Conversion of shares
In accordance with the Articles of Association of AB Electrolux, owners of A shares have the right to have such shares converted to B shares. Conversion reduces the total number of votes in the company. In 2013, 20,186 Class A shares were converted to Class B shares. After the conversion, the total number of votes amounts to 38,265,316. The total number of registered shares in the company amounts to 308,920,308 shares, of which 8,192,539 are A shares and 300,727,769 are B shares.
Share data
| Share listing1) | Stockholm |
|---|---|
| Number of shares | 308,920,308 |
| of which A shares2) | 8,192,539 |
| of which B shares2) | 300,727,769 |
| Number of votes | 38,265,316 |
| Number of shares after repurchase | 286,211,987 |
| Quota value | SEK 5 |
| Market capitalization at December 31, 2013 | SEK 51 billion |
| GICS code3) | 25201040 |
| Ticker codes | Reuters ELUXb.ST |
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Bloomberg ELUXB SS |
CEO Statement
In 2013 we continued to deliver above our growth target and delivered 4.5% in organic sales growth.
CEO Statement
I'm convinced that raising product efficiency for the growing middle class is where long-term shareholder value creation lies.
Our products
Electrolux is the only appliance manufacturer in the industry to offer complete solutions for both consumers and professionals. The focus is on innovative and energy-efficient products in the premium segments.
Sustainability
Achieving the Group's vision of sustainability leadership is crucial to realizing the business strategy. The objective is to develop smarter, more accessible, resource-efficient solutions that meet people's needs and improve their lives. Read the comprehensive sustainability performance review.
Awards & recognition
Financial Reporting
Net sales for the Electrolux Group in 2013 amounted to SEK 109,151m, as against SEK 109,994m in the previous year. The organic sales growth was 4.5%, while currencies had an impact of -5.3%.
