Electrolux Strengthens Professional Offering of Beverage Products by Acquiring Grindmaster-Cecilware
STOCKHOLM, Mar 02, 2017 /PRNewswire/ -- Electrolux today announced it has acquired Grindmaster-Cecilware, a leading U.S. based manufacturer of hot, cold and frozen beverage dispensing equipment, including coffee machines. The acquisition broadens Electrolux offering in its food service business a...
Electrolux Annual Report 2016 is Published
STOCKHOLM, Feb. 28, 2017 /PRNewswire/ -- The Annual Report describes Electrolux
operations, strategy and financial development and is available on
www.electroluxgroup.com/annualreport2016
Kai Warn Proposed new Board Member of AB Electrolux
STOCKHOLM, Feb. 10, 2017 /PRNewswire/ -- In preparation for the Electrolux Annual General Meeting onMarch 23, the Electrolux Nomination Committee proposes the election of Kai Warn as new Board Member. The committee also proposes re-election of all current Board Members; Ronnie Leten (Chairman),Pe...
Electrolux to Acquire Fast-growing Smart Kitchen Appliance Company Anova
STOCKHOLM, Feb. 6, 2017 /PRNewswire/ -- Electrolux today announced it has agreed to acquire Anova, the U.S. based provider of the Anova Precision Cooker, an innovative connected device for sous vide cooking that enables restaurant-quality results in the home. The acquisition provides a signifi...
Electrolux Consolidated Results 2016
STOCKHOLM, Feb. 1, 2017 /PRNewswire/ -- Highlights of the fourth quarter of 2016 * Net sales amounted to SEK 32,144m (31,794). * Sales increased by 1%. Organic sales declined by 3%, while currency translation had a positive impact of 4% on net sales. * Operating income improved to SEK 1,616...
President and CEO Jonas Samuelson's Comments on the Results for the Fourth Quarter 2016
Good Earnings Trend in the Quarter STOCKHOLM, Feb. 1, 2017 /PRNewswire/ -- Electrolux operating income for the fourth quarter improved toSEK 1.6 billion, corresponding to a margin of 5.0% (4.6% in 2015, excluding costs for GE Appliances). The development was positive across most business areas. ...
Electrolux Appoints Ricardo Cons as Head of Major Appliances Latin America
Electrolux has Appointed Ricardo Cons as Head of Major Appliances Latin America, and Executive Vice President of AB Electrolux, Effective Immediately. STOCKHOLM, Feb. 1, 2017 /PRNewswire/ -- Ricardo Cons has been interim head of the business area sinceOctober 1, 2016, replacing Ruy Hirschheimer w...
Invitation to Electrolux Q4 Presentation
STOCKHOLM, Sweden, Jan. 18, 2017 /PRNewswire/ -- Electrolux results for the fourth quarter of 2016 will be published onFebruary 1, 2017, 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...
Electrolux Expectations for 2017
STOCKHOLM, Sweden, Dec 9, 2016 /PRNewswire/ -- During 2017, Electrolux will continue to focus on innovative product launches delivering great consumer experiences, in combination with a strong emphasis on cost efficiencies. Market demand in Electrolux largest markets,Europe and North America, is ...
