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Electrolux Interim Report January-September 2015

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Highlights of the third quarter of 2015

  • Net sales increased to SEK 31,275m (28,784).
  • Sales increased by 8.7%, of which 2.1% was organic sales growth, 0.3% acquisitions and 6.3% currency translation.
  • Organic sales growth for Major Appliances EMEA and Major Appliances North America.
  • Major Appliances EMEA continued to show strong improvement in earnings. 
  • Good development for Major Appliances North America and Professional Products. 
  • Operating income amounted to SEK 1,506m (1,392), corresponding to a margin of 4.8% (4.8).
  • Income for the period was SEK 1,014m (933), and earnings per share was SEK 3.53 (3.26).
  • Strong operating cash flow of SEK 3.2bn (1.6).

Telephone conference 09.00 CET

A telephone conference is held at 09.00 CET today, October 23. The conference will be chaired by Keith McLoughlin, President and CEO of Electrolux. Mr. McLoughlin will be accompanied by Tomas Eliasson, CFO.

Details for participation by telephone are as follows:

Participants in Sweden should call +46 8 505 564 74

Participants in UK/Europe should call +44 20 336 453 74

Participants in US should call +1 855 753 22 30

Slide presentation for download:

www.electroluxgroup.com/ir

Link to webcast:

www.electroluxgroup.com/q3-2015

For further information, please contact:

Catarina Ihre, Vice President Investor Relations at 46 (0)8 738 60 87

Merton Kaplan, Analyst Investor Relations at +46 (0)8 738 70 06

Electrolux Press Hotline, 46 8 657 65 07.

Electrolux discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08.00 CET on October 23, 2015

Electrolux is a global leader in home appliances, based on deep consumer insight and developed in close collaboration with professional users. We offer thoughtfully designed, innovative solutions for households and businesses, with products such as refrigerators, dishwashers, washing machines, cookers, vacuum cleaners, air conditioners and small domestic appliances. Under esteemed brands including Electrolux, AEG, Zanussi, Frigidaire and Electrolux Grand Cuisine, the Group sells more than 50 million products to customers in more than 150 markets every year. In 2014, Electrolux had sales of SEK 112 billion and 60,000 employees. For more information go to www.electroluxgroup.com. 

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Interim report Electrolux quarterly report Q3 2015

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