Conversion of shares in AB Electrolux
STOCKHOLM, April 28, 2023 /PRNewswire/ -- According to AB Electrolux articles of association, owners of Series A shares are entitled to request that such shares are converted to Series B shares. Conversion reduces the total number of votes in the company. During April 2023, 180 Series A shares w...
Conversion of shares in Electrolux
STOCKHOLM, Sept. 30, 2021 /PRNewswire/ -- According to AB Electrolux articles of association, owners of Series A shares are entitled to request that such shares are converted to Series B shares. Conversion reduces the total number of votes in the company. During September 2021, 41 Series A share...
Timetable for the automatic redemption procedure in Electrolux
STOCKHOLM, Sept. 27, 2021 /PRNewswire/ -- The Extraordinary General Meeting held onAugust 27, 2021 resolved to distribute a total of SEK 4,886 m (corresponding toSEK 17.00 per share) to the shareholders of Electrolux, through an automatic redemption procedure including a 2:1 share split, a reduc...
Young people trust in themselves to lead the change towards a sustainable future - only 1 out of 10 believe in adults
STOCKHOLM, Sept. 21, 2021 /PRNewswire/ -- Young people are not only willing to drastically change their lifestyle in order to save the planet. They also see themselves as sustainable advocates and leaders towards a more sustainable future, according to a new global study from Electrolux revealing...
Nomination Committee appointed for Electrolux Annual General Meeting 2022
STOCKHOLM, Sept. 16, 2021 /PRNewswire/ -- The members of the Nomination Committee for Electrolux Annual General Meeting in 2022 have now been appointed. In accordance with decision by the Annual General Meeting, Electrolux Nomination Committee shall consist of six members. The Nomination Committe...
Bulletin from AB Electrolux Extraordinary General Meeting
STOCKHOLM, Aug. 27, 2021 /PRNewswire/ -- Due to the risk of the spread of COVID-19 and the authorities' regulations and advice the Extraordinary General Meeting ("EGM") was carried out solely through advance voting (so-called postal voting) pursuant to temporary legislation. The EGM resolved on ...
Electrolux Q2 2021 Interim report: Strong growth and innovation momentum
STOCKHOLM, July 20, 2021 /PRNewswire/ -- Highlights of the second quarter of 2021 * Net sales increased to SEK 30,303m (23,476) corresponding to an organic sales growth of 39.1% supported by strong market demand in all business areas. Last year's second quarter was severely impacted by the pan...
Electrolux adjusts dividend policy and proposes distribution of SEK 17 per share through share redemption
STOCKHOLM, July 20, 2021 /PRNewswire/ -- Following a review of its capital structure, Electrolux today announces an adjusted dividend policy of approximately 50% of annual income, a proposed automatic share redemption ofSEK 17 per share and an intention to resolve on share buybacks over time. "E...
Electrolux to acquire French service provider La Compagnie du SAV (CSAV)
STOCKHOLM, July 8, 2021 /PRNewswire/ -- With the acquisition Electrolux, a leading global appliance company, strengthens its service network inFrance and underlines its commitment to drive circularity and the repairability of appliances. Electrolux today announced it has agreed to acquire La C...
Invitation to Electrolux Q2 presentation
STOCKHOLM, July 6, 2021 /PRNewswire/ -- A telephone conference will be held following the release of the results, starting at 09.00 CET.Jonas Samuelson, President and CEO andTherese Friberg, CFO will comment on the report. Slides used in the presentation and report will be available at Electrolu...
Electrolux invites the younger generation to explore solutions for a better living
STOCKHOLM, May 12, 2021 /PRNewswire/ -- Electrolux publishes an open letter to today's youth, inviting them to join forces with the company and some of the most influential change-makers of today to explore solutions for future sustainable homes. The aim is to learn more about young people's hope...
Electrolux Q1 2021 Interim report: Delivering strong profitable growth
Highlights of the first quarter of 2021 STOCKHOLM, April 28, 2021 /PRNewswire/ -- * Net sales increased to SEK 29,026m (26,578) corresponding to an organic sales growth of 22.8%. This was driven by significant volume growth and higher prices as well as product mix improvements. In general, mar...
Invitation to Electrolux Q1 presentation
STOCKHOLM, April 14, 2021 /PRNewswire/ -- Electrolux results for the first quarter of 2021 will be published onApril 28, 2021, 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...
Vanessa Butani appointed new VP Group Sustainability at Electrolux
STOCKHOLM, April 8, 2021 /PRNewswire/ -- Effective May 1, Vanessa Butani, current Head of Sustainability for Business Area Europe, will take on the role as VP Group Sustainability at Electrolux. She will replace Henrik Sundström, who is retiring from the company. Vanessa Butani will lead Electro...
Electrolux reports progress on new sustainability strategy and includes climate reduction incentive program for top managers
STOCKHOLM, March 29, 2021 /PRNewswire/ -- Electrolux publishes its 2020 Sustainability Report today. The report highlights include a 70% reduction in emissions since 2015 and an innovative climate reduction element to its long-term incentive program for top managers. The report covers the comp...
Bulletin from AB Electrolux Annual General Meeting March 25, 2021
STOCKHOLM, March 25, 2021 /PRNewswire/ -- Due to the risk of the spread of COVID-19 and the authorities' regulations and advice the Annual General Meeting ("AGM") was carried out solely through advance voting (so-called postal voting) pursuant to temporary legislation. A video with the CEO,Jonas ...
Electrolux hosts event to debate the Future Sustainable Kitchen
STOCKHOLM, March 22, 2021 /PRNewswire/ -- Today Electrolux will be hosting the Future Sustainable Kitchen, a digital event bringing together experts from across the food ecosystem all united by a common goal: to make sustainable eating the preferred choice. Right now, we are cooking and eating b...
Webcast with Electrolux Chairman and CEO ahead of AGM
STOCKHOLM, March 19, 2021 /PRNewswire/ -- A webcast ahead of the Annual General Meeting with Electrolux Chairman and CEO is now available on www.electroluxgroup.com. As previously communicated, the Annual General Meeting on March 25, 2021 will due to the coronavirus pandemic be held without physi...
Electrolux publishes 2020 Annual Report
STOCKHOLM, Feb. 25, 2021 /PRNewswire/ -- Electrolux Annual Report for 2020 has been published on the Group's website as of today. The Annual Report can be downloaded in pdf format here and will be distributed inmid-March 2021 to shareholders who have requested it. "The coronavirus pandemic in 20...
Notice convening the Annual General Meeting of AB Electrolux
STOCKHOLM, Feb. 15, 2021 /PRNewswire/ -- The shareholders of AB Electrolux, reg. no. 556009-4178, are hereby given notice of the Annual General Meeting to be held onThursday, March 25, 2021. Due to the coronavirus, the Board of Directors has decided that the Annual General Meeting should be cond...
