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Topic about: Keith McLoughlin

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.

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Keith McLoughlin has notified the Board of Directors of Electrolux that he wishes to retire from Electrolux. The Board has appointed Jonas Samuelson as new President and CEO of Electrolux as of February 1,...

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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.

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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...

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

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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% ...

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Electrolux has published the online edition of the Annual Report and the Sustainability Report for 2014. Announcing a new approach to reinforce Electrolux sustainability leadership, the report highlights 10 key themes where Electrolux can make...

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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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At Electrolux capital markets day in Charlotte, North Carolina on November 20 2014, CEO Keith McLoughlin and other senior officers of the company presented a status update on the Group’s strategy as well as...

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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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