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Electrolux AB (ELUXb.ST)

ELUXb.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Feelgood Svenska signs deal with Electrolux
Tuesday, 10 May 2016 03:00am EDT 

Feelgood Svenska publ AB : Signs deal with Electrolux .Agreement is valid from and including May 2, 2015.  Full Article

Electrolux AB appoints Ohlsson-Leijon as CFO
Tuesday, 23 Feb 2016 02:00am EST 

Electrolux AB:Says has appointed Anna Ohlsson-Leijon, CFO of the business area Major Appliances Europe, Middle East and Africa (EMEA), as new Chief Financial Officer of AB Electrolux.Ohlsson-Leijon joined Electrolux in 2001 as Director of Project Management.She has since held senior management positions including head of the Group's internal audit function from 2005, Group Treasurer from 2008, and Head of Corporate Control & Services from 2011.Ohlsson-Leijon succeeds Tomas Eliasson, who as previously announced is leaving the company to pursue an external opportunity.  Full Article

Electrolux AB sees FX headwind in Q1 2-16 similar to Q4 2015
Thursday, 28 Jan 2016 03:18am EST 

Electrolux AB:CFO says expects FX impact to be about 2.2 billion negative in FY 2016 at current FX levels.CFO says expects FX impact in Q1 2016 to be similar to Q4 2015, between 700 and 800 million crowns negative.  Full Article

Electrolux AB repeats 2016 forecast for raw materials, cost savings
Thursday, 28 Jan 2016 02:48am EST 

Electrolux AB:Repeats sees positive FY 2016 raw material cost effect of around 550 million Swedish crowns - presentation material.Repeats sees costs savings of 750 million Swedish crowns in FY 2016 - presentation material.  Full Article

Electrolux AB announces resignation of CFO
Friday, 22 Jan 2016 02:00am EST 

Electrolux AB:Says Tomas Eliasson, Chief Financial Officer of AB Electrolux, has decided to resign from the company in order to pursue an external opportunity.Says Tomas will remain with the company for up to six months.  Full Article

Keith McLoughlin to retire from Electrolux and will be succeeded by Jonas Samuelson as President and CEO
Monday, 11 Jan 2016 02:00am EST 

Electrolux AB:Says Keith McLoughlin has notified the board that he wishes to retire from Electrolux.Says board has appointed Jonas Samuelson as new president and CEO of Electrolux as of Feb. 1, 2016.Says Samuelson is currently head of the business area Electrolux Major Appliances Europe, Middle East and Africa.  Full Article


Electrolux steps up spending for North American factory overhaul

STOCKHOLM Electrolux , one of the world's biggest home appliance makers, is launching an 8 billion Swedish crown ($950 million) investment drive to modernize its factories, especially in North America, to better compete with cheap Asian competition.