Electrolux announces that a Group-wide cost reduction program will be implemented immediately, on the back of weaker-than-expected market demand. Ricardo Cons has been appointed new Head of Business Area North America, where additional turnaround measures will be initiated.
A telephone conference was held at 10.00 CET, September 12, with comments from Jonas Samuelson, President and CEO, followed by a Q&A session.
Electrolux Annual Report 2021 has now been published. The Annual Report in Swedish as well as an English translation can be downloaded in PDF format and will be distributed in mid-March 2022 to shareholders who have requested it. The Swedish Annual Report is also available in European Single Electronic Format (ESEF).
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