Annual Report 2008

March 9, 2009

2008 in summary

  • Operating income decreased due to weak demand and charges for structural measures.
  • Decrease in number of employees by more than 10% during 2008 and 2009 in order to meet weakening markets.
  • Electrolux gained market shares in North America through the new Electrolux-branded appliances in the premium segment.
  • Income improvements for appliances in Latin America and Asia/Pacific as well as for Professional Products and floor-care operations.
  • Increased investments in energy-efficient products have strengthened the brand.

90 years of leading innovations and design

Axel Wenner-Gren, the founding father of Electrolux, established the principles by which the company still thrives. His dream to improve quality of life has had fundamental impact on homes around the world. Today’s Electrolux, 90 years later, is a global leader in household appliances and appliances for professional use.

“Thinking of you” expresses the Electrolux offering: To maintain continuous focus on the consumer, whether it’s a question of product development, design, production, marketing, logistics or service.

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2017 in brief. Operating income increased by 18%. Operating margin was 6.1% (5.2). Earnings improved across all business areas.

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2016 in brief. Four of six business areas achieved an operating margin above 6%. Continued good earnings development for Major Appliances EMEA.

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Electrolux operating income for 2015 amounted to SEK 2,741m, corresponding to a margin of 2.2%.

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