AB Electrolux (publ) (STO: ELUX.A)

Sweden flag Sweden · Delayed Price · Currency is SEK
116.00
+4.00 (3.57%)
Aug 30, 2024, 5:29 PM CET
-18.88%
Market Cap 26.79B
Revenue (ttm) 133.96B
Net Income (ttm) -5.30B
Shares Out n/a
EPS (ttm) -19.63
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 888
Open 115.00
Previous Close 112.00
Day's Range 115.00 - 117.00
52-Week Range 100.00 - 148.00
Beta 1.20
Analysts n/a
Price Target n/a
Earnings Date Oct 25, 2024

About AB Electrolux

AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances worldwide. The company offers various appliances, such as refrigerators, freezers, cookers, dryers, washing machines, dishwashers, room air-conditioners, microwave ovens, floor-care products, vacuum cleaners, water heaters, heat pumps, and other small domestic appliances, as well as consumables and accessories. It also provides hobs, ovens, and hoods; and tumble dryers. The company offers its products under the Electrolux, AEG, and Frigidaire brand... [Read more]

Founded 1901
Employees 45,000
Stock Exchange Nasdaq Stockholm
Ticker Symbol ELUX.A
Full Company Profile

Financial Performance

In 2023, AB Electrolux's revenue was 134.45 billion, a decrease of -0.32% compared to the previous year's 134.88 billion. Losses were -5.23 billion, 296.0% more than in 2022.

Financial Statements

News

New Electrolux Group study shows short wash and low temperature key to reducing environmental footprint of clothes

Seven-year research program proves clothes including jeans and T-shirts can last more than 50% longer [1]  with gentler wash conditions. STOCKHOLM , Aug. 20, 2024 /PRNewswire/ -- New research, publish...

12 days ago - PRNewsWire

Swedish Appliance Maker Electrolux Hires Fierling as New CEO

Sweden’s Electrolux AB hired Yannick Fierling as its new chief executive officer starting Jan. 1, as the household appliance maker continues to grapple with weak consumer demand across many of its mar...

18 days ago - BNN Bloomberg

Yannick Fierling appointed as new President and CEO of Electrolux Group

STOCKHOLM , Aug. 14, 2024 /PRNewswire/ -- The Board of Directors of AB Electrolux has appointed Yannick Fierling as new President and CEO of Electrolux Group effective January 1, 2025. Yannick Fierlin...

18 days ago - PRNewsWire

Electrolux names appliances veteran Fierling as new CEO

Sweden's Electrolux , the world's second-biggest appliances maker, has appointed sector veteran Yannick Fierling as its new CEO, it said on Wednesday, sending its shares up.

18 days ago - Reuters

Electrolux Group Interim report Q2 2024

STOCKHOLM , July 19, 2024 /PRNewswire/ --  Highlights of the second quarter of 2024 Net sales amounted to SEK 33,819m (32,653). Organic sales increased by 6.8% driven by higher volumes in all business...

6 weeks ago - PRNewsWire

Electrolux boosted by pick up in US, but freight costs weigh

Electrolux swung to a much larger than expected profit in the second quarter amid signs of a long-awaited pick up in its North American business, briefly sending the appliances maker's shares sharply ...

6 weeks ago - Reuters

Haier Smart Home Intends to Acquire Electrolux South Africa's Water Heater Business

QINGDAO, China , July 18, 2024 /PRNewswire/ -- On 18th July 2024, Haier Smart Home entered into the transaction with Electrolux Group in Sweden to acquire 100% equity interest in Electrolux South Afri...

6 weeks ago - PRNewsWire

Electrolux Group divests South African water heater business

STOCKHOLM , July 18, 2024 /PRNewswire/ -- Electrolux Group has signed an agreement to divest its water heater business in South Africa under the Kwikot brand for an enterprise value of ZAR 2.4bn (appr...

6 weeks ago - PRNewsWire

Invitation to Electrolux Group Q2 presentation

STOCKHOLM , July 5, 2024 /PRNewswire/ -- Electrolux Group results for the second quarter of 2024 will be published on July 19, 2024, at approx. 08.00 CET.

2 months ago - PRNewsWire

Electrolux Group Interim report Q1 2024

STOCKHOLM , April 26, 2024 /PRNewswire/ --  Highlights of the first quarter of 2024 Net sales amounted to SEK 31,077m (32,734). Organic sales decreased by 3.7% mainly driven by negative price.

4 months ago - PRNewsWire

Jonas Samuelson will leave the position as President & CEO of Electrolux Group on January 1, 2025

STOCKHOLM , April 25, 2024 /PRNewswire/ -- After more than eight years as CEO and 16 years in the Group management team, Electrolux Group President & CEO Jonas Samuelson has today informed the Board o...

4 months ago - PRNewsWire

Invitation to Electrolux Group Q1 presentation

STOCKHOLM , April 11, 2024 /PRNewswire/ -- Electrolux Group results for the first quarter of 2024 will be published on April 26, 2024, at approx. 08.00 CET.

5 months ago - PRNewsWire

Bulletin from the Annual General Meeting of AB Electrolux

The Annual General Meeting of AB Electrolux was held in Stockholm on March 27, 2024. STOCKHOLM , March 27, 2024 /PRNewswire/ -- Shareholders and others had the opportunity to follow the Annual General...

5 months ago - PRNewsWire

Electrolux Group publishes restated figures for the new business area structure

STOCKHOLM , March 19, 2024 /PRNewswire/ -- As previously announced, Electrolux Group has reorganized into three regional business areas as of 1 January 2024. To enable comparisons with future financia...

5 months ago - PRNewsWire

Electrolux Group develops vacuum cleaner made of up to 44% recycled material

Vacuum can enable better and more sustainable living for consumers at an attractive price point. CHARLOTTE, N.C.

6 months ago - PRNewsWire

AB Electrolux publishes 2023 Annual Report

STOCKHOLM , Feb. 22, 2024 /PRNewswire/ -- AB Electrolux Annual Report for 2023 has been published on the Group's website as of today. The Annual Report in Swedish as well as an English translation are...

6 months ago - PRNewsWire

Notice convening the Annual General Meeting of AB Electrolux

STOCKHOLM , Feb. 16, 2024 /PRNewswire/ -- The shareholders of AB Electrolux, reg. no. 556009-4178 (the Company), are hereby given notice of the Annual General Meeting to be held on Wednesday, March 27...

7 months ago - PRNewsWire

CDP awards Electrolux Group ''A'' for climate leadership

Electrolux Group has once again been recognized for its leadership in corporate transparency and performance on climate change by global environment non-profit CDP, achieving an "A" score.  STOCKHOLM ...

7 months ago - PRNewsWire

Electrolux Group Year-end report Q4 2023

STOCKHOLM , Feb. 2, 2024 /PRNewswire/ -- Highlights of the full-year of 2023 In full-year 2023, net sales were SEK 134,451m (134,880) and operating income excl. non-recurring items was SEK 414m (831).

7 months ago - PRNewsWire

Geert Follens, Daniel Nodhäll and Michael Rauterkus proposed as new Board members of AB Electrolux

STOCKHOLM , Jan. 25, 2024 /PRNewswire/ -- The Nomination Committee of AB Electrolux proposes election of Geert Follens, Daniel Nodhäll and Michael Rauterkus as new members of the Board of Directors at...

7 months ago - PRNewsWire

Invitation to Electrolux Group Q4 presentation

STOCKHOLM , Jan. 18, 2024 /PRNewswire/ -- Electrolux Group results for the fourth quarter of 2023 will be published on February 2, 2024, at approx. 08.00 CET.

8 months ago - PRNewsWire

Electrolux Group reports loss in the fourth quarter - driven by North America

STOCKHOLM , Jan. 12, 2024 /PRNewswire/ -- Electrolux Group announced today that operating income, excluding non-recurring items, in the fourth quarter of 2023 is estimated to be approx. SEK -0.7bn (-0...

8 months ago - PRNewsWire

Electrolux warns of bigger Q4 loss as N. American headwinds strengthen

Electrolux , the world's second-biggest appliances maker, said on Friday that its fourth-quarter loss had widened from a year earlier due to high costs, intensified price competition and weak demand i...

8 months ago - Reuters

Electrolux Group announces its second science-based climate target

STOCKHOLM , Jan. 11, 2024 /PRNewswire/ -- Electrolux Group announces today that it has set a new science-based climate target to reduce greenhouse gas emissions in products and operations in support o...

8 months ago - PRNewsWire

Electrolux Group has completed Memphis factory divestment

STOCKHOLM , Dec. 22, 2023 /PRNewswire/ -- Electrolux Group has divested its factory in Memphis, Tennessee, USA, for a cash consideration of USD 35m (approx. SEK 350m).

9 months ago - PRNewsWire