Electrolux Launches its First Open Innovation Factory
STOCKHOLM, April 10, 2018 /PRNewswire/ -- Electrolux today announced the creation of Electrolux Innovation Factory, an inspirational and collaborative space which will serve as the Group's hub for innovation with external partners. The initiative will accelerate innovation in manufacturing proces...
Electrolux Provides Update on U.S. Antidumping Review; Intends to Contest Decision
STOCKHOLM, March 14, 2018 /PRNewswire/ -- Electrolux Major Appliances North America has been informed by the U.S. Department of Commerce (DOC) that it has set a final tariff rate of 72.41% on its washing machines imported into the U.S. fromMexico between February 2016 and January 2017. As previou...
Electrolux and Midea Launch AEG Brand in China
STOCKHOLM, March 9, 2018 /PRNewswire/ -- Electrolux Group, a world-leading home appliances company, has entered into a joint venture with Midea Group,China's leading smart technology company, to introduce the premium AEG brand to Chinese consumers. The brand was officially launched at the Applian...
Electrolux to Acquire German Company in Professional Laundry
STOCKHOLM, Jan. 22, 2018 /PRNewswire/ -- Electrolux today announced it has agreed to acquire Schneidereit GmbH, a supplier of laundry rental solutions for professional customers inGermany and Austria. Schneidereit GmbH solutions allow customers a carefree experience by supporting the product thr...
Invitation to Electrolux Q4 Presentation
STOCKHOLM, Jan. 18, 2018 /PRNewswire/ --Electrolux results for the fourth quarter of 2017 will be published onJanuary 31, 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 conferen...
Electrolux Capital Markets Day 2017
STOCKHOLM, Nov. 16, 2017 /PRNewswire/ -- At Electrolux Capital Markets Day in Stockholm today, CEO Jonas Samuelson and other senior executives of the company will provide an update on Electrolux strategy and business performance as well as an overview of the current market environment and general...
Electrolux Acquires Continental Brand in Latin America
STOCKHOLM, Oct. 23, 2017 /PRNewswire/ -- Electrolux today announced that the Brazilian court administering the bankruptcy ofMabe Brazil has accepted a BRL 70 million (SEK 178 million) bid to acquire the intellectual property assets of the estate. Electrolux will consequently take over the rights ...
Ronnie Leten to Resign as Member and Chairman of the Electrolux Board
STOCKHOLM, Oct. 9, 2017 /PRNewswire/ -- Ronnie Leten today informed Electrolux Nomination Committee that he will resign as member and Chairman of the Electrolux Board as from the Annual General Meeting onApril 5, 2018. Ronnie Leten was elected as a Board member 2012 and has held the position as ...
Electrolux Retains Industry Leadership in Dow Jones Sustainability Indices
STOCKHOLM, Sept. 8, 2017 /PRNewswire/ -- Electrolux has been named Industry Leader of the Household Durables category in the Dow Jones Sustainability World Index (DJSI World). It is the eleventh consecutive year that Electrolux receives this recognition in the assessment, which is published by Ro...
Electrolux Launches Game-changing Robotic Vacuum Cleaner
STOCKHOLM, Aug 31, 2017 /PRNewswire/ --Today Electrolux introduces a robotic vacuum cleaner with a revolutionary design and game-changing technology that takes the quality of autonomous cleaning to a new level. Presented inStockholm and at the IFA trade show inBerlin, the product will be launched...
Electrolux Partners With Sustainability Festival - The Stockholm Act
STOCKHOLM, Aug. 18, 2017 /PRNewswire/ -- Electrolux is proud to be a
contributing partner of the inauguralThe Stockholm Act
Electrolux President and CEO Jonas Samuelson's Comments on the Results for the Second Quarter 2017
STOCKHOLM, July 19, 2017 /PRNewswire/ -- During the second quarter Electrolux improved its operating income by close to 25%, achieving an operating margin of 6.2%. Profitability increased in most of our business areas. This was driven by continued focus on improving product mix through active por...
Electrolux Interim Report January - June 2017
STOCKHOLM, July 19, 2017 /PRNewswire/ -- Highlights of the second quarter of 2017 * Net sales increased by 5.1% to SEK 31,502m (29,983). * Organic sales were unchanged, contribution from acquisitions and divestments was 1.2% while currency translation had a positive impact of 3.9% on net sal...
Electrolux to Acquire European Kitchen Hoods Company Best
STOCKHOLM, July 7, 2017 /PRNewswire/ -- Electrolux today announced it has agreed to acquire Best, a European manufacturer of innovative and well-designed kitchen hoods. The acquisition enables Electrolux to develop a fully comprehensive offering of built-in cooking solutions and will further supp...
Electrolux Capital Markets Day on November 16, 2017
STOCKHOLM, April 28, 2017 /PRNewswire/ -- Save the date for Electrolux Capital Markets Day onNovember 16, 2017. The event will be hosted at Electrolux headquarters inStockholm, Sweden. The Capital Markets Day will provide investors, analysts and financial media a strategic review and update on t...
Electrolux President and CEO Jonas Samuelson's Comments on the Results for the First Quarter 2017
STOCKHOLM, April 28, 2017 /PRNewswire/ -- Electrolux operating income for the first quarter increased toSEK 1,536m, an improvement of 21% compared to the same period last year. The operating margin increased to 5.3% from 4.5% and results improved across all business areas. Our operations in Major...
