PR Newswire
STOCKHOLM, April 29, 2025 /PRNewswire/ -- Electrolux Group issues a correction of the press release regarding the interim report for the first quarter of 2025 that was published earlier today. The correction concerns that the press release did not include the MAR label with reference to the EU Market Abuse Regulation (MAR). Apart from this, the press release remains unchanged.
The following MAR label was included in the company's interim report attached as an appendix to the press release, but should also have been included in the press release:
STOCKHOLM, April 29, 2025 /PRNewswire/ -- Electrolux Group issues a correction of the press release regarding the interim report for the first quarter of 2025 that was published earlier today. The correction concerns that the press release did not include the MAR label with reference to the EU Market Abuse Regulation (MAR). Apart from this, the press release remains unchanged.
The following MAR label was included in the company's interim report attached as an appendix to the press release, but should also have been included in the press release:
STOCKHOLM, April 29, 2025 /PRNewswire/ -- Electrolux Group issues a correction of the press release regarding the interim report for the first quarter of 2025 that was published earlier today. The correction concerns that the press release did not include the MAR label with reference to the EU Market Abuse Regulation (MAR). Apart from this, the press release remains unchanged.
The following MAR label was included in the company's interim report attached as an appendix to the press release, but should also have been included in the press release:
STOCKHOLM, April 29, 2025 /PRNewswire/ --
Highlights of the first quarter of 2025
Net sales amounted to SEK 32,576m (31,077) with an organic sales growth of 7.9% (-3.7), mainly driven by North America and Latin America.Operating income significantly improved to SEK 452m (-720) corresponding to an operating margin of 1.4% (-2.3). Increased volumes and a favorable mix had a positive impact on earnings, partially offset by a slightly negative impact from price development. Cost reduction actions contributed to a SEK 1.4bn positive impact from cost efficiency.Income for the period amounted to SEK 42m (-1,230) and earnings per share were SEK 0.16 (-4.55).Operating cash flow after investments was SEK -3,107m (-2,686), with a seasonal outflow of operating working capital.STOCKHOLM, April 29, 2025 /PRNewswire/ --
Highlights of the first quarter of 2025
Net sales amounted to SEK 32,576m (31,077) with an organic sales growth of 7.9% (-3.7), mainly driven by North America and Latin America.Operating income significantly improved to SEK 452m (-720) corresponding to an operating margin of 1.4% (-2.3). Increased volumes and a favorable mix had a positive impact on earnings, partially offset by a slightly negative impact from price development. Cost reduction actions contributed to a SEK 1.4bn positive impact from cost efficiency.Income for the period amounted to SEK 42m (-1,230) and earnings per share were SEK 0.16 (-4.55).Operating cash flow after investments was SEK -3,107m (-2,686), with a seasonal outflow of operating working capital.STOCKHOLM, April 29, 2025 /PRNewswire/ --
Highlights of the first quarter of 2025
Net sales amounted to SEK 32,576m (31,077) with an organic sales growth of 7.9% (-3.7), mainly driven by North America and Latin America.Operating income significantly improved to SEK 452m (-720) corresponding to an operating margin of 1.4% (-2.3). Increased volumes and a favorable mix had a positive impact on earnings, partially offset by a slightly negative impact from price development. Cost reduction actions contributed to a SEK 1.4bn positive impact from cost efficiency.Income for the period amounted to SEK 42m (-1,230) and earnings per share were SEK 0.16 (-4.55).Operating cash flow after investments was SEK -3,107m (-2,686), with a seasonal outflow of operating working capital.STOCKHOLM, April 15, 2025 /PRNewswire/ -- On 29th of April, Electrolux Group will publish the results for the first quarter of 2025, at approx. 07.00 CET.
Media, investors and analysts are invited to a simultaneous video webcast and telephone conference on the same day following the release of the results, starting at 09.00 CET where Yannick Fierling, President and CEO, together with Therese Friberg, CFO, will present the report.
Information on how to join the video webcast and telephone conference is available HERE.
STOCKHOLM, April 15, 2025 /PRNewswire/ -- On 29th of April, Electrolux Group will publish the results for the first quarter of 2025, at approx. 07.00 CET.
Media, investors and analysts are invited to a simultaneous video webcast and telephone conference on the same day following the release of the results, starting at 09.00 CET where Yannick Fierling, President and CEO, together with Therese Friberg, CFO, will present the report.
Information on how to join the video webcast and telephone conference is available HERE.
STOCKHOLM, April 15, 2025 /PRNewswire/ -- On 29th of April, Electrolux Group will publish the results for the first quarter of 2025, at approx. 07.00 CET.
Media, investors and analysts are invited to a simultaneous video webcast and telephone conference on the same day following the release of the results, starting at 09.00 CET where Yannick Fierling, President and CEO, together with Therese Friberg, CFO, will present the report.
Information on how to join the video webcast and telephone conference is available HERE.
The Annual General Meeting of AB Electrolux was held in Stockholm on March 26, 2025.
STOCKHOLM, March 27, 2025 /PRNewswire/ -- Shareholders and others had the opportunity to follow the Annual General Meeting live via Electrolux Group's website. A recording from the Annual General Meeting of the reflections by President and CEO, Yannick Fierling, on the past year, and the strategy going forward will be available on Electrolux Group's website, www.electroluxgroup.com/agm2025.
The Company's Income Statement and Balance Sheet and the Consolidated Income Statement and Balance Sheet for Electrolux Group were adopted. The Board of Directors and the President and CEO were discharged from liability for the financial year 2024. In accordance with the Board's proposal, the Annual General Meeting resolved to not distribute any dividend for the financial year 2024 and that available funds will be carried forward in the new accounts.
The Annual General Meeting of AB Electrolux was held in Stockholm on March 26, 2025.
STOCKHOLM, March 26, 2025 /PRNewswire/ -- Shareholders and others had the opportunity to follow the Annual General Meeting live via Electrolux Group's website. A recording from the Annual General Meeting of the reflections by President and CEO, Yannick Fierling, on the past year, and the strategy going forward will be available on Electrolux Group's website, www.electroluxgroup.com/agm2025.
The Company's Income Statement and Balance Sheet and the Consolidated Income Statement and Balance Sheet for Electrolux Group were adopted. The Board of Directors and the President and CEO were discharged from liability for the financial year 2024. In accordance with the Board's proposal, the Annual General Meeting resolved to not distribute any dividend for the financial year 2024 and that available funds will be carried forward in the new accounts.
The Annual General Meeting of AB Electrolux was held in Stockholm on March 26, 2025.
STOCKHOLM, March 26, 2025 /PRNewswire/ -- Shareholders and others had the opportunity to follow the Annual General Meeting live via Electrolux Group's website. A recording from the Annual General Meeting of the reflections by President and CEO, Yannick Fierling, on the past year, and the strategy going forward will be available on Electrolux Group's website, www.electroluxgroup.com/agm2025.
The Company's Income Statement and Balance Sheet and the Consolidated Income Statement and Balance Sheet for Electrolux Group were adopted. The Board of Directors and the President and CEO were discharged from liability for the financial year 2024. In accordance with the Board's proposal, the Annual General Meeting resolved to not distribute any dividend for the financial year 2024 and that available funds will be carried forward in the new accounts.
STOCKHOLM, March 24, 2025 /PRNewswire/ -- Today Electrolux Group announces a new ambitious recycled materials target, which aims to increase the share of recycled steel and plastic by weight used in the products manufactured by the Group to 35% by 2030. This almost doubles the weight of recycled materials in scope compared with the company's previous target. The new target was launched alongside the Group's sustainability results for 2024.
"As a sustainability leader, we will continue to push ourselves and the industry to adopt even bolder sustainability commitments," says Elena Breda, Chief Technology & Sustainability Officer at Electrolux Group. "I am very proud that we have set this target as an industry first. It will help us drive our company's circularity agenda through the increased use of recycled steel and plastics in our products."
STOCKHOLM, March 24, 2025 /PRNewswire/ -- Today Electrolux Group announces a new ambitious recycled materials target, which aims to increase the share of recycled steel and plastic by weight used in the products manufactured by the Group to 35% by 2030. This almost doubles the weight of recycled materials in scope compared with the company's previous target. The new target was launched alongside the Group's sustainability results for 2024.
"As a sustainability leader, we will continue to push ourselves and the industry to adopt even bolder sustainability commitments," says Elena Breda, Chief Technology & Sustainability Officer at Electrolux Group. "I am very proud that we have set this target as an industry first. It will help us drive our company's circularity agenda through the increased use of recycled steel and plastics in our products."
STOCKHOLM, March 24, 2025 /PRNewswire/ -- Today Electrolux Group announces a new ambitious recycled materials target, which aims to increase the share of recycled steel and plastic by weight used in the products manufactured by the Group to 35% by 2030. This almost doubles the weight of recycled materials in scope compared with the company's previous target. The new target was launched alongside the Group's sustainability results for 2024.
"As a sustainability leader, we will continue to push ourselves and the industry to adopt even bolder sustainability commitments," says Elena Breda, Chief Technology & Sustainability Officer at Electrolux Group. "I am very proud that we have set this target as an industry first. It will help us drive our company's circularity agenda through the increased use of recycled steel and plastics in our products."
STOCKHOLM, Feb. 20, 2025 /PRNewswire/ -- AB Electrolux Annual Report for 2024 has been published on the Group's website as of today.
The Annual Report in Swedish as well as an English translation are available on www.electroluxgroup.com in pdf-format. The Swedish Annual Report is also available on the Group's website in European Single Electronic Format (ESEF).
This is information that AB Electrolux is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication on 20-02-2025 08:00 CET.
STOCKHOLM, Feb. 20, 2025 /PRNewswire/ -- AB Electrolux Annual Report for 2024 has been published on the Group's website as of today.
The Annual Report in Swedish as well as an English translation are available on www.electroluxgroup.com in pdf-format. The Swedish Annual Report is also available on the Group's website in European Single Electronic Format (ESEF).
This is information that AB Electrolux is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication on 20-02-2025 08:00 CET.
STOCKHOLM, Feb. 20, 2025 /PRNewswire/ -- AB Electrolux Annual Report for 2024 has been published on the Group's website as of today.
The Annual Report in Swedish as well as an English translation are available on www.electroluxgroup.com in pdf-format. The Swedish Annual Report is also available on the Group's website in European Single Electronic Format (ESEF).
This is information that AB Electrolux is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication on 20-02-2025 08:00 CET.
STOCKHOLM, Feb. 14, 2025 /PRNewswire/ -- The shareholders of AB Electrolux (publ), reg. no. 556009-4178 (the "Company"), are hereby given notice of the Annual General Meeting to be held on Wednesday, March 26, 2025, at 4.00 p.m. (CET) at Bio Skandia, Drottninggatan 82 in Stockholm, Sweden. Admission and registration will commence at 3.00 p.m. (CET).
The Board of Directors has decided that the shareholders shall have the possibility to exercise their voting rights by postal voting before the Annual General Meeting, as instructed below.
STOCKHOLM, Feb. 14, 2025 /PRNewswire/ -- The shareholders of AB Electrolux (publ), reg. no. 556009-4178 (the "Company"), are hereby given notice of the Annual General Meeting to be held on Wednesday, March 26, 2025, at 4.00 p.m. (CET) at Bio Skandia, Drottninggatan 82 in Stockholm, Sweden. Admission and registration will commence at 3.00 p.m. (CET).
The Board of Directors has decided that the shareholders shall have the possibility to exercise their voting rights by postal voting before the Annual General Meeting, as instructed below.
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