Nomination Committee appointed for AB Electrolux Annual General Meeting 2025
STOCKHOLM, Sept. 19, 2024 /PRNewswire/ -- The members of the Nomination Committee for AB Electrolux Annual General Meeting in 2025 have now been appointed. In accordance with decision by the Annual General Meeting, AB Electrolux Nomination Committee shall consist of five members. The Nomination ...
Electrolux Group appoints new Head of Investor Relations & Sustainability Reporting
STOCKHOLM, Sept. 17, 2024 /PRNewswire/ -- Electrolux Group has appointed Ann-Sofi Jönsson as Head of Investor Relations and Sustainability Reporting as from latestFebruary 10, 2025. Ann-Sofi Jönsson is currently Head of Investor Relations, Group Risk Management and Sustainability at Munters Gro...
IFA 2024: Premium brand AEG unveils best-ever Kitchen Range with AI-assisted cooking and striking design
STOCKHOLM, Sept. 3, 2024 /PRNewswire/ -- Global appliance company Electrolux Group is showcasing trailblazing innovations across its three innovation areas, Taste, Care and Wellbeing, at IFA 2024 inBerlin, one of the world's leading trade shows for consumer electronics and home appliances. Under ...
Yannick Fierling appointed as new President and CEO of Electrolux Group
STOCKHOLM, Aug. 14, 2024 /PRNewswire/ -- The Board of Directors of AB Electrolux has appointedYannick Fierling as new President and CEO of Electrolux Group effectiveJanuary 1, 2025. Yannick Fierling succeeds Jonas Samuelson, who earlier this year informed the Board that he will leave his positio...
Electrolux Group Interim report Q2 2024
STOCKHOLM, July 19, 2024 /PRNewswire/ -- Highlights of the second quarter of 2024 * Net sales amounted to SEK 33,819m (32,653). Organic sales increased by 6.8% driven by higher volumes in all business areas while price was negative. Despite challenging market conditions, mix improved supporte...
Electrolux Group divests South African water heater business
STOCKHOLM, July 18, 2024 /PRNewswire/ -- Electrolux Group has signed an agreement to divest its water heater business inSouth Africa under the Kwikot brand for an enterprise value ofZAR 2.4bn (approx. SEK 1.4bn) to Haier Smart Home. The divestment includes the Kwikot brand and the production fac...
Invitation to Electrolux Group Q2 presentation
STOCKHOLM, July 5, 2024 /PRNewswire/ -- Electrolux Group results for the second quarter of 2024 will be published onJuly 19, 2024, at approx. 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 There...
Notice convening the Annual General Meeting of AB Electrolux
STOCKHOLM, Feb. 16, 2024 /PRNewswire/ -- The shareholders of AB Electrolux, reg. no. 556009-4178 (the Company), are hereby given notice of the Annual General Meeting to be held onWednesday, March 27, 2024, at 4.00 p.m. (CET) at Nalen, Regeringsgatan 74 inStockholm, Sweden. Admission and registrat...
CDP awards Electrolux Group ''A'' for climate leadership
Electrolux Group has once again been recognized for its leadership in corporate transparency and performance on climate change by global environment non-profit CDP, achieving an "A" score. STOCKHOLM, Feb. 6, 2024 /PRNewswire/ -- Electrolux Group is one of a small number of companies that achiev...
Geert Follens, Daniel Nodhäll and Michael Rauterkus proposed as new Board members of AB Electrolux
STOCKHOLM, Jan. 25, 2024 /PRNewswire/ -- The Nomination Committee of AB Electrolux proposes election ofGeert Follens, Daniel Nodhäll and Michael Rauterkus as new members of the Board of Directors at the Annual General Meeting of AB Electrolux onMarch 27, 2024. The Nomination Committee further pr...
Electrolux Group announces its second science-based climate target
STOCKHOLM, Jan. 11, 2024 /PRNewswire/ -- Electrolux Group announces today that it has set a new science-based climate target to reduce greenhouse gas emissions in products and operations in support of theParis climate agreement. The new target comes after the Group achieved its previous science-b...
Electrolux Group to divest Memphis factory
STOCKHOLM, Sept. 21, 2023 /PRNewswire/ -- Electrolux Group has agreed to divest its manufacturing facility inMemphis, Tennessee, USA to a US-based investment company for a cash consideration ofUSD 61m (approx. SEK 675m). The agreed divestment follows a previous agreement with another buyer which...
Electrolux Group Q2 2023 Interim report
STOCKHOLM, July 20, 2023 /PRNewswire/ -- Highlights of the second quarter of 2023 * Net sales amounted to SEK 32,653m (33,749). The organic sales decline of 8.4% was driven by the continued weak market demand with consumers shifting to lower price points, resulting in significantly lower volum...
Invitation to Electrolux Group Q2 presentation
STOCKHOLM, July 7, 2023 /PRNewswire/ -- Electrolux Group results for the second quarter of 2023 will be published onJuly 20, 2023, at approx. 08.00 CEST. A telephone conference will be held following the release of the results, starting at 09.00 CEST. Jonas Samuelson, President and CEO, Therese ...
Electrolux and designer duo Rave Review inspire people to keep their clothes longer
STOCKHOLM, Sept. 6, 2022 /PRNewswire/ -- The most sustainable clothes are the ones you already have, but on average clothes are worn only ten times and thrown away long before they need to be [1]. That is why Swedish home appliance brand Electrolux wants to inspire consumers to break the pattern ...
Buybacks of series B shares in AB Electrolux during week 25, 2022
STOCKHOLM, June 27, 2022 /PRNewswire/ -- During the period June 20 - June 23, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 345,280 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimize the co...
Buybacks of series B shares in AB Electrolux during week 23, 2022
STOCKHOLM, June 13, 2022 /PRNewswire/ -- During the period June 7 - June 10, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 500,000 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimize the com...
New number of outstanding shares and votes in AB Electrolux
STOCKHOLM, April 29, 2022 /PRNewswire/ -- As a result of the cancellation of 25,842,915 Series B shares resolved upon by the Annual General Meeting 2022, the number of outstanding shares and votes in AB Electrolux has changed. Following the cancellation, the total number of votes in the company i...
Electrolux reports 78% reduction of greenhouse emissions in operations - and is four years ahead of plan
STOCKHOLM, March 28, 2022 /PRNewswire/ -- By the end of 2021, Electrolux had reduced its absolute scope 1 and 2 greenhouse gas emissions (direct and indirect in operations) by 78% compared to 2015. This means that the company is four years ahead of its 2025 plan for the science-based target of 80...
Electrolux Nomination Committee proposes re-election of board members
STOCKHOLM, Feb. 9, 2022 /PRNewswire/ -- In preparation for the Electrolux Annual General Meeting onMarch 30, Electrolux Nomination Committee has decided to propose the re-election of all board members.Staffan Bohman is proposed to be re-elected as Chairman of the Board of Directors, and Petra Hed...
