President and CEO Hans Stråberg’s comments on the first-quarter results of 2010
Another record result for Electrolux The positive development from last year continues as Electrolux shows its best first-quarter result in appliances ever. Electrolux strategy with focus on innovative products, strong brands and a cost-efficient production progresses as planned and has for the last 12-month period resulted in an operating margin of over 6%.The result for 2009 was one of the best ever for Electrolux, and the first quarter of 2010 continues in the same way, with a new record and all operations showing strong improvements. In North America, we’ve improved our operating income