase its presence in the hospitality industry. The exten...
Nomination Committee Appointed for Electrolux Annual General Meeting 2019
STOCKHOLM, Sept. 26, 2018 /PRNewswire/ -- The members of the Nomination Committee for Electrolux Annual General Meeting in 2019 have now been appointed. In accordance with decision by the Annual General Meeting, Electrolux Nomination Committee shall consist of six members. The Nomination Committe...
Electrolux Retains Position as Industry Leader in Dow Jones Sustainability Indices
STOCKHOLM, Sept. 13, 2018 /PRNewswire/ -- Electrolux has been named Industry Leader in the Household Durables category in the Dow Jones Sustainability World Index (DJSI World). It is the twelfth consecutive year that Electrolux receives this recognition in the assessment, which is published by ...
Electrolux Expands Smart Appliances Collaboration with Google
STOCKHOLM, Aug. 30, 2018 /PRNewswire/ -- Electrolux is expanding its collaboration with Google by integrating connected kitchen products inEurope with the Google Assistant, enabling consumers to control products using voice commands. The voice integration will start with Electrolux smart ovens in...
Electrolux Showcases Innovative Home Solutions at IFA 2018
STOCKHOLM, Aug. 29, 2018 /PRNewswire/ -- Electrolux demonstrates the latest innovations within the home at IFA 2018, one of the world's biggest fairs within consumer electronics taking place inBerlin, Germany on August 31 to September 5. Electrolux will highlight new smart solutions within the ki...
Electrolux Launches Groundbreaking Cordless Vacuum Cleaner
STOCKHOLM, Aug. 21, 2018 /PRNewswire/ -- Electrolux is launching a cordless vacuum cleaner that reinvents the way we vacuum our homes. Hitting stores in September, the groundbreaking Electrolux Pure F9 uses powerful battery technology and innovative design solutions to provide consumers with a pr...
Management Changes in AB Electrolux
STOCKHOLM, Aug. 16, 2018 /PRNewswire/ -- Electrolux today announced changes in the Group Management team and a revision of part of the business area organizational structure: * Kenneth L. Ng, currently Head of Major Appliances APAC and Executive Vice President of AB Electrolux, has decided to ...
Electrolux Invests in and Partners With Food Waste Startup Karma
STOCKHOLM, Aug. 15, 2018 /PRNewswire/ -- Electrolux today announced it is investing inSweden-based Karma, a leading startup that helps restaurants and supermarkets reduce food waste by selling unsold food to consumers. The investment is part of a widerUSD 12 million round with other investors. E...
Electrolux Divests BEAM and Sanitaire in North America
STOCKHOLM, Aug. 8, 2018 /PRNewswire/ -- Electrolux announced today it has divested its U.S.-based commercial and central vacuum cleaner businesses in North America, including the brands Sanitaire and BEAM. The decision is in line with the strategy of the business area Home Care & SDA to focus on g...
