Electrolux charges MUSD 85 to Q4 2021 result after arbitration in U.S. tariff case
STOCKHOLM, Jan. 27, 2022 /PRNewswire/ -- Electrolux will charge MUSD 85 (MSEK 727) to earnings in the fourth quarter of 2021 after an appeals panel upheld a U.S. Department of Commerce (DOC) decision regarding tariffs on washing machines imported into the U.S. fromMexico in 2016/2017. As previo...
Electrolux signs inaugural sustainability linked revolving credit facility
STOCKHOLM, Dec. 10, 2021 /PRNewswire/ -- The facility is for general corporate purposes and has a five-year maturity, with options to extend for up to two more years. The new facility refinances an existingEUR 1,000 million syndicated facility due to mature inMay 2023. The facility was oversubsc...
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...
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...
