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Annual Report 2015 Report by the Board of Directors Notes Proposed distribution of earnings Auditor’s report Eleven-year review Quarterly information

Quarterly information

Net sales and income per quarter

SEKm Q1 2014 Q2 2014 Q3 2014 Q4 2014 Full year
2014
Q1 2015 Q2 2015 Q3 2015 Q4 2015 Full year
2015
Net sales 25,629 26,330 28,784 31,400 112,143 29,087 31,355 31,275 31,794 123,511
Operating income 731 63 1,392 1,395 3,581 516 921 1,506 -202 2,741
Margin, % 2.9 0.2 4.8 4.4 3.2 1.8 2.9 4.8 -0.6 2.2
Income after financial items 575 –120 1,250 1,292 2,997 450 815 1,361 -525 2,101
Income for the period 431 –92 933 970 2,242 339 608 1,014 -393 1,568
Earnings per share, SEK1) 1.50 –0.32 3.26 3.39 7.83 1.18 2.12 3.53 -1.38 5.45
Items affecting comparability included above2) –18 –1,104 –77 –1,199
Number of shares after buy-backs, million 286.2 286.3 286.3 286.3 286.3 287.4 287.4 287.4 287.4 287.4
Average number of shares after buy-backs, million 286.2 286.3 286.3 286.3 286.3 286.6 287.4 287.4 287.4 287.1

1) Basic, based on average number of shares, excluding shares owned by Electrolux.

2) Restructuring costs in 2014, previously not included in operating income and reported as items affecting comparability.

Net sales and income by business area per quarter

SEKm Q1 2014 Q2 2014 Q3 2014 Q4 2014 Full year
2014
Q1 2015 Q2 2015 Q3 2015 Q4 2015 Full year
2015
Major Appliances Europe, Middle East and Africa                    
Net sales 7,865 8,107 8,741 9,725 34,438 8,608 8,699 9,540 10,332 37,179
Operating income1) 142 -901 484 507 232 371 426 605 765 2,167
Margin, % 1.8 -11.1 5.5 5.2 0.7 4.3 4.9 6.3 7.4 5.8
Major Appliances North America                    
Net sales 7,664 8,464 9,089 8,924 34,141 9,313 11,717 11,610 10,413 43,053
Operating income1) 382 680 518 134 1,714 -57 401 743 493 1,580
Margin, % 5.0 8.0 5.7 1.5 5.0 -0.6 3.4 6.4 4.7 3.7
Major Appliances Latin America                    
Net sales 4,790 4,064 5,053 6,134 20,041 5,261 4,476 4,190 4,619 18,546
Operating income1) 211 138 242 478 1,069 177 107 110 69 463
Margin, % 4.4 3.4 4.8 7.8 5.3 3.4 2.4 2.6 1.5 2.5
Major Appliances Asia/Pacific                    
Net sales 1,928 2,221 2,342 2,312 8,803 2,241 2,576 2,192 2,220 9,229
Operating income1) 11 102 125 200 438 52 135 54 123 364
Margin, % 0.6 4.6 5.3 8.7 5.0 2.3 5.2 2.5 5.5 3.9
Small Appliances                    
Net sales 2,001 1,938 2,075 2,664 8,678 2,139 2,198 2,169 2,452 8,958
Operating income1) 33 -41 35 173 200 -8 -4 41 -92 -63
Margin, % 1.6 -2.1 1.7 6.5 2.3 -0.4 -0.2 1.9 -3.8 -0.7
Professional Products                    
Net sales 1,380 1,536 1,484 1,641 6,041 1,525 1,689 1,574 1,758 6,546
Operating income1) 126 172 184 189 671 170 220 212 260 862
Margin, % 9.1 11.2 12.4 11.5 11.1 11.1 13.0 13.5 14.8 13.2
Other                    
Net sales 1 1
Operating income, common group costs, etc.1) -174 -87 -196 -286 -743 -189 -364 -259 -1,820 -2,632
Total Group                    
Net sales 25,629 26,330 28,784 31,400 112,143 29,087 31,355 31,275 31,794 123,511
Operating income 731 63 1,392 1,395 3,581 516 921 1,506 -202 2,741
Margin, % 2.9 0.2 4.8 4.4 3.2 1.8 2.9 4.8 -0.6 2.2

1) As of 2015, the accounting practice of items affecting comparability for restructuring charges is no longer used. Restructuring charges have previously been excluded in operating income by business area. For comparability purposes, the figures for 2014 have been restated to include restructuring costs. For more information see the press release; Restated figures for Electrolux for 2014, March 30 2015.