Significant earnings improvement. Electrolux operating income for the second quarter increased significantly compared to the same period previous year and amounted to SEK 1,564m.Read more
Electrolux delisted from the London Stock Exchange
AB Electrolux B-share has been delisted from the Official List of the UK Listing Authority, UKLA, and the London Stock Exchange, LSE, effective of today, after decision from the Financial Services Authority, FSA.
Following the delisting, all trading in Electrolux shares is concentrated to Nasdaq OMX Nordic Market in Stockholm.
The Electrolux B-share has been listed on the LSE since 1928. The LSE listing has been a part in a strategy to increase international ownership in Electrolux. However, this listing is no longer deemed necessary due to deregulation of international capital markets and the increased foreign ownership of shares on Nasdaq OMX Stockholm. In recent years, trading of Electrolux shares on the LSE has been limited.
For further information contact Electrolux Media Hotline on +46 8 657 65 07
About the Electrolux Corporate Reporting Electrolux is a global leader in home appliances and appliances for professional use, selling more than 40 million products to customers in 150 countries every year. The company focuses on innovations that are thoughtfully designed, based on extensive consumer insight, to meet the real needs of consumers and professionals. Electrolux products include refrigerators, dishwashers, washing machines, vacuum cleaners and cookers sold under esteemed brands such as Electrolux, AEG-Electrolux, Eureka and Frigidaire. In 2009, Electrolux had sales of SEK 109 billion and 51,000 employees. For more information, visit www.electrolux.com/press and www.electrolux.com/news.
Electrolux may be required to disclose the information provided herein pursuant to the Securities Market Act.
Read more within Press releases
Highlights of the second quarter of 2016. Net sales amounted to SEK 29,983m (31,355). Organic sales declined by -0.9%, acquired growth was 0.1% and currency translation had a negative impact of -3.6% on net...Read more
Electrolux today announced it has agreed to acquire Vintec, an Australia and Singapore-based company which supplies a wide range of climate-controlled wine cabinets throughout the Asia Pacific region.Read more