Electrolux half-yearly report,2000

HALF-YEARLY REPORT, 2000 Stockholm, August 11, 2000 Page 1(18) - Net income per share up 28%, value created doubles - Amounts in SEKm, First half Second quarter unless otherwise indicated 2000 1999 Change 2000 1999 Change Net sales 65,428 62,074 5% 34,199 33,021 4% Operating income 4,503 3,807 18% 2,453 2,151 14% Margin, % 6.9 6.1 7.2 6.5 Income after financial items 4,071 3,219 26% 2,285 1,835 25% Margin, % 6.2 5.2 6.7 5.6 Net income per share, SEK 7.35 5.75 28% 4.10 3.25 26% Value creation*) 1,731 840 891 1,040 657 383 Return on equity, % 20.9 17.2 *) See definition on page 4. · Higher income and margin for both Consumer Durables and Professional Products · Good growth in income in North America, improvements in Europe and Asia · 13th consecutive quarter with higher income and margin compared to same period previous year · Value created rises by SEK 891m over first half of 1999 Settlement of US pension litigation ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/08/11/20000811BIT00420/bit0001.doc The full report http://www.bit.se/bitonline/2000/08/11/20000811BIT00420/bit0002.pdf The full report

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Electrolux shapes living for the better by reinventing taste, care and wellbeing experiences, making life more enjoyable and sustainable for millions of people. As a leading global appliance company, we place the consumer at the heart of everything we do. Through our brands, including Electrolux, AEG, Anova, Frigidaire, Westinghouse and Zanussi, we sell more than 60 million household and professional products in more than 150 markets every year. For more information go to www.electroluxgroup.com.

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