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...
Electrolux Highlights Lower Emissions and Introduces New Framework in 2019 Sustainability Report
STOCKHOLM, April 2, 2020 /PRNewswire/ -- Electrolux, a sustainability leader in the appliance industry, reports a 75% reduction in CO2 emissions from its operations since 2005. To reflect the Group's new commitment to become climate neutral across the supply chain by 2050, and its increasingly ho...
AB Electrolux Updates Expected Impact From the Coronavirus and Cancels Dividend
STOCKHOLM, March 23, 2020 /PRNewswire/ -- The rapidly developing situation related to the coronavirus has reinforced Electrolux view of the consequences, with the conclusion that there will be a material financial impact in 2020. The company said it is taking mitigating actions to protect earning...
Management Change in AB Electrolux
STOCKHOLM, March 16, 2020 /PRNewswire/ -- Electrolux today announced it has with immediate effect appointedAdam Cich as new head of the business area Asia-Pacific, Middle East and Africa and Executive Vice President. Adam Cich succeeds Dan Arler who, following a period of medical leave, is now t...
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 ...
Electrolux Publishes 2019 Annual Report
STOCKHOLM, Feb. 21, 2020 /PRNewswire/ -- Electrolux Annual Report for 2019 has been published on the Group's website as of today. This year's reporting consists of a comprehensive online version with rich digital content, connecting strategy with execution, and a shorter print / pdf Annual Repo...
Henrik Henriksson and Karin Overbeck Proposed as New Board Members of AB Electrolux
STOCKHOLM, Feb. 7, 2020 /PRNewswire/ -- In preparation for the Electrolux Annual General Meeting onMarch 31, 2020, the Electrolux Nomination Committee proposes the election ofHenrik Henriksson and Karin Overbeck as new members of the Board of Directors of AB Electrolux. The committee also propose...
