Highlights of the third quarter of 2015
- Net sales increased to SEK 31,275m (28,784).
- Sales increased by 8.7%, of which 2.1% was organic sales growth, 0.3% acquisitions and 6.3% currency translation.
- Organic sales growth for Major Appliances EMEA and Major Appliances North America.
- Major Appliances EMEA continued to show strong improvement in earnings.
- Good development for Major Appliances North America and Professional Products.
- Operating income amounted to SEK 1,506m (1,392), corresponding to a margin of 4.8% (4.8).
- Income for the period was SEK 1,014m (933), and earnings per share was SEK 3.53 (3.26).
- Strong operating cash flow of SEK 3.2bn (1.6).
Telephone conference 09.00 CET
A telephone conference is held at 09.00 CET today, October 23. The conference will be chaired by Keith McLoughlin, President and CEO of Electrolux. Mr. McLoughlin will be accompanied by Tomas Eliasson, CFO.
Details for participation by telephone are as follows:
Participants in Sweden should call +46 8 505 564 74
Participants in UK/Europe should call +44 20 336 453 74
Participants in US should call +1 855 753 22 30
Slide presentation for download:
Link to webcast:
www.electroluxgroup.com/q3-2015
For further information, please contact:
Catarina Ihre, Vice President Investor Relations at 46 (0)8 738 60 87
Merton Kaplan, Analyst Investor Relations at +46 (0)8 738 70 06
Electrolux Press Hotline, 46 8 657 65 07.
Electrolux discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08.00 CET on October 23, 2015
