Increased focus on the strongest and most profitable product categories and brands, Electrolux and AEG. Emphasis on innovation, often drawing inspiration from the Group’s professional expertise but also increased focus on smart appliances. Examples of growing segments are built-in kitchen appliances and energy-efficient products. Priority is also given to strengthening the small domestic appliances offering.
Launch of new innovative premium products within core appliances. Focus is on strenghening and investing in the Frigidaire brand and growth in new channels such as the builder-channel and online. Key focus areas are broadening the range of professional products as well as the offering for global food chains.
Further strengthening of positions in Australia and New Zealand through the launch of new, innovative products such as the new Westinghouse cooking range but also products with features such as high energy and water efficiency. Prioritization of compact, user-friendly and quiet household appliances in Japan and South Korea continues.
16% core appliances
11% floor care
Professional: Leadership position with a stronger recognition in the institutional/hotel segments for professional products.
18% core appliances
5% floor care
Professional: Historically strong presence in laundry equipment and a growing presence in the food service industry and in the chain business for professional products.
39% core appliances
7% floor care
Professional: Historically strong position in both laundry equipment and food-service equipment for professional use.
Market demand in Western Europe has improved during several years, and Electrolux sales have increased. The Group has strong market positions with a particularly strong position in kitchen appliances both for consumers and professional users.
Net sales in North America have been impacted by growth in the market, launches of new products and new distribution channels.
Australia is the Group’s main market in the region. In Japan, Electrolux is a relatively small player but has, in recent years, established a growing business in small, compact vacuum cleaners.