RICS:ELUXA.ST

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...

2020-01-20 15:43 3760

Invitation to Electrolux Q4 Presentation

STOCKHOLM, Jan. 14, 2020 /PRNewswire/ -- Electrolux results for the fourth quarter of 2019 will be published onJanuary 31, 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 Ther...

2020-01-14 21:54 5286

Update on Electrolux Operations in North America

STOCKHOLM, Dec. 16, 2019 /PRNewswire/ -- Electrolux today provided an update on issues expected to impact operating income for its business areaNorth America in the fourth quarter; primarily the consolidation of its U.S. refrigerator/freezer manufacturing and related transition to new product pl...

2019-12-16 07:18 13324

Management Change in AB Electrolux

STOCKHOLM, Dec. 12, 2019 /PRNewswire/ -- Electrolux today announced that Alan Shaw, head of Electrolux business area North America, has decided to retire from his position. After a thorough search process,Nolan Pike, currently Senior Vice President within Electrolux global Consumer Experience org...

2019-12-12 21:09 5967

Electrolux Board Proposes Distribution of Electrolux Professional AB

STOCKHOLM, Dec. 6, 2019 /PRNewswire/ -- AB Electrolux ("Electrolux") in January 2019 announced that the company was preparing for the separation and distribution of its Professional Products business area. Consequently, the Board of Directors has today decided to propose that an Extraordinary Gen...

2019-12-06 00:55 12804

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...

2019-11-19 15:43 1923

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...

2019-10-25 14:43 4587

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...

2019-10-08 14:30 6054

Kai Wärn to become Chairman of the Board of Electrolux Professional AB

STOCKHOLM, Oct. 1, 2019 /PRNewswire/ -- The Board of Directors of AB Electrolux ("Electrolux") today announced the appointment of Kai Wärn as Chairman of the Board of Directors of Electrolux Professional AB ("Electrolux Professional"), the company intended to be distributed to AB Electrolux share...

2019-10-01 00:45 7075

Breakdown of Non-recurring Items Expected in Electrolux Q3 Results

STOCKHOLM, Sept. 10, 2019 /PRNewswire/ -- Electrolux today decided on efficiency measures which will lead to restructuring charges ofSEK 1.6 billion (announced separately). In addition to these charges, the third quarter results will be impacted by developments in two administrative cases: * A...

2019-09-10 17:40 12238

Electrolux Announces Global Streamlining Measures and Hungarian Manufacturing Investment

STOCKHOLM, Sept. 10, 2019 /PRNewswire/ --  Following a strategic overview started earlier this year, Electrolux today decided to initiate a plan to improve efficiency throughout the Group. The company today also announced a plan to outsource parts of its current manufacturing inHungary and invest...

2019-09-10 17:24 11510

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,...

2019-08-29 14:27 6986

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...

2019-07-18 15:32 6905

Invitation to Electrolux Q2 Presentation

STOCKHOLM, July 5, 2019 /PRNewswire/ -- Electrolux results for the second quarter of 2019 will be published onJuly 18, 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 Therese...

2019-07-05 15:47 2004

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...

2019-07-03 18:39 9139

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 ...

2019-04-26 14:46 3694

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 ...

2019-04-25 15:54 5332

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...

2019-04-11 16:16 5575

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 ...

2019-04-11 15:47 5760

Well Positioned to Create Value - Electrolux Capital Markets Day 2019

STOCKHOLM, March 27, 2019 /PRNewswire/ -- Electrolux today holds a Capital Markets Day at the headquarters of its Professional Products business area in Pordenone,Italy. Presentations by senior management will showcase how Electrolux consumer business is well positioned to create value by acceler...

2019-03-27 14:28 4255