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About
About
- Electrolux Group shapes living for the better by reinventing taste, care and wellbeing experiences, making life more enjoyable and sustainable for millions of people.
  
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- Electrolux Group in brief
  
  Purpose – Shape living for the better
  
  Strategy - How we create value
- Innovation focus areas
  
  Taste
  
  Care
  
  Wellbeing
  
  Brands
- Markets and business areas
  
  Europe
  
  North America
  
  Latin America
  
  Asia Pacific, Middle East and Africa
  
  Group management
  
  Board of directors
- Design at Electrolux Group
  
  Design philosophy
  
  The Team
  
  Designing Better Experience
  
  Global Projects Business
Sustainability
Sustainability
- Electrolux Group is an industry leader in sustainability. The Group has bold 2030 sustainability Goals and aims to achieve net-zero emissions in the value chain by 2050.
  
  Download Sustainability Report 2023
  
  Download Sustainability in Brief 2023
- For the Better
  
  Better Company
  
  Drive resource-efficient operations
  
  Act ethically, lead in diversity and respect human rights
  
  Drive supply chain sustainability
  
  Better Solutions
  
  Lead in energy and resource-efficient solutions
  
  Offer circular products and business solutions
  
  Eliminate harmful materials
- Better Living
  
  Make healthy and sustainable eating the preferred choice
  
  Make clothes last twice as long with half the environmental impact
  
  Make the home a healthier place to thrive in, with half the carbon footprint
  
  Climate Goals
  
  Case stories
  
  Electrolux Food Foundation
- Codes and policies
  
  About our code and policies
  
  Code of Conduct
  
  Workplace Policy and Supplier Workplace Standard
  
  Environmental policy
  
  People policy
  
  Tax policy
  
  Workplace directive
  
  Report a concern
  
  Sustainability reports
  
  Conflict minerals reports
  
  Restricted materials
  
  Transparency in the supply chain
  
  Ethical marketing and advertising principles
- Recycling information
  
  Contact
  
  Recycling of Products
  
  Producer responsibility
  
  Climate commitments
  
  Electrolux and the UN’s Cool Coalition
  
  Sustainable finance
  
  IT Sustainability Framework
  
  Sustainability news
  
  Sustainability contact
Investor Relations
Investor Relations
- Electrolux Group Investor Relations offer a wide range of information for the financial community, including extensive current statistics as well as archived reports. Visit our section for key highlights.
  
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- How we create value
  
  Driving innovation
  
  Increasing efficiency
  
  A sustainability leader
  
  Solid balance sheet
  
  Case stories
  
  How we create value (pdf)
  
  Business areas
  
  Europe
  
  North America
  
  Latin America
  
  Asia Pacific, Middle East and Africa
  
  Markets
  
  Global industry trends
  
  Market Overview 2023 (pdf)
- The share
  
  Share price
  
  Alternative exchange monitor
  
  Ownership structure
  
  Share buybacks
  
  Share capital
  
  Share history
  
  Conversion of shares
  
  Dividend
  
  Automatic redemption procedure 2021
  
  Analyst coverage
  
  Earnings estimates
  
  Distribution of Electrolux Professional
  
  Tax information
- Financials
  
  Financial targets
  
  Financial data
  
  Restated figures 2022 and 2023
  
  Currency exposure
  
  Definitions
  
  Interim Reports
  
  Latest report
  
  Interim Reports - Archive
  
  SEC filings
  
  Subscribe
  
  Annual Reports
  
  Latest report
  
  Annual Reports - Archive
- Financial presentations
  
  Debt market
  
  Net debt
  
  Long-term bond issues
  
  EMTN Prospectuses and supplements
  
  Sustainable finance
  
  Green Financing Framework
  
  Sustainability-Linked Financing Framework
  
  Archive
  
  Investor Relations Calendar
  
  Press releases
  
  Subscribe
  
  Investor Relations contacts
Corporate Governance
Corporate Governance
- Electrolux Group aims at implementing strict norms and efficient processes to ensure that all operations create long-term value for shareholders and other stakeholders. This involves the maintenance of an efficient organizational structure, systems for internal control and risk management and transparent internal and external reporting.
  
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- Governance structure
  
  Articles of association
  
  Corporate Governance Reports
  
  Remuneration Reports
  
  News about Corporate Governance
- General Meetings
  
  Annual General Meeting 2025
  
  General Meetings - Archive
  
  Nomination Committee
  
  Nomination Committee 2025
  
  Nomination Committees - Archive
- Board of directors
  
  Board composition
  
  Board's work
  
  Remuneration to Board members
  
  People Committee
  
  Audit Committee
  
  Strategic Planning Committee
- Group Management
  
  Remuneration to Group Management
  
  Internal control over financial reporting
  
  Auditors
Career
- Visit our career site to search for jobs and learn more about life at Electrolux Group
  
  GO TO OUR CAREER SITE
Newsroom
Newsroom
- Electrolux Group is committed to providing a quick response to all inquiries from the media.
  
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- Group press releases
  
  Acquisitions and divestments
  
  Annual General Meeting news
  
  Corporate Governance news
  
  Corporate news
  
  Financial news
  
  Product news
  
  Reports
  
  Share buyback
  
  Sustainability
- Group News
  
  Awards & Recognition
  
  Consumer trends
  
  Design & innovation
  
  News in brief
  
  People
  
  Sustainability
- Local Newsrooms Go to our local newsrooms to find local news
  
  Choose market
  
  Europe
  
  Austria
  
  Denmark
  
  Finland
  
  France
  
  Germany
  
  Hungary
  
  Czech Republic
  
  Italy
  
  Norway
  
  Poland
  
  Portugal
  
  Romania
  
  Schweiz / Switzerland
  
  Slovakia
  
  Spain
  
  Suisse/Switzerland
  
  Sweden
  
  United Kingdom
  
  APAC & MEA
  
  ANZ
  
  China
  
  Thailand
  
  UAE
  
  North America
  
  Latin America
  
  Argentina
  
  Brazil
  
  Chile
  
  Colombia
  
  Ecuador
  
  Mexico
  
  Peru
  
  Image bank
  
  Video bank
- Subscribe
  
  Media contacts
  
  Corporate Communications contacts
History
History
- Founded in Sweden in 1919 by entrepreneur Axel Wenner-Gren, Electrolux has shaped living for the better for over 100 years by reinventing what great taste, care and wellbeing experiences mean for our consumers. This is our story.
  
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- Taste experiences
  
  Eva Göthberg: The unsung heroine of Electrolux
  
  Convenient and compact, the dishwasher comes of age
  
  The microwave oven: from accident to household essential.
  
  What's cooking? Kitchens then and now
  
  Wellbeing in the home
  
  Gathering dust: The history of the vacuum bag
  
  Electrolux goes global with first mobile vacuum cleaner
  
  The rise and fall of the housewives’ favorite
- Fabric care
  
  A uniquely Swedish way of washing your clothes
  
  The greatest invention of the industrial revolution?
  
  First home washing machine gets the ‘influencer marketing’ treatment
  
  Design, sales and marketing
  
  A century of cutting-edge design
  
  Design timeline
  
  Reinventing the door-to-door salesman
  
  Creative marketing around the world
- Company stories
  
  Lamp producer Lux launches - forerunner to Electrolux
  
  Axel Wenner-Gren founds Electrolux
  
  One of the first global companies
  
  Harder competition and category expansion
  
  Becoming the global leader through acquisitions
  
  Refocusing, stronger brands and new markets
  
  Globalization, innovation and operational excellence
- Brand stories
  
  Always an idea ahead – AEG’s 135 year journey
  
  Love ice cream? You can thank Frigidaire for inventing the freezer!
  
  History of Zanussi: A reflection of the Italian wonder
  
  Super cool! Food preservation innovation from 1956 to today
  
  History timeline
  
  Historical images
  
  Historical videos
  
  100 years book
Contact
Contact

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Annual Report 2021

Date: February 24, 2022

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Electrolux Group is a leading global appliance company that has shaped living for the better for more than 100 years. We reinvent taste, care and wellbeing experiences for millions of people, always striving to be at the forefront of sustainability in society through our solutions and operations. Under our group of leading appliance brands, including Electrolux, AEG and Frigidaire, we sell household products in around 120 markets every year. In 2023 Electrolux Group had sales of SEK 134 billion and employed 45,000 people around the world.

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AB Electrolux (publ), SE-105 45 Stockholm, Sweden. Company registration number 556009-4178