Interim Report January – September 2013

Highlights of the third quarter of 2013

• Net sales amounted to SEK 27,258m (27,171) and income for the period was SEK 656m (923), or SEK 2.29 (3.22) per share.
• Organic sales growth was 4.9%, while currencies had a negative impact of –4.6%.
• Continued organic sales growth in all regions, except for Major Appliances Europe, Middle East and Africa.
• North America continued to show strong organic growth of 8% and reached an operating margin of 7% as a result of increased volumes and improved mix.
• Continued weak markets and lower volumes impacted results negatively in Europe.
• Strong performance for Professional Products.
• Negative impact from currencies of SEK –519m affected earnings in Latin America, Asia/Pacific and Europe.
• Initiated actions to reduce annual costs by SEK 1.8bn by improving manufacturing footprint and reducing overhead costs, mainly within Major Appliances Europe.
    

Telephone conference

A telephone conference is held at 9.00 CET on October 25, 2013. The conference is chaired by Keith McLoughlin, President and CEO of Electrolux and Tomas Eliasson, CFO.

A slide presentation on the third-quarter results of 2013 will be available on the Electrolux website http://www.electrolux.com/ir

Details for participation by telephone are as follows:
Participants in Sweden should call +46 8 505 564 74
Participants in UK/Europe should call +44 203 364 5374
Participants in US should call +1 855 753 2230

You can also listen to the presentation at
http://www.electrolux.com/interim-report-webcast

          
For further information
Investor Relations and Financial Information: +46 (0)8 738 60 03.

Financial information from Electrolux is available at http://www.electrolux.com/ir

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 25

Electrolux is a global leader in household appliances and appliances for professional use, selling more than 50 million products to customers in more than 150 markets every year. The company makes thoughtfully designed, innovative solutions based on extensive consumer research, meeting the desires of today's consumers and professionals. Electrolux products include refrigerators, dishwashers, washing machines, cookers, air conditioners and small appliances such as vacuum cleaners, all sold under esteemed brands like Electrolux, AEG, Zanussi and Frigidaire. In 2012 Electrolux had sales of SEK 110 billion and about 61,000 employees. For more information go to http://group.electrolux.com/

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