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Electrolux invites the younger generation to explore solutions for a better living BANGKOK, May 25, 2021 /PRNewswire/ -- Electrolux, a Swedish progressive and premium home life brand, invites young people across Asia Pacific, Middle East and Africa to join forces with the company's team of experts and some of the most influential change-makers of today to explore solutions for future sustainable homes. The call to action, titled "Better Living in 2030", aims to learn more about young people's hopes, dreams and concerns, so Electrolux can work alongside the team to respond with solutions tail...

Electrolux invites the younger generation to explore solutions for a better living News provided by Share this article STOCKHOLM, May 12, 2021 /PRNewswire/ -- Electrolux publishes an open letter to today's youth, inviting them to join forces with the company and some of the most influential change-makers of today to explore solutions for future sustainable homes. The aim is to learn more about young people's hopes, dreams and concerns, to be able to provide solutions tailored to their needs come 2030.   As a part of realizing the company's vision and bold 2030 targets for better and more su...

Published in Electronics on 29-04-2021 Shutterstock.com Electrolux exceeded expectations in the first quarter. The Swedish home appliance manufacturer is positive for the rest of the year but is concerned about the shortage of electronic components.   Thanks to Covid During the first three months of the year, sales increased by 9 per cent to 29 billion Swedish kronor (3 billion euros). Net profit amounted to the equivalent of 150 million euros. Both turnover and profit thus exceeded analysts' expectations, writes Belgian newspaper Le Soir. In the same period last year, the group record...

Share this article STOCKHOLM, April 28, 2021 /PRNewswire/ -- Net sales increased to SEK 29,026m (26,578) corresponding to an organic sales growth of 22.8%. This was driven by significant volume growth and higher prices as well as product mix improvements. In general, market demand continued to be strong. Operating income increased to SEK 2,297m (122), corresponding to a margin of 7.9% (0.5). The organic sales growth contribution was the key driver. Increased costs for external factors, mainly raw materials, were fully offset by higher prices. Significant sales and earnings improvements acro...

Swedish home appliance maker Electrolux warned on Wednesday that a semiconductor shortage could crimp production, and flagged rising raw material prices as it posted better-than-expected first quarter earnings. Due to the pandemic, “consumers continued to spend more time at home using their appliances more intensively and allocating a larger share of their household budgets to home improvement projects,” CEO Jonas Samuelson said in a statement. Consumers continued to spend more time at home using their appliances more intensively and allocating a larger share of their household budgets to...