Electrolux Provides Update on Developments Related to the Coronavirus
STOCKHOLM, March 16, 2020 /PRNewswire/ -- Electrolux today provided an update on potential effects and measures taken related to the global spread of the novel coronavirus. The company believes there is a considerable risk of a material financial impact during the first half of 2020. In the four...
Prospectus for Electrolux Professional AB (publ) Published
STOCKHOLM, March 10, 2020 /PRNewswire/ -- AB Electrolux (publ) ("Electrolux") subsidiary, Electrolux Professional AB (publ) ("Electrolux Professional") has prepared a prospectus regarding the admission to trading of the company's shares of Series A and shares of Series B on Nasdaq Stockholm. Esti...
Distribution and Listing of Electrolux Professional AB (publ)
STOCKHOLM, March 9, 2020 /PRNewswire/ -- On February 21, 2020 the Extraordinary General Meeting of AB Electrolux (publ) ("Electrolux") decided to distribute all shares in the wholly-owned subsidiary Electrolux Professional AB (publ) ("Electrolux Professional") to the shareholders of Electrolux. T...
Electrolux Issues Bond Loans
STOCKHOLM, March 9, 2020 /PRNewswire/ -- Electrolux today issued two bond loans in the aggregate amount ofSEK 3.0 billion under its EMTN (Euro Medium Term Note) programme. Two bond loans are issued on March 9, 2020 with maturity on March 9, 2022. One of the bond loans, in the amount ofSEK 250 mi...
Invitation to Investor Day With Electrolux Professional
STOCKHOLM, Feb. 21, 2020 /PRNewswire/ -- Electrolux has the pleasure of inviting investors, financial analysts and media representatives to an Investor Day hosted by Electrolux Professional inStockholm on March 11, 2020. The event will be hosted byAlberto Zanata, President and CEO of Electrolux P...
Bulletin From AB Electrolux Extraordinary General Meeting 2020
At the Extraordinary General Meeting ("EGM") in AB Electrolux ("Electrolux") held today inStockholm it was resolved to distribute all shares in the wholly-owned subsidiary Electrolux Professional AB ("Electrolux Professional") to the shareholders of Electrolux. STOCKHOLM, Feb. 21, 2020 /PRNewswi...
Notice Convening the Annual General Meeting of AB Electrolux
STOCKHOLM, Feb. 21, 2020 /PRNewswire/ -- The shareholders of AB Electrolux, reg. no. 556009-4178, are invited to participate in the Annual General Meeting to be held onTuesday, March 31, 2020 at 4 p.m. at Stockholm Waterfront Congress Centre, Nils Ericsons plan 4,Stockholm, Sweden. Registration ...
AB Electrolux Publishes Information Brochure and Appoints Additional Board Member of Electrolux Professional AB
STOCKHOLM, Feb. 3, 2020 /PRNewswire/ -- The Board of Directors of AB Electrolux (publ) ("Electrolux") has proposed that an Extraordinary General Meeting, to be held onFebruary 21, 2020 resolves on the distribution of all shares in Electrolux Professional AB (publ) ("Electrolux Professional") to E...
Electrolux Q4 Interim Report 2019: Intense Transformation Phase
STOCKHOLM, Jan. 31, 2020 /PRNewswire/ -- Highlights of the fourth quarter of 2019 * Net sales for continuing operations, excluding Electrolux Professional, amounted toSEK 32,011m (32,021). Sales growth was -2,8%, mainly due to lower volumes inNorth America related to both consolid...
Notice Convening the Extraordinary General Meeting of AB Electrolux
STOCKHOLM, Jan. 20, 2020 /PRNewswire/ -- The shareholders of AB Electrolux, reg. no. 556009-4178, are invited to participate in the Extraordinary General Meeting to be held onFriday, February 21, 2020 at 9 a.m. at AB Electrolux Headquarters, the Axel Wennergren hall, S:t Goransgatan 143,Stockholm...
Electrolux Issues Bond Loans
STOCKHOLM, Nov. 19, 2019 /PRNewswire/ -- Electrolux today issued two bond loans in the aggregate amount ofSEK 1.5 billion under its EMTN (Euro Medium Term Note) program. Two bond loans are issued on November 19, 2019 with maturity on November 19, 2024 and each in the amount of SEK 750 million. O...
Electrolux Q3 Interim Report 2019: Further Strengthening Innovation and Efficiency
STOCKHOLM, Oct. 25, 2019 /PRNewswire/ -- Highlights of the third quarter of 2019 * Net sales amounted to SEK 32,520m (30,444). Sales growth of 1.0%, driven by price/mix improvements. * Operating income amounted to SEK 1,189m (1,756), corresponding to a margin of 3.7% (5.8). * Operating inco...
Invitation to Electrolux Q3 Presentation
STOCKHOLM, Oct. 8, 2019 /PRNewswire/ -- Electrolux results for the third quarter of 2019 will be published onOctober 25, 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...
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 ...
