CONSOLIDATED RESULTS, 2003

CONSOLIDATED RESULTS, 2003 Stockholm, February 12, 2004 · Net sales declined to SEK 124,077m (133,150), but rose 3.3% for comparable units, adjusted for changes in exchange rates · Operating margin improved to 6.2% (6.1) excluding items affecting comparability, operating income was adversely affected by changes in exchange rates in the amount of SEK 930m · Net income amounted to SEK 4,778m (5,095) or SEK15.25 (15.60) per share · Good growth and higher income in USD for appliances and outdoor products within Consumer Durables, North America · Solid performance by appliances and other operations within Consumer Durables, Europe, in a competitive environment · Board proposes raising dividend to SEK 6.50 (6.00) per share, redemption of shares totaling approximately SEK 3,000m For more information Financial information from Electrolux is also available at www.electrolux.com/ir ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/02/12/20040212BIT00060/wkr0001.doc The full report http://www.waymaker.net/bitonline/2004/02/12/20040212BIT00060/wkr0002.pdf The full report