Electrolux Group publishes restated figures for the new business area structure
As previously announced, Electrolux Group has reorganized into three regional business areas as of 1 January 2024. To enable comparisons with future financial reporting, restated historical figures for the combined business area Europe, Asia-Pacific, Middle East and Africa, per quarter and full year for 2022 and 2023, are provided.
As announced on October 27, 2023, the two business areas Europe and Asia-Pacific, Middle East and Africa have been combined into one business area. The other two business areas, North America and Latin America, remain. The new structure will leverage the Group’s global scale with fewer layers, resulting in increased focus and reduced costs.
From the interim report for the first quarter of 2024, Electrolux Group will be reporting in accordance with the new business area structure.
The appendix to this press release contains selected restated figures by business area, by quarter and for full year 2022 and 2023.
- Selected restated figures by business area, quarterly and full year 2022 and 2023 (pdf).
- Selected restated figures by business area, quarterly and full year 2022 and 2023 (excel).
The restated financial information can also be found on the Group’s website: https://www.electroluxgroup.com/restated-figures-2022-and-2023/
The restated financial information has not been audited.
For more information:
Maria Åkerhielm, Investor Relations, +46 70 796 3856
Electrolux Group Press Hotline, +46 8 657 65 07
Electrolux Group is a leading global appliance company that has shaped living for the better for more than 100 years. We reinvent taste, care and wellbeing experiences for millions of people, always striving to be at the forefront of sustainability in society through our solutions and operations. Under our group of leading appliance brands, including Electrolux, AEG and Frigidaire, we sell household products in around 120 markets every year. In 2023 Electrolux Group had sales of SEK 134 billion and employed 45,000 people around the world. For more information go to www.electroluxgroup.com.