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Electrolux AB (ELUXb.ST)

ELUXb.ST on Stockholm Stock Exchange

2 Dec 2016
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0.20kr (+0.09%)
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Latest Key Developments (Source: Significant Developments)

Electrolux AB's Charlotte employees laid off - WCNC.com
Thursday, 4 Jun 2015 08:00pm EDT 

Electrolux AB:Says laying off dozens of employees at its Charlotte headquarters and local distribution facility - WCNC.com.Say company isn't saying how many people lost their jobs the last two days, but employees say it is at least 100.Says response to the layoffs is it is focused on financial efficiency and future profitability.  Full Article

Electrolux AB: JP Morgan Asset Management raises Electrolux stake
Friday, 15 May 2015 02:36am EDT 

Electrolux AB:JP Morgan Asset Management raises stake in Electrolux to 5.0 pct.  Full Article

Electrolux AB proposes dividend
Friday, 27 Mar 2015 03:18am EDT 

Electrolux AB:Proposes dividend of 6.50 Swedish Crown per share.Says record date is March 30 and cash dividends are expected to be paid on April 2.  Full Article

Electrolux AB acquires professional dishwasher manufacturer in China
Thursday, 5 Feb 2015 03:00am EST 

Electrolux AB:Enters into an agreement to acquire Shanghai Veetsan Commercial Machinery Co. Ltd.,, one of the manufacturers of professional dishwashers in China, as part of its strategy to further accelerate growth in the professional segment.Electrolux business area Professional Products is a world in the production and distribution of professional food service and laundry solutions.The acquisition further strengthens Professional Products position in China as well as the Asia Pacific region, where the company sees potential for significant growth in the next few years.Closing is expected to take place during the first half of 2015 and is subject to authority approvals.  Full Article

Electrolux AB proposes 2014 dividend
Wednesday, 28 Jan 2015 02:21am EST 

Electrolux AB:Proposes dividend for 2014 of 6.50 Swedish crown per share.  Full Article

UPDATE 2-Electrolux sees slower demand after cost cuts boost Q3 profit

* Q3 op profit SEK 1.83 bln vs consensus 1.73 bln (Adds CEO comments, detail, share price)