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...
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...
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...
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 ...
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 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...
