Highlights of the first quarter of 2014
· Net sales amounted to SEK 25,629m (25,328).
· Organic sales growth was 4.5%, while currencies had a negative impact of
· All business areas showed organic sales growth.
· Operating income, excluding items affecting comparability, amounted to SEK
749m (720), corresponding to a margin of 2.9% (2.8).
· Strong cash-flow improvement.
· Income for the period, including items affecting comparability, was SEK 431m
(361), and earnings per share SEK 1.50 (1.26).
A telephone conference is held at 9.00 CET on Friday, April 25, 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 first-quarter results of 2014 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
Financial information from Electrolux is available at
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 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 April 25, 2014.
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 2013 Electrolux had sales of SEK 109 billion and 61,000
employees. For more information go to http://group.electrolux.com.
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