Topic about: Electrolux CEO

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...

With reference to recent speculations in Swedish media, Electrolux has issued the following comment

Margins in Europe continue to improve. Results in Major Appliances EMEA continued to strengthen and the EBIT margin improved to 4.3% in the first quarter of 2015 compared to 1.8% ...

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.

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...

Continued earnings recovery in our major markets. The improvement in our European operations continued in the second quarter and operating income increased significantly over last year.