Half-Yearly Report 2003

  • Higher income for Consumer Durables in Europe, in a difficult environment
  • Continued good sales growth and higher income in USD for Consumer Durables, North America
  • Negative currency effect of SEK 600m on operating income
  • Agreement signed for divestment of compressor operation

This report has not been audited.

Electrolux has applied in this report the accounting principles disclosed in Note 1 of the Annual Report for 2002.

Telephone conference and presentation

A telephone conference will be held at 15.00 CET on July 17, 2003. The
conference will be chaired by Hans Stråberg, President and CEO of
Electrolux. A slide presentation of the Group’s Half-yearly 2003 results
is available on the Electrolux website: www.electrolux.com/webcast1.

Financial reports in 2003

Nine-months report        October 21

For more information

Financial information from Electrolux is also available at
www.electrolux.com/ir.