Electrolux Comments on Impact From Development in Sears
STOCKHOLM, Oct. 15, 2018 /PRNewswire/ -- Electrolux today commented the announcement by Sears Holdings Corporation, a major US customer, that it has filed voluntary petitions for relief under Chapter 11 of the US Bankruptcy Code. Following today's announcement, Electrolux intends to work with Se...
Invitation to Electrolux Q3 Presentation
STOCKHOLM, Oct. 12, 2018 /PRNewswire/ -- Electrolux results for the third quarter of 2018 will be published on October 26, 2018, at approximately 08.00 CET. A telephone conference will be held following the release of the results, starting at 09.00 CET and continuing until 10.00 CET. The confe...
Electrolux Partners With Smart Kitchen Startup Drop
STOCKHOLM, Oct. 4, 2018 /PRNewswire/ -- Electrolux is partnering with Drop, a smart kitchen technology company, to further develop the smart kitchen ecosystem and create opportunities to enhance the taste experience for more consumers. Based on the partnership announced today, Electrolux busin...
Electrolux Strengthens Its Professional Beverage Offering by Acquiring SPM Drink Systems
STOCKHOLM, Oct. 2, 2018 /PRNewswire/ -- Electrolux today announced it has acquired SPM Drink Systems, an Italian leading manufacturer of professional dispensers of frozen and hot beverages and soft ice-cream, as part of the strategy to increase its presence in the hospitality industry. The exten...
Nomination Committee Appointed for Electrolux Annual General Meeting 2019
STOCKHOLM, Sept. 26, 2018 /PRNewswire/ -- The members of the Nomination Committee for Electrolux Annual General Meeting in 2019 have now been appointed. In accordance with decision by the Annual General Meeting, Electrolux Nomination Committee shall consist of six members. The Nomination Committe...
Electrolux Retains Position as Industry Leader in Dow Jones Sustainability Indices
STOCKHOLM, Sept. 13, 2018 /PRNewswire/ -- Electrolux has been named Industry Leader in the Household Durables category in the Dow Jones Sustainability World Index (DJSI World). It is the twelfth consecutive year that Electrolux receives this recognition in the assessment, which is published by ...
Electrolux Expands Smart Appliances Collaboration with Google
STOCKHOLM, Aug. 30, 2018 /PRNewswire/ -- Electrolux is expanding its collaboration with Google by integrating connected kitchen products inEurope with the Google Assistant, enabling consumers to control products using voice commands. The voice integration will start with Electrolux smart ovens in...
Electrolux Showcases Innovative Home Solutions at IFA 2018
STOCKHOLM, Aug. 29, 2018 /PRNewswire/ -- Electrolux demonstrates the latest innovations within the home at IFA 2018, one of the world's biggest fairs within consumer electronics taking place inBerlin, Germany on August 31 to September 5. Electrolux will highlight new smart solutions within the ki...
Electrolux Launches Groundbreaking Cordless Vacuum Cleaner
STOCKHOLM, Aug. 21, 2018 /PRNewswire/ -- Electrolux is launching a cordless vacuum cleaner that reinvents the way we vacuum our homes. Hitting stores in September, the groundbreaking Electrolux Pure F9 uses powerful battery technology and innovative design solutions to provide consumers with a pr...
Management Changes in AB Electrolux
STOCKHOLM, Aug. 16, 2018 /PRNewswire/ -- Electrolux today announced changes in the Group Management team and a revision of part of the business area organizational structure: * Kenneth L. Ng, currently Head of Major Appliances APAC and Executive Vice President of AB Electrolux, has decided to ...
Electrolux Invests in and Partners With Food Waste Startup Karma
STOCKHOLM, Aug. 15, 2018 /PRNewswire/ -- Electrolux today announced it is investing inSweden-based Karma, a leading startup that helps restaurants and supermarkets reduce food waste by selling unsold food to consumers. The investment is part of a widerUSD 12 million round with other investors. E...
Electrolux Divests BEAM and Sanitaire in North America
STOCKHOLM, Aug. 8, 2018 /PRNewswire/ -- Electrolux announced today it has divested its U.S.-based commercial and central vacuum cleaner businesses in North America, including the brands Sanitaire and BEAM. The decision is in line with the strategy of the business area Home Care & SDA to focus on g...
Electrolux Q2 2018 Interim Report: On track Despite Headwinds
STOCKHOLM, July 18, 2018 /PRNewswire/ -- Highlights of the second quarter of 2018 * Net sales amounted to SEK 31,354m (30,948). Sales growth was 0.7% with organic sales growth across most business areas. * Operating income amounted to SEK 827m (1,919), corresponding to a margin of 2.6% (6.2)...
Electrolux and Le Cordon Bleu in Long-term Partnership to Shape the Future of Cooking Habits
STOCKHOLM, July 13, 2018 /PRNewswire/ -- Electrolux and Le Cordon Bleu, the leading global network of culinary art and hospitality managements, announce today a long-term partnership focused on shaping the world's cooking habits for the better through education and innovation. The collaboration ...
Invitation to Electrolux Q2 Presentation
STOCKHOLM, July 3, 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 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...
