Income continues to improve

Income continues to improve

Operating income for the first quarter of 2007 confirms clearly that all
business areas are on the right track. We exceed our forecast and our income
improved by about 25 percent over the same period last year. We also expanded
our market shares in all regions.

Savings proceeded according to plan, and the product mix has been improved
through successful product launches, especially in Europe, supported by
comprehensive marketing campaigns. Operating income rose in all business areas,
despite rising costs for raw materials and a weaker market in the US. 

We continue to launch new products. Successful launches in Europe have been
particularly satisfying. For example, the projected full-year sales for Iron
Aid, the tumble dryer that reduces the need for ironing, were achieved as early
as the end of March. During the first quarter we initiated the launch of our new
built-in kitchen products, which is one of the largest in Group history. We are
very satisfied with the results so far. The Electrolux ICON series of premium
kitchen appliances has been launched with great success in the Latin American
market. Other examples include the recent launch in the Asia/Pacific region of a
four-door refrigerator with the widest interior Electrolux has ever offered.

Profitable growth is a vital component of our strategy. Especially satisfying is
our continued very strong growth. Since 2005, sales of major appliances have
improved continuously in every quarter in comparison with the preceding year. In
the first quarter of this year, sales rose by 8 percent in comparable
currencies. In the light of our continued investments in products with strong
growth, additional leverage from regions with high growth, and our focus on
sales channels that grow faster than the market, we see no reason to expect that
this trend will be interrupted.

We are maintaining our forecast that operating income, excluding items affecting
comparability, for 2007 will be somewhat higher than in 2006, despite increased
costs for raw materials and uncertainty regarding the market development in the
US.


Stockholm, April 26, 2007



Hans Stråberg
President and CEO

AB ELECTROLUX (PUBL)
MEDIA HOTLINE +46 8 657 65 07
TELEFAX +46 8 738 74 61
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E-MAIL ir@electrolux.se

Electrolux is a global leader in home appliances and appliances for professional
use, selling more than 40 million products to customers in 150 countries every
year. The company focuses on innovations that are thoughtfully designed, based
on extensive consumer insight, to meet the real needs of consumers and
professionals. Electrolux products include refrigerators, dishwashers, washing
machines, vacuum cleaners and cookers sold under esteemed brands such as
Electrolux, AEG-Electrolux, Zanussi, Eureka and Frigidaire. In 2006, Electrolux
had sales of SEK 104 billion and 56,000 employees. For more information, visit
http://www.electrolux.com/press.