Notice convening the Annual General Meeting of AB Electrolux
STOCKHOLM, Feb. 20, 2023 /PRNewswire/ -- The shareholders of AB Electrolux, reg. no. 556009-4178, are hereby given notice of the Annual General Meeting to be held on Wednesday, March 29, 2023 at 4.00 p.m. (CET) at Münchenbryggeriet, Torkel Knutssonsgatan 2,Stockholm, Sweden. Admission and registr...
Nomination Committee of AB Electrolux proposes re-election of board members
STOCKHOLM, Feb. 10, 2023 /PRNewswire/ -- In preparation for the Annual General Meeting of AB Electrolux onMarch 29, the 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...
Electrolux to discontinue production at Nyíregyháza factory in Hungary
STOCKHOLM, Feb. 1, 2023 /PRNewswire/ -- Electrolux has decided to discontinue production at the Nyíregyháza factory inHungary from the beginning of 2024. The company will take a restructuring charge of approximatelySEK 550 million which will be reported as a non-recurring item affecting operating...
Electrolux announces loss for the fourth quarter 2022
STOCKHOLM, Jan. 11, 2023 /PRNewswire/ -- Electrolux announced today that operating income in the fourth quarter of 2022 is estimated to be approximately SEK -2.0bn (0.9), including non-recurring items of SEK -1.4bn (-0.7). The year-over-year earnings decline was primarily a consequence of weaker c...
Electrolux: Divestment of Memphis factory postponed
STOCKHOLM, Dec. 20, 2022 /PRNewswire/ -- The divestment of the Electrolux manufacturing facility inMemphis, Tennessee, USA, will not be completed as expected since the buyer requested to move closing of the transaction to the first half-year 2023. As communicated on October 12, 2022, Electrolux ...
Electrolux Q3 2022 Interim report: Weak North America and strength in emerging markets
STOCKHOLM, Oct. 28, 2022 /PRNewswire/ -- Highlights of the third quarter of 2022 * Net sales increased to SEK 35,244m (30,929), corresponding to an organic sales growth of 1.2%. Strong price execution and mix improvements were partly offset by significantly lower volumes driven by weaker...
Electrolux: Cost reduction program and management changes
STOCKHOLM, Sept. 13, 2022 /PRNewswire/ -- Electrolux is initiating a cost reduction program on the back of weaker-than-expected market demand and weak earnings in the third quarter. The cost measures are expected to result in a material positive earnings contribution in 2023.Ricardo Cons, current...
Buybacks of series B shares in AB Electrolux during week 35, 2022 - buyback program completed
STOCKHOLM, Sept. 5, 2022 /PRNewswire/ -- During the period August 29 - September 2, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 895,290 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimize ...
Electrolux reveals cutting-edge water and energy saving laundry range at IFA 2022
BERLIN, Aug. 30, 2022 /PRNewswire/ -- Global appliance company Electrolux - under its premium brand AEG - reveals a new range of washing machines and tumble dryers that automatically adjust time, water, and energy usage. A new add-on filter catches up to 90% of microplastic fibers released by syn...
Buybacks of series B shares in AB Electrolux during week 32, 2022
STOCKHOLM, Aug. 15, 2022 /PRNewswire/ -- During the period August 8 - August 12, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 120,381 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimize the...
Buybacks of series B shares in AB Electrolux during week 31, 2022
STOCKHOLM, Aug. 8, 2022 /PRNewswire/ -- During the period August 1 - August 5, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 176,638 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimize the c...
Buybacks of series B shares in AB Electrolux during week 30, 2022
STOCKHOLM, Aug. 1, 2022 /PRNewswire/ -- During the period July 25 - July 29, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 462,085 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimize the com...
Buybacks of series B shares in AB Electrolux during week 29, 2022
STOCKHOLM, July 25, 2022 /PRNewswire/ -- During the period July 18 - July 22, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 269,645 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimize the c...
Buybacks of series B shares in AB Electrolux during week 28, 2022
STOCKHOLM, July 18, 2022 /PRNewswire/ -- During the period July 11 - July 15, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 604,663 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 27, 2022
STOCKHOLM, July 11, 2022 /PRNewswire/ -- During the period July 4 - July 8, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 178,841 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimize the comp...
Buybacks of series B shares in AB Electrolux during week 26, 2022
STOCKHOLM, July 4, 2022 /PRNewswire/ -- During the period June 27 - July 1, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 292,165 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimize the comp...
Buybacks of series B shares in AB Electrolux during week 24, 2022
STOCKHOLM, June 21, 2022 /PRNewswire/ -- During the period June 13 - June 17, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 789,138 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 22, 2022
STOCKHOLM, June 7, 2022 /PRNewswire/ -- During the period May 30 - June 3, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 278,374 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimize the compa...
Buybacks of series B shares in AB Electrolux during week 21, 2022
STOCKHOLM, May 30, 2022 /PRNewswire/ -- During the period May 23 - May 27, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 350,000 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimize the compa...
Buybacks of series B shares in AB Electrolux during week 20, 2022
STOCKHOLM, May 23, 2022 /PRNewswire/ -- During the period May 16 - May 20, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 475,000 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimize the compa...
