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Electrolux


Actualités

Electrolux Says AGM Resolved To Not Distribute Any Dividend For Fiscal Year 2022

BRIEF-Electrolux Says AGM Resolved To Not Distribute Any Dividend For Fiscal Year 2022 March 29 (Reuters) - Electrolux AB ELUXb.ST : MEETING RESOLVED TO NOT DISTRIBUTE ANY DIVIDEND FOR FISCAL YEAR 2022 STAFFAN BOHMAN WAS ALSO RE-ELECTED CHAIRMAN OF BOARD. Source text for Eikon: ID:nWkrtCytR Further company coverage: ELUXb.ST
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Electrolux Expects Positive Operating Cash Flow For 2023

BRIEF-Electrolux Expects Positive Operating Cash Flow For 2023 March 20 (Reuters) - Electrolux AB ELUXb.ST : ELECTROLUX GROUP HOSTS CAPITAL MARKETS UPDATE TODAY EARNINGS IMPACT FROM COST REDUCTION PROGRAM IS ESTIMATED TO BE ABOVE SEK 7BN IN 2024 VERSUS 2022, WHEREOF SEK 4-5BN IS EXPECTED IN 2023 THIS IS EXPECTED TO RESULT IN A POSITIVE OPERATING CASH FLOW FOR 2023 WITH COST REDUCTION MEASURES BEING IMPLEMENTED IN BUSINESS AREA NORTH AMERICA, COST PER UNIT IN ANDERSON AND SPRINGFIELD FACTORIES WI
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Electrolux says costs cuts on track at North America plants

UPDATE 1-Electrolux says costs cuts on track at North America plants Adds detail, background STOCKHOLM, March 20 (Reuters) - Electrolux ELUXb.ST , Europe's biggest appliances maker, said on Monday it was on track to slash costs at underperforming plants in North America as part of its ongoing efficiency programme in the region. "Cost per unit in the Anderson and Springfield factories will significantly improve near-term, reaching competitive cost levels," the Swedish group said in a statement ah
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Electrolux says aftermarket on clear path towards 10% of group sales in 2025

Electrolux says aftermarket on clear path towards 10% of group sales in 2025 STOCKHOLM, March 20 (Reuters) - Europe's biggest appliances maker Electrolux ELUXb.ST has "a clear path to reach" a target that the aftermarket segment will account for 10% of group sales in 2025, it said on Monday. In a statement ahead of presentations to investors in Stockholm later in the day, the Swedish group reiterated a business and market outlook given in February, and its financial targets.
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Electrolux violated French antitrust rules, preliminary competition agency findings show

Electrolux violated French antitrust rules, preliminary competition agency findings show STOCKHOLM, Feb 23 (Reuters) - Sweden's Electrolux ELUXb.ST said late on Wednesday it had received a Statement of Objections from the French competition authority relating to a previously announced probe into possible violations of antitrust rules between 2009 and 2014. A Statement of Objections is a formal step in the agency's investigation in which it informs of preliminary findings.
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Electrolux Group Says Received Statement Of Objections From French Competition Authority

BRIEF-Electrolux Group Says Received Statement Of Objections From French Competition Authority Feb 22 (Reuters) - Electrolux AB ELUXb.ST : GROUP HAS RECEIVED A STATEMENT OF OBJECTIONS FROM THE FRENCH COMPETITION AUTHORITY IT CANNOT BE RULED OUT THAT OUTCOME COULD HAVE A MATERIAL IMPACT ON GROUP'S FINANCIAL RESULT AND CASH FLOW Source text for Eikon
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U.S. stocks in the equivalent of Everest's "death zone": MS

LIVE MARKETS-U.S. stocks in the equivalent of Everest's "death zone": MS STOXX 600 cuts losses Euro zone business growth at 9-month high Takeover talk lifts Electrolux U.S. stock futures inch lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com U.S.
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Electrolux says media report hinting at potential bid from China is based on rumours

Electrolux says media report hinting at potential bid from China is based on rumours STOCKHOLM, Feb 21 (Reuters) - Electrolux ELUXb.ST said on Tuesday a media report hinting that China's Midea 000333.SZ may be looking to make an offer for the Swedish home appliances maker was based on rumours and declined to comment further. "This is based on rumours and unfounded speculations, which we as a policy never comment," an Electrolux spokesperson said in an email.
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What counts more: ECB hawks or Fed and data?

LIVE MARKETS-What counts more: ECB hawks or Fed and data? STOXX 600 down 0.2% Euro zone business growth at 9-month high Takeover talk lifts Electrolux U.S. stock futures inch lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com WHAT COUNTS MORE: ECB HAWKS OR FED AND DATA?
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So far, so good - earnings season at half-way point

LIVE MARKETS-So far, so good - earnings season at half-way point STOXX 600 down 0.2% Euro zone business growth at 9-month high Takeover talk lifts Electrolux U.S. stock futures inch lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com SO FAR, SO GOOD - EARNINGS SEASON AT HALF-WAY POINT (1051 GMT) We have arrived at the mid-point of European earnings season, and so far, so good.
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STOXX: Financials and consumers drag

LIVE MARKETS-STOXX: Financials and consumers drag STOXX 600 down 0.2% Euro zone business growth at 9-month high Takeover talk lifts Electrolux U.S. stock futures inch lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com STOXX: FINANCIALS AND CONSUMERS DRAG (0950 GMT) Shares in Europe kicked off the day on the back foot with losses across financials, consumer discretionary and te
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Electrolux CEO: Unclear how long it will take to solve company's North America problems

BRIEF-Electrolux CEO: Unclear how long it will take to solve company's North America problems Feb 2 (Reuters) - Electrolux AB ELUXb.ST CEO Jonas Samuelson said on a call with analysts analysts: ELECTROLUX CEO: CHALLENGING JOURNEY WE'VE HAD RECENTLY IN NORTH AMERICA IS LESS ABOUT THE MARKET AND MORE ABOUT UNFORTUNATELY OUR OWN PERFORMANCE IN THE MAR
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Electrolux predicts lower sales volumes, sending shares tumbling

UPDATE 4-Electrolux predicts lower sales volumes, sending shares tumbling Shares down 10% North America still hurting results Decision not to pay dividend surprises analysts CEO sees 'challenge' in offsetting negatives via cost increase Adds CEO comments and background on North America business By Marie Mannes and Anna Ringstrom STOCKHOLM, Feb 2 (Reuters) - Sweden's Electrolux ELUXb.ST on Thursday predicted lower sales volumes in 2023 due to weak consumer confidence and said it may not be able t
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Electrolux BoD Proposes That No Payment Of Dividend Will Be Made For 2022

BRIEF-Electrolux BoD Proposes That No Payment Of Dividend Will Be Made For 2022 Feb 2 (Reuters) - Electrolux AB ELUXb.ST : ELECTROLUX YEAR-END REPORT Q4 2022: WEAK FINISH TO A CHALLENGING YEAR Q4 HIGH GENERAL INFLATION, RAISED INTEREST RATES, SOARING ENERGY PRICES, AND INCREASED GEOPOLITICAL TENSIONS THESE NEGATIVELY IMPACTED CONSUMER DEMAND FOR HO
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Electrolux sees weak demand, falling sales volumes in 2023

UPDATE 1-Electrolux sees weak demand, falling sales volumes in 2023 Adds details STOCKHOLM, Feb 2 (Reuters) - Sweden's Electrolux ELUXb.ST predicted on Thursday lower sales volumes in 2023 as it reported a fourth-quarter loss roughly in line with a profit warning earlier this month. Europe's biggest appliances maker said it expected slowing demand this year in Europe, North America and Latin America, and unchanged demand for the Asia-Pacific, Middle East and Africa region.
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Electrolux sees sales volumes falling in 2023

Electrolux sees sales volumes falling in 2023 STOCKHOLM, Feb 2 (Reuters) - Sweden's Electrolux ELUXb.ST said on Thursday it expected its sales volumes to decline in 2023 as it reported a fourth-quarter loss roughly in line with a profit warning earlier this month. Reporting by Marie Mannes, editing by Anna Ringstrom
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Electrolux To Discontinue Production At Nyíregyháza Factory In Hungary

BRIEF-Electrolux To Discontinue Production At Nyíregyháza Factory In Hungary Feb 1 (Reuters) - Electrolux AB ELUXb.ST : ELECTROLUX TO DISCONTINUE PRODUCTION AT NYÍREGYHÁZA FACTORY IN HUNGARY WILL TAKE A RESTRUCTURING CHARGE OF APPROXIMATELY SEK 550 MILLION WHICH WILL BE REPORTED AS A NON-RECURRING ITEM DECISION FOLLOWS A REVIEW OF PRODUCTION CAPACITY NEEDS INCLUDING AN INVESTIGATION INTO COMPETITIVENESS OF NYÍREGYHÁZA FACTORY DIRECTION IS TO OPTIMIZE REFRIGERATION PRODUCTION FOOTPRINT FROM
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Electrolux to halt production at Hungarian plant

UPDATE 1-Electrolux to halt production at Hungarian plant Adds quote, detail HELSINKI, Feb 1 (Reuters) - Sweden's Electrolux ELUXb.ST said on Wednesday it will halt production at its Nyiregyhaza plant in Hungary from early 2024, affecting around 650 jobs and booking a 550 million Swedish crowns ($52.8 million) charge in the first quarter of 2023. Europe's largest home appliances maker also said it was looking into divesting the plant, which has made refrigeration products.
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Electrolux to halt production at Hungarian plant

CORRECTED-Electrolux to halt production at Hungarian plant Corrects amount to 550 million crowns from 500 million HELSINKI, Feb 1 (Reuters) - Sweden's Electrolux ELUXb.ST said on Wednesday it will halt production at its Nyiregyhaza plant in Hungary from early 2024, affecting around 650 jobs and booking a 550 million Swedish crowns ($52.8 million) c
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Nordic corporate earnings week ahead

DIARY-Nordic corporate earnings week ahead Jan 27 (Reuters) - Diary of Nordic (OMXS30-SK, OBX-OS, OMXHPI-HE, OMXC20) corporate earnings for the week ahead NORDIC EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 31-Jan-2023 06:00 TEL2b.ST Tele2 AB Q4 2022 Tele2 AB Earnings Release 31-Jan-2023 06:00 SWEDa.ST Swedbank AB Q4 2022 Swedbank AB Earnings Release 01-Feb-2023 07:00 GETIb.ST Getinge AB Q4 2022 Getinge AB Earnings Release 02-Feb-2023 NTS NDAFI.HE Nordea Bank Abp Q4 2022 Nord
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