Electrolux Presents Progress in 2017 Sustainability Report
STOCKHOLM, March 20, 2018 /PRNewswire/ -- The Electrolux Group today published its latest Sustainability Report, For the Better, with facts and figures showing progress and achievements in key areas during 2017: reduced carbon emissions, improved energy and water consumption within manufacturing...
Electrolux Builds the World's First Bioplastic Concept Fridge
STOCKHOLM, March 19, 2018 /PRNewswire/ -- Electrolux has developed a refrigerator prototype where all the visible plastic parts are made of bioplastics from renewable sources. The bioplastic for the refrigerator has a more than 80% lower carbon footprint compared to the conventional plastics use...
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 Connected Steam Oven With Built-in Camera Makes its Market Debut
STOCKHOLM, March 5, 2018 /PRNewswire/ -- Electrolux is launching a connected steam oven with an integrated camera, lifting the cooking experience to a new level.Sweden and Norway are the first markets where the product is made available to consumers. The new steam oven, CombiSteam Pro Smart, is ...
Electrolux Publishes Annual Report for 2017
STOCKHOLM, Feb. 28, 2018 /PRNewswire/ --
Electrolux Annual Report for 2017 has been published on the Group's website
as of today.
The Annual Report describes Electrolux operations, strategy and financial
development and is available to download on
www.electroluxgroup.com/annualreport2017
Notice Convening the Annual General Meeting of AB Electrolux
STOCKHOLM, Feb. 27, 2018 /PRNewswire/ -- The shareholders of AB Electrolux are invited to participate in the Annual General Meeting to be held on Thursday, April 5, 2018 at 5 p.m. at Stockholm Waterfront Congress Centre, Nils Ericsons plan 4,Stockholm, Sweden. Registration and notification Sha...
Electrolux to Receive Statement of Objections From the French Competition Authority
STOCKHOLM, Feb. 7, 2018 /PRNewswire/ -- The French Competition Authority has informed Electrolux that it will issue a Statement of Objections alleging that Electrolux and other appliance manufacturers have acted in breach of antitrust rules inFrance during the period September 2006 to April 2009...
Electrolux - President and CEO Jonas Samuelson's Comments on the Results for the Fourth Quarter 2017
STOCKHOLM, Jan. 31, 2018 /PRNewswire/ -- Electrolux reached an operating margin of 6.1% during 2017, an improvement of close to 20%. This was an important step on the journey towards profitable growth, supported by a strong focus on product portfolio management and cost efficiencies. The year e...
Electrolux Consolidated Results 2017
STOCKHOLM, Jan. 31, 2018 /PRNewswire/ -- Highlights of the fourth quarter of 2017 * Net sales increased to SEK 32,366m (32,144) * Organic sales growth was 4.0%, contribution from acquisitions and divestments was 1.4% while currency translation had a negative impact of 4.7% * Operating inco...
Electrolux Investing $500 Million in U.S. Product Innovation and Manufacturing, Also Consolidating Production
STOCKHOLM, Jan. 31, 2018 /PRNewswire/ -- The Electrolux Group said today it is planning total investments of approximatelyUSD 500 million in its U.S. manufacturing operations, stepping up a strategic initiative to drive profitable growth inNorth America with new lines of innovative Frigidaire k...
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...
Staffan Bohman Proposed New Chairman of AB Electrolux
STOCKHOLM, Jan. 12, 2017 /PRNewswire/ -- In preparation for the Electrolux Annual General Meeting on April 5, the Electrolux Nomination Committee proposes the election ofStaffan Bohman as new Chairman of the Board of Directors of AB Electrolux. The committee also proposes re-election of Petra He...
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 to Contest Tariff Rate Set in Antidumping Review by U.S. Department of Commerce
STOCKHOLM, Nov. 2, 2017 /PRNewswire/ -- Electrolux Major Appliances North America has been informed by the U.S. Department of Commerce (DOC) that it has set a preliminary and significantly increased tariff rate of 72.41% on washing machines manufactured inMexico by Electrolux and imported into t...
Electrolux President and CEO Jonas Samuelson's Comments on the Results for the Third Quarter 2017
STOCKHOLM, Oct. 27, 2017 /PRNewswire/ -- In the third quarter Electrolux continued to deliver earnings improvement, achieving an operating margin of 6.7%. Profitability increased across our business areas with four business areas reaching an operating margin above 7%. The favorable earnings tren...
Electrolux Interim Report January - September 2017
STOCKHOLM, Oct. 27, 2017 /PRNewswire/ -- Highlights of the third quarter of 2017 * Net sales amounted to SEK 29,309m (30,852). * Organic sales declined by 3.2%, currency translation had a negative impact of 3.2%, contribution from acquisitions and divestments was 1.4%. * Operating income i...
Electrolux on Climate Change A-List
STOCKHOLM, Oct. 24, 2017 /PRNewswire/ -- Electrolux has been named one of the top 5% corporate global leaders acting against climate change. The company has been awarded a position on the 2017 Climate A List by CDP, the international non-profit. It is the second year in a row Electrolux gets this...
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 ...
