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Topic about: CEO

Earnings Continue to Improve. Electrolux’ earnings increased in the fourth quarter of 2014 and the operating income rose by 20 percent to SEK 1,472 million.

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Keith McLoughlin was appointed President and CEO of Electrolux on January 1, 2011. He was previously responsible for R&D, Manufacturing and Purchasing for Electrolux Major Appliances in North America.

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Continued earnings recovery. In the third quarter of 2014, the Group’s operating income increased by almost 30% to SEK 1.4 billion compared with the same period in 2013, and cash flow after investments improved...

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Keith McLoughlin is President and CEO of Electrolux since January 1, 2011. He was most recently responsible for R&D, Manufacturing and Purchasing for Electrolux Major Appliances.

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Continued good growth. Electrolux continued to achieve strong organic sales growth, totaling 4.5% for the quarter. Following a long period of market decline, European demand for appliances improved during the first quarter of 2014....

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Continued strong organic growth and restructuring activities moving ahead. In 2013, Electrolux delivered organic sales growth of 4.5%, the second consecutive year ahead of our annual target of 4%. Over the past two years,...

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Delivering on our growth strategy while we take further actions to reduce costs. Electrolux North America continues to deliver strong sales and earnings growth, while Europe continues to suffer from weak demand. In response...

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Strong performance in North America compensated weak development in Europe. Electrolux in North America maintained strong sales and earnings growth during the second quarter, which is expected to continue throughout the year.

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Strong North America, Weak Europe. Supported by a gradual recovery in the market, the Electrolux North American appliance business generated strong sales and earnings growth. Results in Latin America, Europe...

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2012 – a year of record-strong organic growth. In the fourth quarter, Electrolux posted a record-high organic growth of 7.5%. The growth rate for the full-year 2012 was 5.5%.

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