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Last kr237.20 SEK
Change Today +5.70 / 2.46%
Volume 923.4K
ELUXB On Other Exchanges
As of 11:30 AM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

electrolux ab-ser b (ELUXB) Snapshot

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02/13/15 - kr282.80
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10/16/14 - kr175.10
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Current Stock Chart for ELECTROLUX AB-SER B (ELUXB)

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electrolux ab-ser b (ELUXB) Details

AB Electrolux (publ), together with its subsidiaries, manufactures and sells household appliances and appliances for professional use worldwide. It operates through six segments: Major Appliances Europe, Middle East, and Africa; Major Appliances North America; Major Appliances Latin America; Major Appliances Asia/Pacific; Small Appliances; and Professional Products. The company offers various appliances, such as refrigerators, freezers, cookers, dryers, washing machines, dishwashers, room air-conditioners, microwave ovens, floor-care products, vacuum cleaners, and other small domestic appliances for consumers. It also provides professional products, including food-service equipment for hotels, restaurants, and institutions, as well as laundry equipment for apartment-house laundry rooms, launderettes, hotels, and other professional users. In addition, the company offers hobs, ovens, and hoods for households and professional kitchens; tumble dryers; and water heaters and heat pumps, as well as consumables, accessories, and services. It provides its products under the AEG, Electrolux, Eureka, Frigidaire, Electrolux Grand Cuisine, Molteni, Westinghouse, and Zanussi brands. The company sells its products to retailers, buying groups, independent stores, and professional users. AB Electrolux (publ) was founded in 1901 and is headquartered in Stockholm, Sweden.

58,529 Employees
Last Reported Date: 07/17/15
Founded in 1901

electrolux ab-ser b (ELUXB) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

electrolux ab-ser b (ELUXB) Key Developments

Electrolux Announces Earnings Results for the Second Quarter of 2015; Provides CapEx Guidance for the Full Year of 2015

Electrolux announced earnings results for the second quarter of 2015. For the quarter, the company returned to profit on a combination of strong demand in western Europe and cost savings. The company posted a net profit of SEK 608 million ($71.3 million), against a loss of SEK 92 million a year ago. Sales soared 19.1% to SEK 31.4 billion ($3.7 billion). Operating profit, meantime, rose to SEK 921 million, far surpassing the SEK 800 million average forecast by analysts surveyed by Bloomberg. The company provided CapEx guidance for the full year of 2015. CapEx is quite stable and looks to remain in the range of SEK 4 billion for the full year of 2015.

Electrolux AB, Q2 2015 Earnings Call, Jul 17, 2015

Electrolux AB, Q2 2015 Earnings Call, Jul 17, 2015

The U.S. Justice Department Seeks to Block Electrolux AB's $3.3 Billion Deal for General Electric

The U.S. Justice Department has filed an antitrust lawsuit against Electrolux in federal court in Washington, D.C., in an effort to block the $3.3 billion deal for the appliance company to buy a portion of General Electric. Lawyers in the Justice Department first recommended against the Electrolux-GE deal. Electrolux announced in September that it planned to buy the appliances unit from General Electric for $3.3 billion. That acquisition was announced six months after Electrolux unveiled plans to almost double its head count here to 1,600. The local expansion was to also include an $85 million building on the Electrolux campus in the University City area. That project is on hold until the GE deal is completed. Last month, Electrolux announced it was cutting 120 jobs from its North American operations- about 1% of its work force in the U.S. Some of those jobs were to be cut from the Charlotte staff.


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