Electrolux Celebrates 100-year Anniversary With Action Plan for Sustainable Living and Funding for Food Foundation
STOCKHOLM, Aug. 29, 2019 /PRNewswire/ -- Sweden's Electrolux today introduced the Better Living Program, a plan to enable better and more sustainable living for consumers around the world through 2030. With bold targets focusing on better eating, better garment care and a better home environment,...
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...
Electrolux to Invest EUR 130 Million in Italian Refrigeration Facility
STOCKHOLM, July 3, 2019 /PRNewswire/ -- The Electrolux Group today announced it will invest approximately MEUR 130 million in automation, digitalization and innovation at its manufacturing facility in Susegana,Italy. The investment is part of Electrolux previously communicated manufacturing inve...
Electrolux Q1 2019 Interim Report: Price Increases Offsetting Headwinds
STOCKHOLM, April 26, 2019 /PRNewswire/ -- Highlights of the first quarter of 2019 * Net sales amounted to SEK 29,710m (27,906). Sales growth was 1.6%, driven by price increases and mix improvements across all business areas. * Operating income amounted to SEK 248m (764), corresponding to a ...
Electrolux Strengthens its Professional Beverage Offering by Acquiring UNIC in France
STOCKHOLM, April 25, 2019 /PRNewswire/ -- Electrolux business area Professional Products today announced it has acquired UNIC S.A.S., a French manufacturer of professional espresso machines. The acquisition complements the Electrolux offering of products for beverage service and further develops ...
Invitation to Electrolux Q1 Presentation
STOCKHOLM, April 11, 2019 /PRNewswire/ -- Electrolux results for the first quarter of 2019 will be published onApril 26, 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 Theres...
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 ...
Well Positioned to Create Value - Electrolux Capital Markets Day 2019
STOCKHOLM, March 27, 2019 /PRNewswire/ -- Electrolux today holds a Capital Markets Day at the headquarters of its Professional Products business area in Pordenone,Italy. Presentations by senior management will showcase how Electrolux consumer business is well positioned to create value by acceler...
Electrolux Issues SEK 1 Billion Green Bond
STOCKHOLM, March 25, 2019 /PRNewswire/ -- Electrolux is issuing the first bond loan within its green bond framework, raisingSEK 1 billion to fund investments and other projects with environmental benefits. The bond is being issued under Electrolux existing EMTN (Euro Medium Term Note) program a...
Electrolux Highlights Lower Emissions and Investments for Improved Climate Impact in 2018 Sustainability Report
STOCKHOLM, March 25, 2019 /PRNewswire/ -- Electrolux, the appliance industry sustainability leader, today reported a 66% reduction in CO2 emissions from its operations since 2005, and highlighted how significant investments at manufacturing sites and in new product platforms will make a major con...
Electrolux to Launch a New Intuitive Kitchen Range Across Europe
STOCKHOLM, March 20, 2019 /PRNewswire/ -- Electrolux today announces the launch of a brand new kitchen range to be rolled out acrossEurope. Combining technology with human-centric Scandinavian design, it takes the cooking experience to a whole new level for the consumer. The company has develope...
Electrolux Launches a Green Bond Framework to Fund Climate Investments and Other Environmental Initiatives
STOCKHOLM, March 12, 2019 /PRNewswire/ -- AB Electrolux today introduces a green bond framework with an intention to raise funds earmarked for investments contributing to reduced environmental impacts from the company's products and operations. The initiative is designed to enable debt market inv...
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 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 Sharpens Organization to Drive Profitable Growth
STOCKHOLM, Feb. 1, 2019 /PRNewswire/ -- Electrolux today implements strategic and organizational changes to reinforce its ability to create outstanding consumer experiences and drive profitable growth in its consumer business. Electrolux is revising its business area structure to create four co...
Electrolux Makes Global 100 Ranking on Sustainability and CDP's Climate List
STOCKHOLM, Jan. 22, 2019 /PRNewswire/ -- Electrolux has today been recognized by two prestigious organizations as a global leader in corporate sustainability. The accolades include being on the Global 100 ranking of the world's most sustainable companies and, for the third year in a row, the CDP ...
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...
Electrolux and Partners Will Teach 30,000 Kids About Food Waste by 2019
STOCKHOLM, Oct. 16, 2018 /PRNewswire/ -- Today on World Food Day, the Electrolux Food Foundation, the student organisation AIESEC and Worldchefs announced that they commit to raise awareness about food waste by teaching 30,000 children on sustainable eating by 2019. The education program is based...
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...
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...
