|Bid||21.94 x 90000|
|Ask||22.11 x 90000|
|Day's Range||21.82 - 22.03|
|52 Week Range||16.73 - 23.78|
|Beta (3Y Monthly)||0.94|
|PE Ratio (TTM)||13.38|
|Forward Dividend & Yield||0.82 (3.76%)|
|1y Target Est||N/A|
Swedish home appliance maker Electrolux scaled back its full-year cost guidance after reporting first-quarter earnings above market expectations as price hikes and improved product mix helped offset tariff and currency headwinds. Electrolux has boosted margins in recent years by cutting lower-margin products and increasing efficiency, but its work was partly undone last year by mounting costs for raw materials and tariffs amid a trade stand-off between Washington and Beijing. Electrolux said on Friday that price hikes had fully compensated for cost increases in North and Latin America during the quarter.
STOCKHOLM , April 26, 2019 /PRNewswire/ -- Highlights of the first quarter of 2019 Net sales amounted to SEK 29,710m (27,906). Sales growth was 1.6%, driven by price increases and mix improvements across ...
STOCKHOLM , April 25, 2019 /PRNewswire/ -- Electrolux business area Professional Products today announced it has acquired UNIC S.A.S., a French manufacturer of professional espresso machines. The acquisition ...
STOCKHOLM , April 11, 2019 /PRNewswire/ -- Electrolux results for the first quarter of 2019 will be published on April 26, 2019 , at approximately 08.00 CET. A telephone conference will be held following ...
STOCKHOLM, April 11, 2019 /PRNewswire/ -- The Annual General Meeting of AB Electrolux was held on Wednesday, April 10, 2019 in Stockholm, Sweden. Staffan Bohman, Petra Hedengran, Hasse Johansson, Ulla Litzén, Fredrik Persson, David Porter, Jonas Samuelson, Ulrika Saxon and Kai Wärn were re-elected to the Board of Directors.
Electrolux expects to lift sales growth at its professional products business above 7 percent after spinning off the unit next year, its executives told Reuters, citing opportunities to buy U.S. targets and add fast-food customers. The Swedish appliances maker announced plans this year to hand over the unit, which makes commercial kitchen and laundry equipment, to investors, allowing the business to access capital and chase the costly acquisitions in its specialist market. Chief Executive Jonas Samuelson told Reuters the professional unit - the group's most profitable - had achieved a compound annual growth rate of 7 percent since 2013.
STOCKHOLM, March 27, 2019 /PRNewswire/ -- Electrolux today holds a Capital Markets Day at the headquarters of its Professional Products business area in Pordenone, Italy. Presentations by senior management will showcase how Electrolux consumer business is well positioned to create value by accelerating profitable growth, and how Professional Products will leverage its industry-unique position to capture further growth. Today, we look forward to highlighting the key strategic actions that will help us execute our continued profitable growth journey," said Jonas Samuelson, President and CEO of the Electrolux Group.
STOCKHOLM , March 25, 2019 /PRNewswire/ -- Electrolux is issuing the first bond loan within its green bond framework, raising SEK 1 billion to fund investments and other projects with environmental benefits. ...
STOCKHOLM, March 25, 2019 /PRNewswire/ -- Electrolux, the appliance industry sustainability leader, today reported a 66% reduction in CO2 emissions from its operations since 2005, and highlighted how significant investments at manufacturing sites and in new product platforms will make a major contribution to the company achieving its climate targets. In the 2018 Sustainability Report, released today, Electrolux presents facts and figures showing the company's progress towards its targets in the nine key areas outlined in its sustainability framework, For the Better. Contributing to the CO2 reduction achieved until 2018, 24 of Electrolux manufacturing sites now only procure electricity from renewable energy sources.
STOCKHOLM, March 20, 2019 /PRNewswire/ -- Electrolux today announces the launch of a brand new kitchen range to be rolled out across Europe. Combining technology with human-centric Scandinavian design, it takes the cooking experience to a whole new level for the consumer. The company has developed a line of Electrolux-branded products comprising a truly intuitive kitchen range, designed to work in harmony with the cook.