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 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 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 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...
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...
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...
Invitation to Electrolux Capital Markets Day 2019, March 27
STOCKHOLM, Nov. 28, 2018 /PRNewswire/ -- Electrolux has the pleasure of inviting investors, financial analysts and media representatives to its Capital Markets Day inItaly on March 27, 2019. The event will be hosted by Jonas Samuelson, President and CEO, together with parts of the management team...
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 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 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...
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...
Electrolux Strengthens Its Professional Beverage Offering by Acquiring SPM Drink Systems
STOCKHOLM, Oct. 2, 2018 /PRNewswire/ -- Electrolux today announced it has acquired SPM Drink Systems, an Italian leading manufacturer of professional dispensers of frozen and hot beverages and soft ice-cream, as part of the strategy to increase its presence in the hospitality industry. The exten...
