Electrolux Sets Provision Related to Competition Authority Investigation in France
STOCKHOLM, June 21, 2018 /PRNewswire/ -- Electrolux will set a provision of approximately MSEK 550, in connection to a previously communicated investigation by the French Competition Authority. The provision will affect the Group's operating profit in the second quarter of 2018. The French Compe...
Electrolux Q1 2018 Interim Report: Growth and Solid Earnings
STOCKHOLM, April 27, 2018 /PRNewswire/ -- Highlights of the first quarter of 2018 * Net sales amounted to SEK 27,906m (28,201). Sales growth was 3.3%, while currency translation had a negative impact of 4.4%. Strong organic sales growth in Major Appliances EMEA andAsia/Pacific. * Operating...
Electrolux and AIESEC Mobilize Youth to act on Responsible Consumption
STOCKHOLM, April 23, 2018 /PRNewswire/ -- Electrolux and AIESEC today announced a joint initiative to mobilize youth for global volunteering projects in communities around the world, in support of the UN Sustainable Development Goal number 12, Responsible consumption and production. Electrolux a...
Electrolux Partners With Innit to Offer Connected Cooking Experience
STOCKHOLM, April 17, 2018 /PRNewswire/ -- Electrolux Major Appliances EMEA today announced a strategic partnership with Innit, a Silicon Valley-based eating technology company. Electrolux products will work seamlessly with Innit's platform to help consumers throughout the cooking journey, from i...
Electrolux Steps up Commitment to Climate Action, With Approved Science-based Targets
STOCKHOLM, April 17, 2018 /PRNewswire/ -- The Electrolux Group announced today it has set two new ambitious targets to reduce greenhouse gas emissions in support of theParis climate agreement. Both have been approved by the Science Based Targets initiative, making Electrolux one of the first 100...
Electrolux Showcases Latest Innovations on Kitchen Experiences at EuroCucina
STOCKHOLM, April 16, 2018 /PRNewswire/ -- From award-winning dishwashers and fridges that address food waste, to a personalized food journey in the home that harnesses the benefits of connectivity. Electrolux demonstrates the latest smart innovations that lift the consumer experience to new heigh...
Invitation to Electrolux Q1 Presentation
STOCKHOLM, April 13, 2018 /PRNewswire/ --A telephone conference will be held following the release of the results, starting at 09.00 CET and continuing until 10.00 CET. The conference will be chaired byJonas Samuelson, President and CEO of Electrolux. Mr. Samuelson will be accompanied byAnna Ohls...
Electrolux Launches its First Open Innovation Factory
STOCKHOLM, April 10, 2018 /PRNewswire/ -- Electrolux today announced the creation of Electrolux Innovation Factory, an inspirational and collaborative space which will serve as the Group's hub for innovation with external partners. The initiative will accelerate innovation in manufacturing proces...
Bulletin From AB Electrolux Annual General Meeting 2018
STOCKHOLM, April 6, 2018 /PRNewswire/ -- The Annual General Meeting of AB Electrolux was held on Thursday, April 5, 2018 in Stockholm, Sweden. Petra Hedengran, Hasse Johansson, Ulla Litzen, Bert Nordberg, Fredrik Persson, David Porter, Jonas Samuelson, Ulrika Saxon and Kai Warn were re-elected t...
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...
