Consolidated Results 2009

Highlights of the fourth quarter of 2009

  • Net sales amounted to SEK 28,215m (28,663) and income for the period was SEK 664m (-474), or SEK 2.34 (-1.68) per share.
  • Net sales declined by 1% in comparable currencies, due to continued weak markets.
  • Price and mix continued to have a positive effect on sales.
  • Operating income amounted to SEK 2,023m (-389), corresponding to a margin of 7.2%, excluding items affecting comparability.
  • Results improved across all business areas.
  • Lower costs for raw materials positively impacted income. However, costs for raw materials increased in the quarter compared to the third quarter of 2009.
  • Cost savings, sales prices and lower costs for raw materials contributed strongly to the improvement in income.
  • Extra contributions of SEK 3,935m to Group pension funds in fourth quarter resulting in appropriate funding levels and reduced balance-sheet risk exposure to pension commitments.
  • Continued strong operating cash flow in the quarter, excluding extra pension contributions, resulted in a very strong cash flow for 2009.
  • The Board proposes a dividend for 2009 of SEK 4.00 (0.00) per share.

Presentation at Electrolux headquarters

A presentation will be held at 15.30 CET on February 3, 2010 at Electrolux headquarters,
S:t Göransgatan 143 in Stockholm, Sweden. The presentation will be chaired by Hans Stråberg, Presi¬dent and CEO of Electrolux. Mr. Stråberg will be accompanied by Jonas Samuelson, CFO, and Peter Nyquist, Head of Investor Rela¬tions and Financial Information.

A slide presentation for the fourth-quarter and full-year results of 2009 will be available on the Electrolux website

If you are not able to participate in person at Electrolux headquarters, you can also participate by telephone. The details for participation by telephone are as follows:

Participants in Sweden should call +46 (0)8 505 598 53
Participants in UK/Europe should call +44 (0)20 3043 2436
Participants in US should call +1 866 458 4087

You can also listen to the presentation at

For further information
Peter Nyquist, Head of Investor Relations and Financial Information: +46 (0)8 738 60 03.

Financial information from Electrolux is also available at