Topic about: Electrolux CEO

Operating margin target achieved for 2017

Earnings improvement for the Group continues. In the third quarter Electrolux continued to deliver earnings improvement, achieving an operating margin of 6.7%.

Significant earnings improvement across the Group. During the second quarter Electrolux improved its operating income by close to 25%, achieving an operating margin of 6.2%.

Good earnings trend in the quarter

Continued margin improvement. Electrolux operating income for the third quarter increased by more than 20% compared to the same period previous year.

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.

Good earnings development in the quarter. Electrolux operating income of SEK 1,268 million for the first quarter 2016 more than doubled compared to the first quarter the previous year.

Continued earnings recovery in our major business areas. Our two largest business areas, Major Appliances EMEA and Major Appliances North America, continued to make progress with strong improvement in operating income year-over-year.

Organic growth and cost efficiency contributed to earnings. Electrolux operating income amounted to SEK 1.5 billion in the third quarter of 2015, an increase of 8% year-over-year.

Organic growth in all business areas. During the second quarter 2015, Electrolux achieved an organic growth of 7%, to which all six business areas contributed positively. The financial performance in the Group’s largest business...