AB Electrolux (publ) (STO: ELUX.B)
Market Cap | 26.79B |
Revenue (ttm) | 133.96B |
Net Income (ttm) | -5.30B |
Shares Out | 270.03M |
EPS (ttm) | -19.63 |
PE Ratio | n/a |
Forward PE | 10.62 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,192,301 |
Open | 97.14 |
Previous Close | 97.16 |
Day's Range | 97.10 - 100.10 |
52-Week Range | 82.38 - 120.40 |
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]
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 StatementsNews
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...
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...
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...
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.
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...
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 ...
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...
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...
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.
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.
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...
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.
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...
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...
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.
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...
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...
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 ...
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).
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...
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.
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...
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...
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...
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).