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...
Notice convening the extraordinary general meeting of AB Electrolux
The shareholders of AB Electrolux, reg. no. 556009-4178, are hereby given notice of the Extraordinary General Meeting to be held onTuesday, November 3, 2020 STOCKHOLM, Sept. 28, 2020 /PRNewswire/ -- Due to the coronavirus, the Board of Directors has decided that the Extraordinary General Meeting...
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...
Invitation to Electrolux Capital Markets Update 2020
STOCKHOLM , Sept. 21, 2020 /PRNewswire/ -- Electrolux has the pleasure of inviting investors, financial analysts and media representatives to its online Capital Markets UpdateNovember 17, 2020 at 15:00 - 17:00 CET. The event will be hosted byJonas Samuelson, President and CEO, together with Anna ...
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...
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...
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...
Prospectus for Electrolux Professional AB (publ) Published
STOCKHOLM, March 10, 2020 /PRNewswire/ -- AB Electrolux (publ) ("Electrolux") subsidiary, Electrolux Professional AB (publ) ("Electrolux Professional") has prepared a prospectus regarding the admission to trading of the company's shares of Series A and shares of Series B on Nasdaq Stockholm. Esti...
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...
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...
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...
