Electrolux Consolidated Results 2013 Highlights of the

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Electrolux Consolidated Results 2013

Highlights of the fourth quarter of 2013 · Net sales amounted to SEK 28,891m (29,185). · Organic sales growth was 3.6%, while currencies had a negative impact of –4.6%. · All business areas showed organic sales growth, sales were particularly strong in North America for Professional Products and Small Appliances. · Operating income, excluding items affecting comparability, amounted to SEK 1,223m (1,590), corresponding to a margin of 4.2% (5.4). · Operating income includes a negative impact from currencies of SEK –442m. · Restructuring charges of SEK 1,487m and an impaired ERP of SEK 906m were, as previously communicated, charged to operating income within items affecting comparability. · Solid cash flow. · Income for the period, including items affecting comparability, was SEK –987m (242), and earnings per share SEK –3.44 (0.84). · The Board proposes a dividend for 2013 of SEK 6.50 (6.50) per share. Telephone conference A telephone conference is held at 9.00 CET on Friday, January 31, 2014. The conference is chaired by Keith McLoughlin, President and CEO of Electrolux. Mr. McLoughlin is accompanied by Tomas Eliasson, CFO. A slide presentation on the fourth 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 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. 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 0800 CET on Jan 31, 2014.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Sony's LYTIA 720 Image Sensor: A Game Changer?

Updated Category News Views 38

Unpacking Sony's Latest Sensor: LYTIA 720 Tell me, when was the last time a tech drop made you shake your head in awe? Sony just pulled one of those moves with their latest toy, the LYTIA 720. We're talking a 50-effective megapixel CMOS image sensor crafted for mobile warriors, and it packs a punch that should have the competition looking over their shoulder. Dazzling...

Continue Reading
Housing Transition: Unlocking the Trillion-Dollar Pathway

Updated Category News Views 44

A Trillion-Dollar Balancing Act at COP31 The housing market: one giant balancing act, now with a trillion bucks at stake. The Sustainable Real Estate Forum (SREF) didn't hold back in their new white paper, "The Trillion-Dollar Housing Transition." They've outlined the monumental shift needed to get our housing not just affordable, but sustainable too. The Lay of the Land...

Continue Reading
KSHN Debuts THC Pouches for Smoke-Free Relief

Updated Category News Views 0

Rolling Out a New Chapter in Medical Cannabis In the world of medical marijuana, things are constantly evolving, always adapting. Now, here comes KSHN Pouch Co., dropping a fresh line of THC pouches across Pennsylvania with a bang. Powered by Terrapin, a veteran in the Commonwealth's medical marijuana scene, these pouches are stirring things up for patients looking for a...

Continue Reading
Definity Teams Up with Germany's dab for SAP Push in LATAM

Updated Category News Views 136

New Frontiers in SAP Integration Definity and dab are taking a pretty big step, folks. They're marching right into the SAP data integration game in Latin America, thanks to a fresh partnership. What you've got here is Mexican-based Definity teaming up with dab from Germany, the brains behind the dab Nexus platform. Bridging the Data Divide Here's the crux of the matter....

Continue Reading
Shorenstein Grabs Prime SoHo Office Spot in Big Play

Updated Category News Views 82

Shifting Gears with Shorenstein's Latest Move Sometimes the real estate market feels like a high-stakes poker game, and right now, Shorenstein's just slapped down a winning hand with their acquisition of 148 Lafayette Street in Manhattan's iconic SoHo. No, this isn't just another polished press release about some glass tower. This is about strategic positioning at its...

Continue Reading
GeoComm and Rypplzz Team Up for 3D Mapping Breakthrough

Updated Category News Views 7

Cracking the Mystery of Multilevel Locations Let me tell you, when lives hang in the balance, every second counts. We've all seen the chaos when first responders are trying to pinpoint someone's location inside a building with more floors than a loaf of bread. Enter GeoComm and Rypplzz, the new superheroes in this story. These two companies have realized the opportunity...

Continue Reading
Danobatgroup's New HQ in Shanghai Marks Strategic Shift

Updated Category News Views 0

Shanghai Beckons: A Game Changer for Danobatgroup One crisp morning in Shanghai marks a turning point for Danobatgroup. The Spanish heavy-hitter in machine tools has pinpointed the Shanghai Xinzhuang Industry Park in Minhang District for its Asia-Pacific headquarters. It ain't just another blip on the radar—this one's a calculated leap. Location, Location, Location...

Continue Reading
Quarterra Taps Jeb Cox for Texas Development Leadership

Updated Category News Views 24

Big Moves in the Lone Star State Jeb Cox is stepping into some rather big cowboy boots over at Quarterra. With nearly two decades under his belt in the multifamily game, he's saddling up as the new Managing Director of Development in Texas. Quarterra, no stranger to the multifamily rodeo, wants to tighten its grip on the bustling Texas market. And Cox, with his gritty,...

Continue Reading
Latham & Harvey Boost Fund Formation With AI Tech

Updated Category News Views 228

AI Joins Forces with Legal Expertise Latham & Watkins LLP and Harvey are teaming up to revolutionize how fund formation gets done. They're jumping into the AI waters with both feet, aiming to make the fund documentation process less of a nightmare and more of a breeze for lawyers. The idea isn't just to cut down on the grunt work, but to let attorneys zero in on what's...

Continue Reading
Strategic Resources Faces Board Shakeup, AGM Announced

Updated Category News Views 169

A Shift in Strategic Resources' Boardroom Dynamics On days like these, companies aren't just ticking boxes. They're repositioning themselves for a future painted with a whole bunch of ‘what ifs’, and Strategic Resources Inc. is no exception. This isn’t just your run-of-the-mill board shuffle—Michael Moore’s resignation marks a pivot moment. Now, you might ask...

Continue Reading

Top 5 Most Recently Viewed Articles

Shake Shack Earnings Preview: Key Insights for Investors

Updated Category News Views 222

Eyes on Shake Shack as Earnings Day Approaches As February 26 rolls around, investors are starting to feel the heat with Shake Shack's earnings report looming. Anticipation is thick in the air, and let’s be real, if you’re holding onto shares, you’re probably itching to see if this burger-and-fries giant can rise above its recent struggles. Analysts are eyeing an...

Continue Reading
Market Sentiment Takes a Hit Amidst Heavy Nasdaq Losses

Updated Category News Views 254

Navigating the Decline: Market Sentiment Takes a Hit Recently, the overall market sentiment has experienced a notable decline, particularly reflected through the CNN Money Fear and Greed Index, which indicates investor apprehension. On a recent Thursday, the index remained firmly in the 'Extreme Fear' zone. The Nasdaq Composite Dips Significantly In a turbulent trading...

Continue Reading
Enhancing Hospital Responses with Modern Alert Systems

Updated Category News Views 192

Enhancing Hospital Responses with Modern Alert Systems In light of recent calamities, hospitals across various regions are increasingly relying on advanced alert systems to improve their emergency response efforts. The proactive use of internet alerts has become essential in maintaining safety during severe weather disruptions. This shift is particularly crucial following...

Continue Reading
Rosenberg & Parker Welcomes Brad Williams to Energy Practice

Updated Category News Views 155

Rosenberg & Parker Expands Energy Expertise with a Key Addition Rosenberg & Parker (R&P) has announced an exciting development as it expands its Energy Practice with the hiring of Brad Williams as Vice President. Brad comes with an impressive track record, bringing nearly 25 years of rich experience in equity capital markets, specifically focusing on traditional and clean...

Continue Reading
Transforming Heart Care: Dr. Joseph E. Bavaria at Jefferson Health

Updated Category News Views 379

Jefferson Health Appoints Dr. Joseph E. Bavaria for Leadership Role Jefferson Health has announced the strategic appointment of Dr. Joseph E. Bavaria as the Executive Director of the Bruce and Robbi Toll Heart and Vascular Institute, as well as the Chair of the Department of Cardiac Surgery at Thomas Jefferson University. This significant addition to Jefferson Health...

Continue Reading