Electrolux Q4 2020 Interim report: Innovation and consumer demand drive strong results
STOCKHOLM, Feb. 2, 2021 /PRNewswire/ -- Highlights of the fourth quarter of 2020 * Net sales amounted to SEK 33,902m (32,011). Organic sales increased by 17.5%, benefitting from continued high levels of home-improvement spending as well as positive mix and price development. * Operating inco...
Electrolux Nomination Committee's proposal for election of board members
STOCKHOLM, Feb. 1, 2021 /PRNewswire/ -- In preparation for the Electrolux Annual General Meeting onMarch 25, Electrolux Nomination Committee has decided to propose the re-election of all board members except Kai Wärn, who has declined re-election.Staffan Bohman is proposed to be re-elected as Cha...
CDP recognizes Electrolux climate and water action with double "A" score
STOCKHOLM, Dec. 8, 2020 /PRNewswire/ -- Electrolux has been recognized for its sustainability leadership with a prestigious double "A" score by the global non-profit CDP. Electrolux is one of few companies to receive top marks both for its efforts to tackle climate change and acting to protect wa...
Bulletin from AB Electrolux Extraordinary General Meeting
STOCKHOLM, Nov. 4, 2020 /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 adopted the p...
Electrolux Q3 2020 Interim report: Strong results and cash flow on rebounding markets
STOCKHOLM, Oct. 23, 2020 /PRNewswire/ -- The comments and figures in this report refer to continuing operations unless otherwise stated Highlights of the third quarter of 2020 * Net sales amounted to SEK 32,004m (30,330). Organic sales increased by 15.2%. * Record high operating income of...
Electrolux presents vacuum cleaner made of 100% recycled and reused materials
STOCKHOLM, Oct. 15, 2020 /PRNewswire/ -- Electrolux takes a new important step on the journey towards circularity with a prototype for change. Together with Stena Recycling, Electrolux has developed a vacuum cleaner made of 100 percent recycled and reused materials. The plastic and components ori...
Invitation to Electrolux Q3 presentation
STOCKHOLM, Oct. 9, 2020 /PRNewswire/ -- Electrolux results for the third quarter of 2020 will be published onOctober 23, 2020, 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...
Notice convening the extraordinary general meeting of AB Electrolux
The shareholders of AB Electrolux, reg. no. 556009-4178, are hereby given notice of the Extraordinary General Meeting to be held onTuesday, November 3, 2020 STOCKHOLM, Sept. 28, 2020 /PRNewswire/ -- Due to the coronavirus, the Board of Directors has decided that the Extraordinary General Meeting...
AB Electrolux to propose reinstated dividend based on recovery in earnings and cash flow
STOCKHOLM, Sept. 25, 2020 /PRNewswire/ -- After assessing the company's financial position and the impact of the coronavirus pandemic, the Board of Directors of AB Electrolux has decided to propose a dividend ofSEK 7 per share for the fiscal year 2019. Electrolux has seen a substantial recovery i...
Nomination Committee appointed for Electrolux Annual General Meeting 2021
- The members of the Nomination Committee for Electrolux Annual General Meeting in 2021 have now been appointed STOCKHOLM, Sept. 22, 2020 /PRNewswire/ -- In accordance with decision by the Annual General Meeting, Electrolux Nomination Committee shall consist of six members. The Nomination Commit...
Invitation to Electrolux Capital Markets Update 2020
STOCKHOLM , Sept. 21, 2020 /PRNewswire/ -- Electrolux has the pleasure of inviting investors, financial analysts and media representatives to its online Capital Markets UpdateNovember 17, 2020 at 15:00 - 17:00 CET. The event will be hosted byJonas Samuelson, President and CEO, together with Anna ...
Electrolux names Carsten Franke new Group COO
STOCKHOLM, Sept. 16, 2020 /PRNewswire/ -- AB Electrolux has appointed Carsten Franke as new Chief Operations Officer (COO) and Executive Vice President. Heading the Group's Global Operations function, he will be responsible for pursuing efficiencies of scale and digitalization throughout the valu...
Management change in AB Electrolux
STOCKHOLM, Aug. 18, 2020 /PRNewswire/ -- Electrolux today announced that Jan Brockmann, Chief Operations Officer and Executive Vice President of AB Electrolux, has decided to resign from his position to pursue an external opportunity. Jan Brockmann will remain with the company until September 30...
Electrolux Q2 Interim Report 2020: Navigating Through Challenging Market With Reinforced Strategy
STOCKHOLM, July 17, 2020 /PRNewswire/ -- The comments and figures in this report refer to continuing operations unless otherwise stated Highlights of the second quarter of 2020 * Net sales amounted to SEK 23,476m (29,232). Organic sales declined by 16.6%, due to lower volumes. The development...
Invitation to Electrolux Q2 Presentation
STOCKHOLM, July 3, 2020 /PRNewswire/ -- Electrolux results for the second quarter of 2020 will be published onJuly 17, 2020, 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 Therese F...
From Dustbags to Respiratory Protection in Electrolux Swedish Factory
STOCKHOLM, June 23, 2020 /PRNewswire/ -- The ongoing corona pandemic has created great global demand for respiratory protection. Electrolux's factory in Sweden, which manufactures vacuum cleaner bags, is now quickly switching parts of its operations to be able to produce at least one million face ...
Electrolux Takes Action to Reduce Emissions From Cooling Products
STOCKHOLM, June 5, 2020 /PRNewswire/ -- Electrolux today announces a plan to replace all high-impact greenhouse gases in all of its appliances by 2023 at the latest, as part of its commitments to the United Nations global Cool Coalition initiative. The plan, which helps Electrolux deliver on its ...
Electrolux Q1 Interim Report 2020: Proactive Cost Actions and Strengthened Liquidity
STOCKHOLM, May 7, 2020 /PRNewswire/ -- The comments and figures in this report refer to continuing operations unless otherwise stated Highlights of the first quarter of 2020 * Net sales declined to SEK 26,578m (27,408). Sales growth was -5.1%, due to lower volumes. The development o...
Invitation to Electrolux Q1 Presentation
STOCKHOLM, April 23, 2020 /PRNewswire/ -- Electrolux results for the first quarter of 2020 will be published onMay 7, 2020, 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 Therese Fr...
Electrolux Issues Bond Loans
STOCKHOLM, April 6, 2020 /PRNewswire/ -- Electrolux today issued two bond loans in the aggregate amount ofSEK 3.4 billion under its EMTN (Euro Medium Term Note) programme. Two bond loans are issued on April 6, 2020 with maturity on April 6, 2023 and each in the amount of SEK 1 700 million. One l...
